The company was founded by CEO Emiliano Kargieman, who previously founded Core Security Technologies and came up with the vision for Satellogic while attending Singularity University in 2010. Describing existing satellite technology as “archaic,” Kargieman said he wants to launch a network of hundreds of satellites in Low Earth orbit that will allow customers to get “an image of any place on Earth in high resolution and in real time.”
That’s an ambitious vision, and Satellogic certainly has quite a bit to do before then. This satellite, dubbed Tita, is the first one that the company has launched with high resolution imaging capabilities, Kargieman said. However, the plan is to “freeze” the design of the satellites soon and get more ambitious about launching them, with 10 to 15 launches on the timeline for 2015.
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