On January 27, 2026, Satellogic Inc. (NASDAQ: SATL) completed the offer and sale of approximately $35 million of shares of its class A common stock in a registered direct offering. Satellogic intends to use the net proceeds from this offering for continued investment in growth initiatives, constellation and satellite infrastructure, working capital, and general corporate purposes.
The King & Spalding team representing Satellogic included Zack Davis, Zack Peffer, Savannah Padgett and Lauryn Morris.
A press release announcing the offering can be found here.