Satellogic to Expand Deal to Provide Satellites for US Office of Naval Research Project

09:01 AM EDT, 09/14/2026 (MT Newswires) -- Satellogic (SATL) has made an expanded agreement with Innovative Defense Technologies in support of the US Office of Naval Research's Slingshot III program, the company said Monday. Financial terms were not disclosed. Under the agreement, Satellogic will conduct a series of on-orbit activities and tests during 2027 and 2028, the company said. The new work expands on Satellogic's role in the Slingshot initiative to support the integration of six new Satellogic NewSat Mark VI satellites into the Slingshot III infrastructure over the next 18 months, the company said. Shares of the company were down over 3% in recent premarket trading Monday.