High-Resolution Data From Space
The open and free dissemination of geospatial data via way of satellite imagery will have positive repercussions for humanity, there’s little argument on that point. Not only will this open access benefit governments but will also pay off immeasurably for such verticals as agriculture, forestry services, energy, and finance.
Yet that’s not everything: the climate and environment are set to benefit too with temperatures rising from the effects of global warming, which couldn’t come soon enough for some.
That’s why it’s important to gather as much high-resolution data collection from space now, and why Satellogic — a leading provider of high-resolution satellite imagery founded in 2010 by Emiliano Kargieman and Gerardo Richarte — is developing real outcomes for its customers with “daily, actionable, planetary-scale insights [they] can trust.”
Headquartered in Montevideo, Uruguay, its low-Earth-orbit satellite constellation and product platform delivers geospatial data at just the right cost point while, at the same time, making Earth Observation data accessible and affordable to enable better global decision-making.
And with the South American company set to go public after a merger with Cantor Fitzgerald’s blank-check company in a SPAC deal reportedly giving Satellogic an enterprise value of $850 million, giving it the possibility to expand its network of satellites from 17 to more than 300 by 2025, according to a Bloomberg report in the summer, that puts Kargieman and Richarte in the driving seat.
On the situation, Emiliano Kargieman, Satellogic’s Co-Founder and CEO, said in an interview with Bloomberg: “The merger will allow us to continue building out our constellation of satellites and maintain our position as a global leader in sub-meter imagery.”
For a great vantage view of the Earth and the EO data it provides, the company’s Aleph platform leverages Satellogic’s precious high-frequency, high-resolution satellite imagery of the Earth. Powered by vertically-integrated geospatial analytics, the company’s satellites’ three-year lifecycle allows it to constantly provide up-to-date technology, refreshing one-third of its constellation every year. This, in essence, means the Satellogic has the latest technology in orbit at all times.
This has all been made possible by — not only the hard work and innovation of the founders — but the efforts of the 200 and growing satellite engineers, operators and product specialists that are part of the Satellogic family.
Emiliano Kargieman is the CEO and first of two Co-Founders of Satellogic and has spent the last 25 plus years building technology and technology companies. In 2010, after spending some time at the NASA Ames Campus in Mountain View, he started developing the concepts that would become Satellogic.
Prior to co-founding the firm, Kargieman co-founded Core Security Technologies, where he has served in several operational roles and developed the first automated penetration testing software, earning the loyalty of clients such as Apple, Cisco, Homeland Security, NSA, NASA, Lockheed Martin, and DARPA.
Previously, Kargieman has independently consulted for several corporations and government agencies. He also started three other technology endeavours and served as a Member of the Special Projects Group at the World Bank.
As the co-founder and Managing Director of venture capital firm Aconcagua Ventures, Kargieman focused on investing in high-tech startups in Latin America to develop them as global businesses. In 2009, he co-founded GarageLab, a problem-solving laboratory based on an innovative multidisciplinary approach involving science, technology, art and business.
Kargieman obtained an MA in Mathematics and Philosophy from the University of Buenos Aires
Kargieman’s partner in crime is Gerardo Richarte, Satellogic’s other Co-Founder, CTO and Chief Information Security Officer. Richarte has run technology labs and led teams to build cutting-edge technology for over 25 years, and was widely recognized for his reverse engineering and security expertise.
“Vertical integration across design, manufacturing, and operations produces efficiencies up and down the value chain, which allows us to reduce intermediary costs, control quality, and scale quickly.”
Before Satellogic, Richarte founded Disarmista, a specialized boutique engineering and reverse-engineering services company. Previously, Richarte co-founded Core Security Technologies, where he has served as R&D Leader and developed the first automated penetration testing software, earning the loyalty of clients such as Apple, Cisco, Homeland Security, NSA, NASA, Lockheed Martin, and DARPA. He has also independently consulted and taught courses for big corporations and government agencies around the world.
Richarte has a background in computer programming, electronics and mathematics.
Prior to reports of the SPAC deal, Satellogic had raised a total of $123.8 million in funding over eight rounds with backing from the likes of Tencent Holdings Ltd., Pitanga Fund and IDB Lab.
With a mission to help solve the world’s most pressing problems with its unique satellite imagery and geospatial data, Satellogic is definitely on the way to “democratizing access to critical geospatial data.”