Satellogic Inc. (NASDAQ:SATL) is one of the fastest-growing ******* e stocks to buy now. On June 2, Investing.com reported that Satellogic was seeing Merlin pre-sales contribute to its backlog and pipeline beyond its initial anchor customer, ahead of the first Merlin satellite launch planned for October 2026. Merlin is intended to move customers from task-based imagery toward daily global awareness at one-meter resolution, giving the company a clearer path to recurring demand as each new satellite adds capacity to its existing Earth-observation fleet.The product update fits Satellogic's recent growth profile. On May 11, the company reported first-quarter 2026 revenue of $6.1 million, up 80% year over year, driven by higher imagery demand from new and existing Data & ******* ytics customers. Satellogic also generated positive operating cash flow for the first time as a public company and ended the quarter with $121.9 million in cash. The growth base is still small, but Merlin gives Satellogic a near-term commercial catalyst.
Satellogic Inc. (NASDAQ:SATL) provides high-resolution Earth-observation satellite imagery, geospatial data, ******* ytics, and related ******* e systems for government and commercial customers.While we acknowledge the potential of SATL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.