Satellogic Signs Exclusive Seven-Figure Agreement with Suhora to Expand Earth Observation Data Services in India

Multi-Year Deal Accelerates Access to High-Resolution Geospatial Data in Another Strategic Market

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data, today announced it has entered into a strategic, multi-year partnership with Suhora, a leading provider of dual-use ISR technologies. The agreement, a seven-figure deal, grants Suhora exclusive rights to provide Satellogic’s data and services in India and Nepal, significantly expanding market access to high-resolution satellite imagery in the region.

This deepening partnership is set to empower a wide range of applications across India by providing unprecedented access to high-frequency, high-resolution geospatial data. The collaboration will deliver cost-effective, low latency access to satellite data, featuring the highest capacity available. This powerful combination will enable government and commercial users to address some of the nation's most pressing challenges with timely and actionable insights.

Through this partnership, Satellogic's advanced satellite constellation will offer critical geospatial intelligence to address environmental challenges and serve broader national interest. This includes more efficient urban and infrastructure development, improved management of natural resources, enhanced sectoral operations, robust disaster response and climate change mitigation and other strategic applications. Suhora will leverage its in-country expertise to deliver these powerful capabilities, tailored to the specific needs of the Indian market.

“We are thrilled to announce Suhora as our new strategic partner and to solidify our commitment to the Indian market with this exclusive agreement,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “India is a dynamic and vital hub of innovation, and there is immense potential for Earth Observation data to drive progress. This agreement will help democratize access to critical geospatial insights, providing cost-effective, high-capacity data access to help solve significant national challenges, from security to sustainability. We look forward to a successful collaboration with Suhora.”

“India is one of the fastest-growing markets for space technology and its applications. While EO data adoption has so far been centered around a limited set of use cases, Satellogic’s accessible and cost-effective data products now open the door to a much wider spectrum of applications that Indian users can fully leverage,” said Krishanu Acharya, CEO, Suhora.

About Satellogic

Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers. Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at unparalleled value . With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

To learn more, please visit: https://www.satellogic.com

About Suhora

Suhora Technologies is an Indian company pioneering dual-use space-based Intelligence, Surveillance, and Reconnaissance (ISR) solutions. By fusing cutting-edge satellite imagery with advanced AI-driven analytics, Suhora transforms near real-time Earth Observation (EO) data into mission-ready intelligence. Its platforms empower defence forces with tactical situational awareness, support disaster agencies in rapid response, and enable commercial sectors to optimize operations and manage risks. Founded in 2018 by Krishanu Acharya (CEO), Amit Kumar (COO), and Rupesh Kumar (CTO), Suhora is building India’s full-stack ISR backbone for both national security and global challenges.
Learn more at: https://www.suhora.com

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning, among other things, our plans, strategies, prospects, both business and financial. Although we believe our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot give any assurance that we either will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. Many actual events and circumstances are beyond the control of the Company. Many factors could cause actual future results to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our earth observation (“EO”) services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning; (iv) risks related to the secured convertible notes, (v) the potential loss of one or more of our largest customers, (vi) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vii) risks and uncertainties associated with defense-related contracts, (viii) risk related to our pricing structure, (ix) our ability to scale production of our satellites as planned, (x) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (xi) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xii) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xiii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiv) risk related to certain minimum service requirements in our customer contracts, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) risks related to changes in tax laws and regulations, including the “One Big Beautiful Bill Act," (xviii) risks related to changes in trade policy and the related impact on macroeconomic conditions, including further expansions of U.S. export controls and tariffs, as well as related retaliatory actions, (xix) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xx) unknown defects or errors in our products, (xxi) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xxii) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxiii) the failure of the market for EO services to achieve the growth potential we expect, (xxiv) risks related to our satellites and related equipment becoming impaired, (xxv) risks related to the failure of our satellites to operate as intended, (xxvi) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxvii) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxviii) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

Contacts

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