Satellogic Inc. · NASDAQ:SATL
Satellogic — LD Micro Virtual Invitational XII (June 2022)
26 slides from Satellogic's conference presentation, June 2022
Slide 1: LD Micro Virtual Invitational XII
LD MICRO VIRTUAL INVITATIONAL XII JUNE 2022 Rick Dunn 1
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER Disclaimers and Other Important Information This presentation (this “Presentation”) was prepared solely by, and is being provided by, Satellogic Inc. (“Satellogic” or the “Company”) for informational purposes only. By reviewing or reading this Presentation, you will be deemed to hav
Slide 3: Legal Disclaimer: Use of Projections
LEGAL DISCLAIMER Use of Projections This Presentation contains projected financial information with respect to Satellogic. Such projected financial information constitutes forward-looking information and is for illustrative purposes only and should not be relied upon as necessarily being indicative
Slide 4: In an increasingly complex and volatile world, being prepared for the challenges
In an increasingly complex and volatile world, being prepared for the challenges of tomorrow requires a new way to look 4
Slide 5: Satellogic's mission is to be the information platform solving Earth's greatest challenge
SATELLOGIC’S MISSION IS TO BE THE INFORMATION PLATFORM SOLVING EARTH’S GREATEST CHALLENGE FOOD SUPPLY ENERGY SUPPLY WATER SUPPLY CLIMATE CHANGE IMMIGRATION Crop detection, Infrastructure and Watershed monitoring, Planetary health Border control, maturity and health, production monitoring water quali
Slide 6: The current category is broken
THE CURRENT CATEGORY IS BROKEN Terrestrial methods of obtaining Earth Observation Earth Observation satellite data has had limited imagery have a number of critical shortcomings commercial applicability to date DEFENSE & INTELLIGENCE OTHER SMALL SATELLITES LONG LEAD HIGH CANNOT CANNOT MANUALLY HIGH
Slide 7: Satellogic is creating a searchable Earth
SATELLOGIC IS CREATING A SEARCHABLE EARTH GLOBAL DAILY UPDATED REMAPPING OF CATALOG OF EVERY SQFT EVERYTHING ON EARTH Object Identification Scene Classification Predictive Models Change Tracking Driving better decision-making across industries to unlock a $140Bn+ TAM 1 Based on full constellation of
Slide 8: Focused on solving the high cost and technological constraints of Earth observation
SATELLOGIC IS FOCUSED ON SOLVING THE HIGH COST AND TECHNOLOGICAL CONSTRAINTS OF EARTH OBSERVATION Resolution Frequency Pricing 8
Slide 9: Unmatched unit economics and superior quality
OUR UNMATCHED UNIT ECONOMICS AND SUPERIOR QUALITY ALLOW SATELLOGIC TO DELIVER THE RIGHT PRODUCT AT THE RIGHT PRICE FOR THE RIGHT CUSTOMER 60-120X BETTER UNIT ECONOMICS Multispectral Camera <1-m Resolution 10X LOWER CAPITAL EXPENDITURE 10X CAPTURE CAPACITY HIGH RESOLUTION CAPACITY LEADER Hosted Paylo
Slide 10: Satellogic's vertical integration / R&D
SATELLOGIC’S VERTICAL INTEGRATION / R&D Vertical integration enables Satellogic to have shorter R&D cycles, go to market quicker and reduce satellite costs by up to 80% vs. competitors1 VERTICAL INTEGRATION COST REDUCTION $450k bill of materials vs. $10mm Design, manufacturing and / or integration o
Slide 11: Patented optical technology gives Satellogic 10x advantage in capture capacity
PATENTED OPTICAL TECHNOLOGY GIVES SATELLOGIC 10x ADVANTAGE IN CAPTURE CAPACITY Satellogic is the only Barcelona, Spain Louisiana, USA company able to deliver: Multispectral Imaging Hyperspectral Imaging Multispectral Camera <1-m Resolution Hyperspectral Camera Hosted Payload Bay 29-band, 25-m Resolu
Slide 12: Acquisition cost per km2 is lower than competitors
SATELLOGIC’S ACQUISITION COST PER KM2 IS LOWER THAN COMPETITORS $56.07 $52.41 $38.81 Our unmatched unit economics $27.45 allow Satellogic to deliver the right product at the right price $0.46 for the right customer. WorldView-4 Pleiades GEN-2 SkySat NewSat Mark-V 120x+ 110x+ 80x+ 60x+ 1 Fully loaded
Slide 13: Our patented approach is the most capable and affordable option
OUR PATENTED APPROACH IS THE MOST CAPABLE AND AFFORDABLE OPTION Large Spotlight Multiple image Aperture Maneuver postprocessing (e.g. WorldView-4) (e.g. GEN-2) (e.g. SkySat) NewSat Mark-V $835 2 $10 3 $10 4 <$1 680,000 5 29,040 6 26,667 7 300,000+ $56.07 $38.81 $27.45 $0.469 CONSTELLATION CAPEX (REQ
Slide 14: Building a superior capability over Earth observation competitors
