Satellogic launches first Merlin satellite; shares jump

Satellogic

02/10/2026 16:37

 ** Geospatial intelligence firm Satellogic SATL.O shares rise 6% to $5.77
** Co says Merlin.01, two NewSat Mark VIs and one NewSat Mark V launched from Vandenberg aboard a SpaceX Falcon 9 on Oct 1
** Satellites entered sun-synchronous low-Earth orbit and reported good health after ground-station contact
** Co targets full operational capacity for Merlin in H2 2027
** Including session's move, SATL shares more than tripled YTD

(Reporting by Jayasree Prabhu in Bengaluru)
((jayasree.prabhu@thomsonreuters.com))