Satellogic chosen for NASA's SmallSat Data Acquisition Program

Written by Copernical Team Sunday, 15 September 2024 16:42

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Los Angeles CA (SPX) Sep 15, 2024

Satellogic Inc. (NASDAQ: SATL), a provider of sub-meter resolution Earth observation data, has been selected as one of eight companies awarded a contract in NASA's Commercial SmallSat Data Acquisition (CSDA) Program. The On-Ramp1 Multiple Award contract, which holds a cumulative maximum value of $476 million, was announced on September 6, 2024. This selection reflects Satellogic's dedication to

Satellogic chosen for NASA's SmallSat Data Acquisition Program
by Clarence Oxford
Los Angeles CA (SPX) Sep 15, 2024

Satellogic Inc. (NASDAQ: SATL), a provider of sub-meter resolution Earth observation data, has been selected as one of eight companies awarded a contract in NASA's Commercial SmallSat Data Acquisition (CSDA) Program. The On-Ramp1 Multiple Award contract, which holds a cumulative maximum value of $476 million, was announced on September 6, 2024. This selection reflects Satellogic's dedication to providing high-quality Earth observation data to advance scientific research and improve life on Earth.

Through this program, Satellogic will deliver high-resolution multispectral imagery to NASA under a multiple-award contract that extends until November 15, 2028. The CSDA program aims to provide NASA, U.S. government agencies, and international partners with a cost-effective solution to supplement and enhance the Earth observation data already being collected. The data is expected to play a key role in efforts to address climate change, monitor environmental conditions, and improve applications that benefit humanity.

"We are excited to contribute to NASA's pioneering efforts in advancing Earth science research through commercial satellite data," said Matt Tirman, President, at Satellogic. "This award recognizes our commitment to delivering accessible and actionable geospatial data, and we look forward to supporting NASA's ongoing research and applications through this collaboration."

The CSDA program represents a significant initiative for NASA, seeking to utilize the commercial space sector's capabilities. By partnering with companies like Satellogic, NASA can efficiently and affordably gather critical Earth observation data. This collaboration highlights the value of public-private partnerships in promoting innovation and deepening our understanding of the planet.

For more information on the Commercial SmallSat Data Acquisition Program, visit https://www.nasa.gov/news-release/nasa-selects-companies-for-commercial-smallsat-services-award/.