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2025-01-24
NoneNEW YORK--(BUSINESS WIRE)--Dec 10, 2024-- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data, announced today it has closed its previously announced $10 million private placement, pursuant to which the Company issued an aggregate 3,571,429 Class A Ordinary Shares to a single institutional investor at a purchase price of $2.80 per share. The Company expects to use the net proceeds from the offering for general corporate purposes. The Company also announced today that it has filed a shelf registration statement on Form F-3 (the “Shelf Registration Statement”) to register the resale of the shares issued in the private placement as required under the share purchase agreement entered into in connection with the transaction. The Shelf Registration Statement also contemplates the primary issuance of up to $150 million aggregate amount of Class A Ordinary Shares. Accordingly, if and when the Shelf Registration Statement is declared effective, it will permit the offer and sale, from time to time, in one more series or issuance and on terms to be determined at the time of the offering, the resale of the private placement shares and the offer and sale by the Company of up to $150 million aggregate amount of Class A Ordinary Shares. “We are pleased to have successfully completed this private placement, which strengthens our balance sheet and positions us for continued growth as we advance our mission and continue our focus on our U.S. strategy, the National Security market, and our global Space Systems opportunities,” said Emiliano Kargieman, CEO & Founder, of Satellogic. Rick Dunn, Chief Financial Officer, added, “This shelf registration statement allows for future flexibility in our capital markets strategy by establishing a framework for potential future capital raising opportunities.” Should the Company decide to raise capital in a future offering using the Shelf Registration Statement, the Company will describe the specific details of that future offering in a prospectus supplement that is filed with the SEC. The Shelf Registration Statement has been filed with the SEC but is not yet effective. The Class A Ordinary Shares included therein may not be sold nor may offers to buy be accepted under the Shelf Registration Statement prior to the time it becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities of the Company in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Satellogic Satellogic is a leading provider of sub-meter resolution satellite imagery that delivers real-time insights for governments, industries, and consumers worldwide. With its growing constellation of small satellites, Satellogic offers scalable, cost-effective solutions for high-frequency Earth observation. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning the Company’s strategies, future opportunities, recently completed private placement and plans regarding the Shelf Registration Statement. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by, an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected; (ii) our ability to continue as a going concern; (iii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues; (iv) risks related to the secured convertible notes issued by the Company’s wholly-owned subsidiary, Nettar Group Inc.; (v) the potential loss of one or more of our largest customers; (vi) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle; (vii) risks and uncertainties associated with defense-related contracts; (viii) risks related to our pricing structure; (ix) our ability to scale production of our satellites as planned; (x) unforeseen risks, challenges and uncertainties related to our expansion into new business lines; (xi) our dependence on third parties, to transport and launch our satellites into space; (xii) our reliance on third party vendors and manufacturers to build and provide certain satellite components, products, or services; (xiii) our dependence on ground station and cloud-based computing infrastructure operated by third parties for value added services, and any errors, disruption, cybersecurity incidents, performance problems, or failure in their or our operational infrastructure; (xiv) risks related to certain minimum service requirements in our customer contracts; (xv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances; (xvi) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions; (xvii) competition for EO services; (xviii) challenges with international operations or unexpected changes to the regulatory environment in certain markets; (xix) unknown defects or errors in our products; (xx) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies; (xxi) uncertainties regarding our previously announced and ongoing efforts to reduce operational costs and control spending, including workforce reductions; (xxii) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies; (xxiii) the failure of the market for EO services to achieve the growth potential we expect; (xxiv) risks related to our satellites and related equipment becoming impaired; (xxv) risks related to the failure of our satellites to operate as intended; (xxvi) production and launch delays, launch failures, and damage or destruction to our satellites during launch; (xxvii) significant risks and uncertainties related to our insurance that may not be covered by insurance; and (xxviii) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 20-F and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations. View source version on businesswire.com : https://www.businesswire.com/news/home/20241210774054/en/ CONTACT: Investor Relations: Ryan Driver, VP of Strategy & Corporate Development ryan.driver@Satellogic.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SATELLITE SOURCE: Satellogic Inc. Copyright Business Wire 2024. PUB: 12/10/2024 05:40 PM/DISC: 12/10/2024 05:40 PM http://www.businesswire.com/news/home/20241210774054/enjilibet slot

