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Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2491362405","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491362405?lang=en_us&edition=fundamental","pubTime":"2024-12-13 08:40","pubTimestamp":1734050400,"startTime":"0","endTime":"0","summary":"Cantor Fitzgerald, the Wall Street firm helmed by Commerce Secretary nominee Howard Lutnick, will pay $6.75 million to settle civil regulatory charges over misleading disclosures.The Securities and Exchange Commission said Thursday that Cantor caused two entities it controlled to violate securities laws. According to the regulator's order, Cantor led two special-purpose acquisition companies, or SPACs, which it oversaw in 2020 and 2021, to make misleading statements to investors ahead of their initial public offerings.\"No investor was ever harmed by the alleged issues described in the order,\" a spokesperson for Cantor said in a statement. \"We are pleased to have concluded this matter by mutual agreement with the SEC.\". In addition to his firm's public association with SPACs -- Cantor, according to the SEC, has sponsored nine through its subsidiaries -- Lutnick is viewed as an outspoken advocate of cryptocurrencies. His firm, which he has called the \"best investment bank for digital ass","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SATL","BK4211","ISBC","BK4187"],"gpt_icon":0},{"id":"2491361292","title":"Cantor Fitzgerald Pays SEC $6.75 Million for Alleged SPAC Abuses","url":"https://stock-news.laohu8.com/highlight/detail?id=2491361292","media":"Bloomberg","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491361292?lang=en_us&edition=fundamental","pubTime":"2024-12-13 07:14","pubTimestamp":1734045277,"startTime":"0","endTime":"0","summary":" -- Cantor Fitzgerald LP agreed to pay $6.75 million to settle US Securities and Exchange allegations that it misled investors in two blank-check firms before their stock-market debuts.The firm, led by Chief Executive Officer Howard Lutnick, controlled two special purpose acquisition companies in 2020 and 2021 that raised $750 million. The SPACs claimed in regulatory filings that they hadn’t had substantive talks with potential merger targets, the agency said in a statement on Thursday. In reality, the entities had already started negotiations with a small group of candidates, it said.“This enforcement action reflects the straightforward proposition that any disclosures about substantive discussions with potential targets must be materially accurate,” Sanjay Wadhwa, acting director of the regulator’s enforcement division, said in the statement.The firm settled without admitting to or denying the allegations. Lutnick, tapped by Donald Trump to run the Department of Commerce, isn’t a def","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/AURqGzR1rCbzlPc108IhQw--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_markets_842/402cc49e2cb333441419fdf6c37bc236","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/AURqGzR1rCbzlPc108IhQw--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_markets_842/402cc49e2cb333441419fdf6c37bc236"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cantor-fitzgerald-pays-sec-6-231437036.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SATL","JPM","SATLW","MS","BK4187"],"gpt_icon":0},{"id":"2491968365","title":"UPDATE 1-Cantor Fitzgerald pays $6.75 million to settle SEC charges over misleading SPAC disclosures","url":"https://stock-news.laohu8.com/highlight/detail?id=2491968365","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491968365?lang=en_us&edition=fundamental","pubTime":"2024-12-13 07:01","pubTimestamp":1734044472,"startTime":"0","endTime":"0","summary":"(Adds more context throughout)      WASHINGTON, Dec 12 (Reuters) - Wall Street brokerage Cantor Fitzgerald has agreed to pay a $6.75-million penalty to settle Securities and Exchange Commission charge","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4187","SATL"],"gpt_icon":0},{"id":"2490893148","title":"Satellogic, Maxar Intelligence Partner to Support National Security Missions","url":"https://stock-news.laohu8.com/highlight/detail?id=2490893148","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490893148?lang=en_us&edition=fundamental","pubTime":"2024-12-12 01:38","pubTimestamp":1733938702,"startTime":"0","endTime":"0","summary":"Satellogic  is teaming up with Maxar Intelligence to improve its ability to provide the US government with almost near-time monitoring and change detection insights, the companies said Wednesday.The companies said the tasking, data licensing and distribution agreement specifically gives Maxar exclusive rights to Satellogic data to support national security missions for the US and select international partners.The companies said Maxar can task Satellogic imagery and apply machine learning models to monitor activity and detect change over various geographies at the same time.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4107","BK4187","NSEC","SATL"],"gpt_icon":0},{"id":"2490889863","title":"Maxar and Satellogic Forge Partnership to Boost National Security Surveillance","url":"https://stock-news.laohu8.com/highlight/detail?id=2490889863","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490889863?lang=en_us&edition=fundamental","pubTime":"2024-12-12 01:02","pubTimestamp":1733936529,"startTime":"0","endTime":"0","summary":"Satellogic ( ($SATL) ) has issued an announcement. Maxar Intelligence and Satellogic have entered into a strategic partnership to enhance national ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/maxar-and-satellogic-forge-partnership-to-boost-national-security-surveillance?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/maxar-and-satellogic-forge-partnership-to-boost-national-security-surveillance?