Satellogic Welcomes Kelly Kennedy to Board of Directors

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Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data, is pleased to announce the appointment of Kelly Kennedy to its Board of Directors and as chair of the board’s Audit Committee, effective September 3, 2024. Kelly Kennedy, a seasoned financial executive with over 30 years of experience in finance, operations, and strategic growth, brings a wealth of expertise that will be valuable as she helps to guide Satellogic’s leadership team as an independent board member.

Ms. Kennedy is currently serving as Chief Financial Officer for Willow Innovations and has held key financial leadership roles at The Honest Company, Bartell Drug Company, and Annie’s Inc, among others. She also brings valuable board experience from her roles at Vital Farms, RAD Power Bikes, and GoodRx. Ms. Kennedy's deep understanding of the financial services sector, combined with her operational acumen, positions her as a valuable addition to Satellogic’s board.

"We are thrilled to welcome Kelly Kennedy to our Board of Directors," said Emiliano Kargieman, CEO of Satellogic. "Kelly's track record of driving financial performance and strategic growth will be invaluable as we expand our capabilities and continue to deliver unparalleled Earth Observation data to our customers worldwide."

Satellogic is also announcing that Brad Halverson has retired from his position on the Board of Directors and chair of the Audit Committee, effective September 3, 2024. Mr. Halverson, who served as a board member since 2022, brought significant financial and operational leadership to the company, drawing on his extensive experience at Caterpillar Inc., where he served as Group President and Chief Financial Officer. During his tenure at Satellogic, Mr. Halverson provided invaluable insights that helped shape our strategic direction and financial planning.

"We extend our deepest gratitude to Brad for his service and contributions to Satellogic," added Kargieman. "Brad’s leadership and experience have been instrumental in guiding Satellogic through key phases of growth and development. We wish him the best in his future endeavors."

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