Satellogic added to Russell 3000 Index
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Satellogic Inc. (NASDAQ: SATL) announced its inclusion in the Russell 3000 Index, effective after market close on June 27, 2025, as part of the 2025 Russell indexes reconstitution.
The Russell 3000 Index is a market-capitalization-weighted index that measures the performance of the 3,000 largest U.S. public companies. Membership in the index provides automatic inclusion in either the large-cap Russell 1000 Index or small-cap Russell 2000 Index, along with appropriate growth and value style indexes.
Satellogic operates as a satellite manufacturing and Earth observation data company. The company was founded in 2010 by Emiliano Kargieman and Gerardo Richarte and describes itself as a vertically integrated geospatial company.
"We are incredibly honored to join the Russell 3000 Index," said Emiliano Kargieman, CEO and Co-Founder of Satellogic. "This inclusion is a testament to our team's dedication, the robust performance of our scalable Earth Observation platform, and our commitment to delivering accessible and affordable insights to customers worldwide."
Russell indexes are used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. The inclusion provides exposure to institutional investors who track or benchmark against Russell indexes.
The information was disclosed in a company press release statement.
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