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["NSEC","SATL","BK4187","BK4107"],"gpt_icon":0},{"id":"2490085155","title":"Maxar Intelligence and Satellogic Announce Tasking Partnership to Support National Security Missions","url":"https://stock-news.laohu8.com/highlight/detail?id=2490085155","media":"THOMSON REUTERS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490085155?lang=en_us&edition=fundamental","pubTime":"2024-12-11 21:00","pubTimestamp":1733922002,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241211:nTUA2C6BMC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4187","SATL"],"gpt_icon":0},{"id":"2490851740","title":"Maxar Intelligence and Satellogic Announce Tasking Partnership to Support National Security Missions","url":"https://stock-news.laohu8.com/highlight/detail?id=2490851740","media":"Business Wire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490851740?lang=en_us&edition=fundamental","pubTime":"2024-12-11 21:00","pubTimestamp":1733922000,"startTime":"0","endTime":"0","summary":"Maxar Granted Exclusive Rights to Satellogic Data for Missions Supporting the U.S. Government and Select International Government Partners. NEW YORK, December 11, 2024----Maxar Intelligence and Satellogic, Inc.  have announced a tasking, data licensing and distribution agreement  that enhances Maxar’s ability to deliver monitoring and change detection insights in near real-time for the U.S. government and the government’s partners around the world.Specifically, the Agreement grants Maxar exclusive rights to task Satellogic’s high-revisit constellation and use its cost-effective satellite imagery to support national security missions for the U.S. Government and select U.S. partners internationally.Maxar Intelligence is a leading provider of secure, precise geospatial insights. Operating the most advanced commercial Earth observation constellation on orbit, we use the power of very high-resolution satellite imagery and software technology to deliver mission success on Earth and in space.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5LepFJ6SNOn0ragK4gpc4A--~B/aD00MjA7dz0xODAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/c31897b256feba33811b2c95b83325a7","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5LepFJ6SNOn0ragK4gpc4A--~B/aD00MjA7dz0xODAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/c31897b256feba33811b2c95b83325a7"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/maxar-intelligence-satellogic-announce-tasking-130000527.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4187","SATLW","BK4107","NSEC","SATL"],"gpt_icon":0},{"id":"2490902037","title":"Satellogic Announces Closing of $10 Million Private Placement and Filing of Shelf Registration Statement","url":"https://stock-news.laohu8.com/highlight/detail?id=2490902037","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490902037?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:40","pubTimestamp":1733870400,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241210:nTUA6VTR5Y:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SATL","BK4187"],"gpt_icon":0},{"id":"2490502014","title":"Satellogic Announces Closing of $10 Million Private Placement and Filing of Shelf Registration Statement","url":"https://stock-news.laohu8.com/highlight/detail?id=2490502014","media":"Business Wire","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490502014?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:40","pubTimestamp":1733870400,"startTime":"0","endTime":"0","summary":"NEW YORK, December 10, 2024----Satellogic Inc. , 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.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 Eart","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Zkpnt0zQJruTpDf1G.InQA--~B/aD00MjA7dz0xODAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/4819ee17e59356fb8526a686d05ce830","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Zkpnt0zQJruTpDf1G.InQA--~B/aD00MjA7dz0xODAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/4819ee17e59356fb8526a686d05ce830"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/satellogic-announces-closing-10-million-224000365.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4187","SATL","SATLW"],"gpt_icon":0},{"id":"2490022481","title":"Satellogic: Files Prospectus Relates to Offer and Sale From Time to Time of up to $150 Mln of Class a Ordinary Shares - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2490022481","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490022481?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:13","pubTimestamp":1733868807,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241210:nFWN3NB1FO:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SATL","BK4187"],"gpt_icon":0},{"id":"2490081022","title":"Satellogic files to sell $150M of Class A ordinary shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2490081022","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490081022?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:10","pubTimestamp":1733868617,"startTime":"0","endTime":"0","summary":"17:08 EST Satellogic (SATL) files to sell $150M of Class A ordinary shares Published first on TheFly – the ultimate source for real-time, market-mo...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/satellogic-files-to-sell-150m-of-class-a-ordinary-shares?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/satellogic-files-to-sell-150m-of-class-a-ordinary-shares?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4187","SATL"],"gpt_icon":0},{"id":"2490021694","title":"Satellogic Inc. Enters Share Purchase Agreement to Bolster Market Position","url":"https://stock-news.laohu8.com/highlight/detail?id=2490021694","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490021694?lang=en_us&edition=fundamental","pubTime":"2024-12-11 05:28","pubTimestamp":1733866136,"startTime":"0","endTime":"0","summary":"An announcement from Satellogic ( ($SATL) ) is now available. Satellogic Inc. has entered into a share purchase agreement with an unnamed purchaser...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/satellogic-inc-enters-share-purchase-agreement-to-bolster-market-position?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/satellogic-inc-enters-share-purchase-agreement-to-bolster-market-position?