SATELLOGIC IS BUILDING A SUPERIOR CAPABILITY OVER EARTH OBSERVATION COMPETITORS At scale, our competitive advantage will allow us to be the first company to deliver high-quality satellite data at near-zero marginal cost. Source: Satellogic internal analysis based on publicly disclosed information an
Slide 15: Go-to-market strategy
GO-TO-MARKET STRATEGY While we grow our constellation of satellites to deliver services to the commercial sector, we will continue to deliver for our Government and D&I customers to help finance our growing constellation 26 SATELLITES 60+ SATELLITES 200+ SATELLITES in operation Weekly world remaps D
Slide 16: Offering and price point expanding the existing government market
SATELLOGIC OFFERING AND PRICE POINT ARE EXPANDING THE EXISTING GOVERNMENT MARKET Today there are many government and D&I customers that are currently priced out of the market CIVIL GOVERNMENT BUDGET FOR EO PROGRAMS, 2018 2024 estimated civil government and defense services 1 Source: Euroconsult addr
Slide 17: Superior sub-meter resolution product to new space competitors
SATELLOGIC HAS A SUPERIOR SUB-METER RESOLUTION PRODUCT TO NEW SPACE COMPETITORS EVER GIVEN container ship blocking the Suez Canal, Egypt Image captured by NewSat-16 Satellogic received gold medal in the NGA Imagery Olympics All pictures were downloaded from companies’ public twitter posts on March 2
Slide 18: Sub-meter resolution product has a massive cost advantage
SATELLOGIC’S SUB-METER RESOLUTION PRODUCT HAS A MASSIVE COST ADVANTAGE OVER COMPETITORS EVER GIVEN container ship blocking the Suez Canal, Egypt Image captured by NewSat-16 : < $1mm : $835mm1 : $425mm3 : 38.5 kg : 2,087 kg2 : 940 kg4 : 3-4 years : 7 years2 : 5 years5 All pictures were downloaded fro
Slide 19: Differentiation unlocks a $140B+ commercial market opportunity
SATELLOGIC’S DIFFERENTIATION UNLOCKS A $140B+ COMMERCIAL MARKET OPPORTUNITY (Cents/km2) $140bn+1 Low The key to unlocking DAILY WORLD Satellogic’s commercial REMAPS DATA COST WEEKLY WORLD market opportunity is: REMAPS NEAR-TERM high resolution OPPORTUNITIES high frequency CURRENT VAS MARKET at the r
Slide 20: Demonstrated use of data in vital commercial applications
SATELLOGIC HAS SUCCESSFULLY DEMONSTRATED THE USE OF ITS DATA IN VITAL COMMERCIAL APPLICATIONS ENERGY AGRICULTURE FORESTRY INFRASTRUCTURE Precision Farming / Infrastructure planning for APPLICATION Oil Pipeline Monitoring Oil Field Monitoring Forestry - tree count Food supply chain renewable energy p
Slide 21: High-resolution global remapping to address commercial applications at near zero marginal cost
WITH HIGH-RESOLUTION GLOBAL REMAPPING, SATELLOGIC WILL BE THE ONLY COMPANY CAPABLE OF ADDRESSING COMMERCIAL APPLICATIONS AT NEAR ZERO MARGINAL COST Sub-meter resolution with high-frequency represents an important threshold where significant commercial applications can be harvested Most applications
Slide 22: Differentiators are key to unlocking the commercial market
SATELLOGIC’S DIFFERENTIATORS ARE KEY TO UNLOCKING THE COMMERCIAL MARKET Leveraging substantial competitive advantages in costs and camera technology for a disruptive new business model 10x capture capacity via proprietary camera technology vs. Continuous Emerging competitors1 capture economies of sc
Slide 23: Key takeaways
KEY TAKEAWAYS Closed Business Combination with CF Acquisition Corp. V on January 25, 2022 and listed on the Nasdaq under “SATL”. Gross Proceeds of ~$262 million and $168 million added to the Balance Sheet High resolution capacity leader with more <1 meter resolution capacity than PL, BKSY, MAXR and
Slide 24: Leadership team: Board of Directors
LEADERSHIP TEAM: BOARD OF DIRECTORS Steven T. Mnuchin General Joseph F. Dunford Jr. Howard Lutnick Bradley Halverson Founder and Managing Partner, Former Chairman of the Chairman and CEO, Former Group President and Liberty Strategic Capital US Joint Chiefs of Staff Cantor Fitzgerald Chief Financial
Slide 25: Recent highlights
RECENT HIGHLIGHTS Largest high resolution constellation in the industry. 26 operational satellites already in orbit. Added 9 satellites to our constellation in the last year. 8 additional satellites are launching in 2022. 34 satellites in orbit by Q1 2023 Earned above industry average results from t
Slide 26: Capital markets summary
CAPITAL MARKETS SUMMARY NEWS RELEASES SATL Nasdaq Listed UPCOMING & PAST EVENTS Geospatial World Forum 2022 The IAF Global Conference on Space for Emerging Countries (GLEC 2022) Locate 2022 ANALYST COVERAGE ESA Living Planet Symposium 2022 26
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