Danny cheng
Technology Investor, Homily Charts & Technical Analysis
Satellogic's headline $20M Q2 net loss hides its first-ever profitable quarter, since $19.7M was a non-cash mark-to-market charge on convertible notes and warrants. Revenue rose 259% to $15.9M while opex grew 46%, with $2.8M of adjusted EBITDA, an 82% gross margin ex-depreciation and $112.8M of cash. Satellites built in-house for about $1.3M each and non-ITAR independence from the US win sovereign customers, with a roughly $1B pipeline. 2027 should be another step forward. x.com x.comÂ
Satellogic continues to head higher as the broader space trade carries it, with space stocks showing relative strength. Its chart shows a large rounding bottom that could set up a reversal, and Golden Dome speculation adds to the case. x.comÂ
Satellogic is too speculative to own with a market cap under $1 billion. x.comÂ
Satellogic's technology is proving itself as defense customers move from trial to full deployment in six months. It just won an $18M contract for persistent, high-frequency Earth observation imagery, after an April $12M in-orbit satellite sale to a sovereign defense customer, and Q1 revenue rose 80%. Defense customers no longer accept coverage gaps from legacy providers. After a 350% year-to-date run the stock fell 25% in two sessions; the $7.90-8.30 support zone is the next accumulation window. … Show more
Satellogic is turning from a story stock into a delivery stock, backed by firm paid contracts as it shifts from imagery sales to subscription Constellation-as-a-Service and AI defense intelligence. Q1 2026 RPO reached $64.8M, with $29.2M converting to revenue within 12 months, and Nuveen and UBS sharply raised positions. Its in-house LEO constellation lets smaller nations own dedicated satellite access, winning large, sticky defense deals, and its Merlin AI platform helped lift gross profit. … Show more
ImmunityBio, Kosmos Energy, Sidus Space, bioAffinity, AXT, Satellogic, Sky Quarry, Viavi, Lightwave Logic and Qnity Electronics are stocks that can continue to double, with money flowing into the group. Worth keeping a close eye on. x.com x.comÂ
Satellogic has much higher upside than Planet Labs, with an inflection point likely later this year when it launches its Merlin satellites. Replying to @Kaizen_Investor's Planet Labs deep dive, Satellogic is the preferred name between the two. x.comÂ
Space stocks are turning bullish as oversold names that never stopped executing regain momentum, led by AST SpaceMobile, Rocket Lab and flyExclusive. AST launched BlueBird and began direct-to-cell service in Japan, and Rocket Lab landed a roughly $400M award. AmpliTech's multi-sector exposure is overlooked, and CPS Technologies is a bottleneck play for 2027; Satellogic, Velo3D and Voyager also fit. The SpaceX unlock overhang is only partly gone, so re-entry should wait. x.comÂ
Planet Labs holding its gains in a psychotic market is remarkable, and it should go much higher once conditions normalize. It has delivered four monster earnings reports in a row and never broke its 10-week moving average. x.comÂ