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4187","SATL"],"gpt_icon":0},{"id":"2490703046","title":"Why Satellogic Stock Soared 24% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2490703046","media":"Motley Fool","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490703046?lang=en_us&edition=fundamental","pubTime":"2024-12-10 00:41","pubTimestamp":1733762460,"startTime":"0","endTime":"0","summary":"Satellogic announced a $10 million private placement of stock today.The satellite imaging company also announced an expanded contract to provide data for oil industry analysts.The company did not say what effect the contract will have on revenue or profits, and Satellogic is losing money at a frightful rate.That could be a problem for investors, because despite what today's outsize surge in Satellogic's stock price might suggest, this is a company that could really use some profit. Over the last 12 reported months, Satellogic has racked up more than $64 million in net losses, and more than $55 million in negative free cash flow. For a company with less than $26 million in cash on hand, this implies that Satellogic might run out of cash within the next six months.To stave off that prospect, Satellogic did announce today that it is selling $10 million in new stock to a provide buyer. That only suffices to keep the lights on for another couple of months, though. Unless and until Satellogi","market":"fut","thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F800434%2F1-green-arrow-going-up.jpg&op=resize&w=165&h=104","type":0,"news_type":0,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F800434%2F1-green-arrow-going-up.jpg&op=resize&w=165&h=104"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com/investing/2024/12/09/why-satellogic-stock-soared-24-today/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"fool_stock","symbols":["SATL","BK4187"],"gpt_icon":0},{"id":"2490775917","title":"Satellogic Secures $10M Amid Explosive 378% Montly Gain","url":"https://stock-news.laohu8.com/highlight/detail?id=2490775917","media":"GuruFocus.com","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490775917?lang=en_us&edition=fundamental","pubTime":"2024-12-10 00:18","pubTimestamp":1733761100,"startTime":"0","endTime":"0","summary":"Monday's announcement by Satellogic , saw the satellite-based Earth imaging provider, ink a share purchase deal with one institutional buyer With a private placement price of $2.80 per share, the business will issue and market 3.57 million Class A Ordinary Shares, therefore yielding around $10 million in gross proceeds.Satellogic intends to spend the net proceeds from the transaction for general corporate needs. Expecting normal circumstances, the transaction is scheduled to conclude on or before December 10.GuruFocus has detected 6 Warning Signs with SATL.The announcement falls during Satellogic's period of remarkable stock performance. Over the past month, shares have jumped 378%; the last five days alone show a 79% increase. Reflecting increased investor interest in the company's growth prospects, the stock has surged 265% over the past three months.The private placement gives Satellogic more funding as it keeps growing its Earth imaging activities, thereby augmenting its trajectory","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Jce7Zjf98EuwGjDlvf7f2A--~B/aD01MzM7dz04MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/094aa0ea4561552faee3e39f43d9b80a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Jce7Zjf98EuwGjDlvf7f2A--~B/aD01MzM7dz04MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/094aa0ea4561552faee3e39f43d9b80a"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/satellogic-secures-10m-amid-explosive-161820063.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4187","SATL","SATLW"],"gpt_icon":0},{"id":"2490376776","title":"Satellogic Shares Rise After Contract Extension With SynMax","url":"https://stock-news.laohu8.com/highlight/detail?id=2490376776","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490376776?lang=en_us&edition=fundamental","pubTime":"2024-12-09 23:01","pubTimestamp":1733756460,"startTime":"0","endTime":"0","summary":"Satellogic shares were up 33% at $5.22 after the company said it has expanded its contract with SynMax, a U.S. satellite data analytics firm.The stock hit its 52-week high of $5.49 earlier in the session, and is up 122% in the past 12 months.The integrated geospatial company said SynMax will leverage its high-frequency, high-resolution imagery to improve its Hyperion platform for oil and natural gas production monitoring for hedge funds and financial analysts.Under the contract, Satellogic will triple the number of wellheads monitored by SynMax across North America to more than 100, providing imagery multiple times per week.Satellogic also entered into a share-purchase agreement with a single institutional investor, where it will issue and sell 3.6 million in a private placement at $2.80 a share.The company expects to see proceeds of $10 million, before deducting offering expenses. The company expects to use the proceeds from the offering for general corporate purposes.The transaction ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4187","SATL"],"gpt_icon":0},{"id":"2490720787","title":"Satellogic Shares Advance Pre-Bell After Expansion of SynMax Well-Monitoring Contract","url":"https://stock-news.laohu8.com/highlight/detail?id=2490720787","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490720787?lang=en_us&edition=fundamental","pubTime":"2024-12-09 22:05","pubTimestamp":1733753140,"startTime":"0","endTime":"0","summary":"Satellogic  shares were up more than 30% in premarket activity Monday after it announced an expansion of its contract with US satellite data analytics firm SynMax,Financial terms were not disclosed.Under the contrat, SynMax will use Satellogic imagery to improve its Hyperion platform, which delivers oil and natural gas production monitoring for hedge funds and financial analysts, the company said.Satellogic said it will triple the number of wellheads monitored by SynMax across North America to more than 100 and provide imagery multiple times per week.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SATL","BK4187"],"gpt_icon":0}],"pageSize":16,"totalPage":3,"pageCount":2,"totalSize":40}]}}