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Former Trump White House official Olivia Troye has issued a stark warning for women entering the incoming administration. “TheTrump White House’s chauvinistic male-dominated culture will be exacerbated by the presence of Elon Musk, JD Vance, Donald Trump Jr., Matt Gaetz, Pete Hegseth, and other ‘bros’ in positions of authority or influence,” Troye, who served as former Vice President Mike Pence ’s national security adviser, wrote on her Substack on Thursday. “It will be an intimidating environment, but stay true to your values, even when it is uncomfortable or unpopular. Remember, you have only yourself to face in the mirror every day.” Since leaving the administration, Troye has become an outspoken critic of Trump and campaigned on behalf of his Democratic rival Kamala Harris in 2024. In her post, Troye also urged women to seek out female allies and warned that they would face the “male gaze” and “locker room talk” in the administration. The latter phrase is a reference to Donald Trump’s defense after the Access Hollywood tape, in which he said a recording of him bragging about groping women was exaggerated macho banter. “It’s beyond time for Olivia Troye to go back to doing whatever the hell she was doing before she threw her integrity in the toilet to get her face on liberal television because she clearly has no idea what she’s talking about,” Trump-Vance transition spokeswoman Karoline Leavitt told The Independent . “President Trump just selected the first female Chief of Staff in history and I’m greatly looking forward to serving as the youngest Press Secretary in history. He has also chosen several other women to serve in his Cabinet, and there will be thousands of strong, independent women who fill the ranks across his Administration. President Trump empowers women and anyone who has their head on straight can see that.” Multiple members of and nominees in the new administration have been accused of sexual misconduct towards women, including Defense Secretary nominee Pete Hegseth, Health and Human Services nominee Robert F. Kennedy, Jr., Department of Government Efficiency head Elon Musk, and since-withdrawn attorney general nominee Matt Gaetz. They have all denied wrongdoing and have not been charged with any crimes related to the allegations. A jury found Trump liable for sex abuse against former Elle columnist E. Jean Carroll.Gill St. Bernard’s is the Non-Public B champion for the sixth-straight time. The Knights defeated Moorestown Friends 8-0 in the championship game on Thursday night at Franklin High School to win their ninth-overall state title. Dan Scali scored twice for Gill St. Bernard’s, while JeanCarlo Sanchez, Max Voigt, Jackson Murray, Julio Rzemieniewski and Felipe Zumbado also scored. Moorestown Friends (12-8-1) ends its season as Burlington County Scholastic League Patriot Division champions and South, Non-Public B champs. RECOMMENDED • nj .com Strong second half propels No. 3 Scotch Plains-Fanwood to 1st sectional title since 2016 Nov. 15, 2024, 9:04 p.m. Rahway tops South Plainfield to win first North 2, Group 3 title since 2019 Nov. 15, 2024, 5:42 p.m. Lauren Knego may be reached at lknego@njadvancemedia.com . Follow her at @laurenknego The N.J. High School Sports newsletter now appears in mailboxes 5 days a week. Sign up now! Follow us on social: Facebook | Instagram | X (formerly Twitter )In Secret Level ( Prime Video ), the new animated anthology series created by filmmaker and visual effects artist Tim Miller (the Emmy-winning Love, Death & Robots ), major gaming titles get new stories told inside their respective universes, with all of the game-specific visuals and references to match. Secret Level kicks off its first season’s 15 installments with Dungeons & Dragons , and will also include tales told in the worlds of games like Sifu , Honor of Kings , PAC-MAN , Armored Core , or in tribute to a game system itself, like PlayStation. Arnold Schwarzenegger, Patrick Schwarzenegger, Keanu Reeves, Claudia Doumit, Merle Dandridge, Temuera Morrison, Emily Swallow, and Kevin Hart are among the Secret Level voice cast. SECRET LEVEL : STREAM IT OR SKIP IT? Opening Shot: A young man with runes tattooed on his face stews in the cage where he is a prisoner. Suddenly, the sound of clashing swords in the camp, and new voices. “These are the hallowed lands of the Loyal Fury, protected by the great Oriel!” The Gist: The Dungeons & Dragons -themed first episode of Secret Level introduces us to Solon (Noah Manzoor), the boy in the cage, and his rescuers, a group led by the brave elven paladin Mora (Madeline Knight) and including Tally (Laura Wohlwend), a spellcasting gnome, the powerful monk Luzum (Delroy Atkinson), and a shape-shifting warrior called Ahokal (Umulsa Gahiga). When they encounter Solon, Mora and her pals immediately pivot to rescuing him from his current predicament. But when they take him to see Oriel (Paul Ridley), the benevolent golden dragon they serve, it soon becomes evident that forces from evil realms are determined to keep Solon in their grasp. Cue a battle sequence, set on a bridge that was hewed from white limestone to emulate a two-handed long sword. A White Walker-type appears, which does not bode well for our heroes. Follow Mora into a great cavern, the vast chamber of Oriel. The kind dragon’s powers can counteract the possession of Solon by a cult of evil dragon-worshippers. And thrill to the little band’s courage as they turn to face a new threat, one that has evolved out of their still-dangerous present situation. All of this is happening within a slim quarter of an hour, the average runtime for installments of Secret Level . And if it feels like it could be one of those D&D choose-your-adventure stories, that’s probably on purpose. Tim Miller, whose Blur animation studio created Secret Level , has said each episode of the anthology will expand on the storytelling from a particular game. So fans of that lore, whether it’s part of Dungeons & Dragons , Warhammer , Sifu , Spelunky , or the rest, should find full immersion into these stories pretty easy. It’s like a game title’s introductions and summary screens came to life and started talking. Or, in the case of the D&D installment, started fighting the hero characters. “ Astahii plythu nah! ” the entity inside Solon screams at Oriel and Mora in the cavern. “ Loaw tah nah! Pluthu tah vorae... ” What Shows Will It Remind You Of? An as-yet-to-appear fourth season of Love, Death & Robots was announced back in 2022, when Season 3 dropped. Netflix also features the