Every material Form 8-K Satellogic Inc. has filed with the SEC since August 05, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Satellogic's Board approved the appointment of Frank Dixon Whitworth III as President, effective September 7, 2026. Whitworth is a retired U.S. Navy Vice Admiral who served as Director of the National Geospatial-Intelligence Agency from June 2022 until his retirement in December 2025, and he has been a strategic advisor to the company since March 2026. His offer letter sets out pay and severance terms, which shareholders can review in the 10-Q filing for the period ending September 30, 2026.
Board approved the appointment on September 4, 2026, effective September 7, 2026.
Offer letter provides a $400,000 annual base salary and a $240,000 target annual performance bonus.
First-year restricted stock unit grant has a grant date value of $1,875,000, vesting quarterly over five years.
If terminated without cause outside a change of control, he receives six months of base salary, a prorated bonus and some equity acceleration.
Satellogic appointed Dustin Greer, its Senior Vice President and Corporate Controller since 2022, as Interim Chief Financial Officer, effective immediately, and he will also serve as principal accounting officer. The filing does not state why the prior CFO role changed, and it reports no new compensation arrangement with Mr. Greer tied to the appointment.
Dustin Greer appointed Interim CFO effective August 21, 2026, and also serves as principal accounting officer
Greer, age 47, has been Senior Vice President and Corporate Controller since 2022
Filing states no material plan, contract or arrangement was entered into or amended in connection with the appointment
Satellogic reported second-quarter 2026 revenue of $15.9 million, up 259% from $4.4 million a year earlier, and its first quarter of positive operating income, at $0.3 million. The net loss widened to $20.0 million from $6.7 million, mainly because of a $19.7 million non-cash charge tied to changes in the fair value of financial instruments, which the company says does not reflect underlying operations.
Revenue was $15.9 million, up from $4.4 million; Space Systems contributed $8.8 million and Data & Analytics $7.1 million.
Operating income was $0.3 million, compared with an operating loss of $6.3 million a year earlier.
Net loss was $20.0 million, including a $19.7 million non-cash fair value charge; adjusted EBITDA was positive $2.8 million.
Cash and cash equivalents were $112.8 million at June 30, 2026; secured convertible note principal fell to $18.0 million after a $12.0 million conversion.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Satellogic Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →