Earth imagery provider Satellogic sets IPO with Cantor Fitzgerald, says revenue to reach $787M in 2025

by Peter B. de Selding

CARSAC DE GURSON, France — Satellite high-resolution Earth observation constellation startup Satellogic is going public via a merger with Cantor Fitzgerald Acquisition Corp. that gives Satellogic an enterprise value of $850 million and promises investors that revenue will grow from $7 million this year to $787 million in 2025.

During that time, the company’s 13-satellite constellation, which since a June 30 launch is now 17 satellites, will grow to 300 by 2025, Satellogic said. It will sharpen its ground sampling distance from 70 cm currently from a . . .

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