Here Is What You Need To Know Before Investing In Satellogic Inc. (SATL)

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.

Here Is What You Need To Know Before Investing In Satellogic Inc. (SATL)

A satellite hovering in space capturing Earth Observation data.

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.

While we acknowledge the risk and potential of SATL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SATL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.