PARIS — Startup geospatial imagery service provider and satellite seller Satellogic is counting on a change in headquarters to the United States this year to unlock U.S. government business, generating revenue to allow the company to pursue its business plan.
British Virgin Islands-based Satellogic will then be subject to the reporting requirements, and the additional costs, of a publicly traded U.S. company.
The company reported $23.5 million in cash as of Dec. 31, insufficient to finance the operating activities planned for this . . .
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