Satellogic shares surge 19.78% intraday after launching Merlin constellation for daily global 1m imaging and reporting 95.88% net loss reduction to $4.78M, strategic shift to global monitoring platform.

Satellogic surged 19.78% intraday, announcing the launch of its Merlin constellation to deliver daily 1-meter-resolution global imagery for defense, government, and commercial monitoring, while reporting a 95.88% reduction in net loss to $4.78 million for 2025 and a strategic shift from Earth observation operator to global monitoring platform.