Provisional Government of Albania

Satellogic Signs Three-Year Agreement with Government of Albania to Access Dedicated Satellite Constellation

Retrieved on: 
Thursday, September 29, 2022
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Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (EO) data collection, announced today that it has reached a three-year agreement with the Government of Albania to develop a Dedicated Satellite Constellation.

Key Points: 
  • Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (EO) data collection, announced today that it has reached a three-year agreement with the Government of Albania to develop a Dedicated Satellite Constellation.
  • This unique program derives from Satellogics Constellation-as-a-Service model and will provide Albania with responsive satellite imagery capabilities across its sovereign territory.
  • Albania will have priority access to two satellites, which will be named Albania-1 and Albania-2, that are expected to join Satellogics fleet in its upcoming satellite launch with SpaceX.
  • With the Dedicated Satellite Constellation, Satellogic will accelerate Albanias participation in the New Space Economy.

TERRAOIL SWISS AG: Terraoil Announces Results of Albanian Government Audit

Retrieved on: 
Tuesday, April 12, 2022
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The audit confirmed total revenues, net of royalties of USD 3.5 million and total operating and capital costs of USD 5.9 million for 2019.

Key Points: 
  • The audit confirmed total revenues, net of royalties of USD 3.5 million and total operating and capital costs of USD 5.9 million for 2019.
  • "Terraoil welcomes the completion of the audit which had been delayed by the AKBN due to the impacts of COVID-19.
  • We expected good results for this audit and are pleased to confirm that only 2.3% of the expenditures incurred were deemed to be ineligible for cost recovery.
  • The forward-looking statements contained in this media release are based on the views and assumptions of Terraoil Swiss AG as of this date and Terraoil Swiss AG does not assume any obligation to update or revise this media release.