10 Best Low Priced Defense Stocks to Buy Now

3. Satellogic Inc. (NASDAQ:SATL)

Share Price as of July 28: $3.55

Number of Hedge Fund Holders: 5

Satellogic Inc. (NASDAQ:SATL) is among the 10 Best Low Priced Defense Stocks to Buy Now. The stock has gained 18.60% year-to-date, with notable contract awards driving investor confidence.

The company was selected in April by a strategic defense and security customer to provide near-daily and ultra-low latency analytics from its AI-first constellation. The contract is valued at $30 million.

Earlier in the year, in February, Satellogic Inc. (NASDAQ:SATL) and Telespazio Brasil signed a multi-year agreement with Brazil’s Air Force (FAB) to provide low-latency satellite imagery for security operations within the country’s territory.

Satellogic Inc. (NASDAQ:SATL)’s move to U.S. jurisdiction in March has also helped in strengthening the company’s market position and enhancing investor access. On July 8, the company was included in the U.S. small-cap Russell 3000 Index.

Satellogic Inc. (NASDAQ:SATL) is a vertically integrated geospatial analytics company that delivers real-time insights for consumers, governments, and industries worldwide.