short vignettes of anime series Gundam: Requiem for Vengeance , as well as Arcane , which is set in the League of Legends video game universe. Our Take: But wait, what if we get attached? As Secret Level strides confidently into the established worlds of heavyweight game titles, it’s with large amounts of visual splendor – the series animation, always sharp, bends and evolves within the style of each featured game – and with well-conceived characters, who it feels like we’ve known forever. Which is where that initial question comes in. After the events of the D&D episode of Secret Level , for example, what if we would like more? What if we wished to rejoin the paladin Mora and her fellow travelers as they mounted their next exciting quest? We can’t. In Secret Level , no matter how compelling it is, the action and characters from one installment don’t carry over to the next, which starts anew inside the visual space and storytelling of an entirely different video game. This is both a big credit to the series and a minor detriment. It shows so much proficiency in creating these deeply-imagined addendums to established worlds, all we want is more. Who knows, maybe Secret Level returns to what it’s created alongside these games in additional seasons. But for now, we’re just going to imagine these installments like fun little daydreams, imagined storylines from games played set to motion, punctuated with smart details imported from each of those universes. Sex and Skin: None. Parting Shot: The screen is awash in flame as Solon, Mora, Tally, Luzum, and Ahokal turn to face their next adversary. Over the years, Solon got used to doing this kind of thing all alone. But now he has friends. Sleeper Star: Laura Wohlwend is a standout as Tally, a gnome conjurer, in the first installment of Secret Level . She can wield a fireball with the snap of a finger. But Wohlwend is also able to move the character’s arc from suspicion to trust effectively in the tight space of the first episode, which is essentially a Dungeons & Dragons -themed short story. Most Pilot-y Line: “What in the Nine Hells?” It’s a quick line in an otherwise larger battle sequence. But the reference to a mysterious land of devils inside the Dungeons & Dragons narrative shows off Secret Level ’s flair for a deep cut. Our Call: Stream It! Secret Level should be a boon for gamer heads, as it emulates and expands upon the established look and feel of heavyweight video game titles like Dungeons & Dragons , Unreal Tournament , Sifu , and Warhammer 40,000 . Johnny Loftus ( @glennganges ) is an independent writer and editor living at large in Chicagoland. His work has appeared in The Village Voice, All Music Guide, Pitchfork Media, and Nicki Swift.Stocks drop in thin year-end trade amid tax selling, profit taking

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The Transportation Security Administration has some reminders for those heading to airports during the holidays. “People seem to forget some of the more common and routine steps that they need to take when packing for a flight or when they are going through a checkpoint, perhaps because they’re focused on being at their destination and not focusing on what needs to happen before getting there,” said TSA officer Christopher Kirchein of John F. Kennedy International Airport. “Travelers sometimes ignore the advice that we give them,” said TeaNeisha Barker, a TSA uniformed adviser. “We are providing guidance so that they get through the checkpoint as simply and conveniently as possible. Not every airport has the same technology, so listen to the guidance we are offering.” “Passengers forget that knives and other weapons are not allowed through our checkpoints. It’s shocking to see so many people with knives,” said TSA officer Aisha Hicks of Philadelphia International Airport. “Weapons of any kind are prohibited through a TSA checkpoint.” TSA officers shared this list of the common things that travelers forget and should remember when coming to a security checkpoint. Ten things that travelers need to remember when preparing to go through the security screening process: • Remember that you cannot bring bottles of water, energy drinks, juice, coffee, soda or any filled insulated reusable container through a security checkpoint. However, they can finish their beverage and bring the empty bottle or container with them. • Remember to bring your ID to the checkpoint. • Remember when TSA officers remind you to remove everything from your pockets that it does not only mean metallic items such as keys and mobile phones, but it means everything, including non-metallic items such as tissues, lip balm, breath mints, etc. • Remember that you cannot bring a firearm through a checkpoint. Instead, pack your unloaded firearm in a locked hard-sided case and declare it at your airline check-in counter and the airline will ensure it is transported in the belly of the plane where nobody has access to it. • Remember that you need to remove your shoes when getting screened and then end up barefoot on the floor. It’s probably a good idea to wear socks. • Remember that children 12 and under are allowed to travel through a TSA PreCheck screening lane with a parent who has TSA PreCheck on their boarding pass. In addition, don’t forget that children up to the age of 18 can also come into the TSA PreCheck lane with their parent if they are on the same airline reservation as their parent. • Remember that passengers that appear 12 and under or 75 and older do not need to remove their shoes and light jacket. • Remember, if you are putting a lock on your luggage, make sure it is a TSA compatible lock so that if TSA officers need to open your luggage, they can unlock it and relock it. If the lock is not TSA compliant, TSA officers who need to open your luggage will cut off the lock, rendering it useless. • Remember that you can bring medications through a security checkpoint, even liquid medication. Just let the TSA officer know that you have liquid medication with you so it can be screened separately. • Remember to get a REAL ID-compliant driver’s license sooner rather than later because REAL ID goes into effect on May 7.City of Saskatoon budget deliberations begin Monday

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