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Satellogic launches first Merlin satellite; shares jump

By Reuters News15:37 (UTC), 2 October 2026 Updated

** Geospatial intelligence firm Satellogic SATL.O shares rise 6% to $5.77

** Co says Merlin.01, two NewSat Mark VIs and one NewSat Mark V launched from Vandenberg aboard a SpaceX Falcon 9 on Oct 1

** Satellites entered sun-synchronous low-Earth orbit and reported good health after ground-station contact

** Co targets full operational capacity for Merlin in H2 2027

** Including session's move, SATL shares more than tripled YTD

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