UPDATE May 6: This story was updated to include Satellogic's announcement of a new multi-launch agreement with SpaceX, this one covering 68 satellites.
PARIS — Startup geospatial satellite imagery provider Satellogic’s business model presumes the company can burst open the still-niche commercial market for imagery by dramatically reducing costs.
But for the next couple of years it will be dependent on defense and intelligence business, especially the U.S. defense market — just like everyone else in the business.
Uruguay-based Satellogic, registered in the British Virgin Islands,
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