NasdaqCM:SATLAerospace & Defense
Satellogic (SATL) Valuation Check After Albanian Monitoring Extension And Recent Equity Raise
Satellogic (SATL) is back in focus after extending its national satellite monitoring agreement with the Albanian government for another 11 months, reinforcing recurring demand for its Earth observation services from a sovereign client.
See our latest analysis for Satellogic.
The contract extension arrives just days after Satellogic completed a series of follow on equity offerings totaling about US$46.5m. The stock has been volatile, with a 1 day share price return of a 2.42% decline, a 30 day...