Update: Satellogic Shares Rise After Launching Merlin Satellite Into Low-Earth Orbit

02:28 PM EDT, 10/02/2026 (MT Newswires) -- (Updates with the stock movements in the headline, first and last paragraphs.) Satellogic (SATL) shares rose 6.2% in Friday trading after the company successfully launched its first Merlin.01 and three NewSat satellites aboard a SpaceX (SPCX) Falcon 9 from Vandenberg Space Force Base in California on Thursday. Merlin.01 is now in its launch and early orbit phase, with payload testing and commissioning expected to begin in mid-October, the company said. The Merlin constellation is on track for full operational capacity in H2 of next year, the company said. SpaceX shares rose 7.2%. Price: 5.75, Change: +0.33, Percent Change: +6.00