LA PLATA, Maryland — Geospatial satellite constellation operator Satellogic said it will need to raise fresh cash to meet its business plan this year, even after slowing constellation capex and reducing operating expenses.
The company said that as of March 31, it had $17.7 million in cash, down from $22.5 million a year earlier, and that it had used $4.9 million in cash for operations during the first three months of 2025.
In a May 13 filing with the US Securities and Exchange Commission (SEC . . .
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