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0 -0.00819672131147542 -0.0122745901639344 -0.012295081967213 0.00944672131147542 -0.0010245901639344 0.0737704918032788 0.0716598360655738
Stock impact report

Satellogic Expands Partnership with IDT and U.S. Office of Naval Research for "Slingshot" Program Phases II and III

Satellogic Inc. - Class A (SATL) 
Company Research Source: GlobeNewswire
NEW YORK, March 24, 2026 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ: SATL), a vertically integrated geospatial company delivering high-resolution Earth Observation (EO) at unprecedented scale and economics, today announced a new subcontract agreement with Innovative Defense Technologies (IDT) to support the U.S. Office of Naval Research (ONR). This agreement extends the ongoing Slingshot program, an R&D initiative alongside commercial partner GRVTY, focused on accelerated maritime intelligence and low-latency orbital processing. Following the success of Slingshot I, the new phases represent a significant expansion of the program’s scale and technical sophistication: Slingshot II (Summer 2026): Provides a temporal extension of service for two Inter-Satellite Link (ISL)-equipped NewSat Mark V satellites.Slingshot III (2027): Adds six next-generation NewSat Mark VI satellites to the constellation, bringing the total dedicated fleet to eight ISL-ready assets. Redefining Speed for N Show less Read more
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