Company: SATLW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001628280-25-014951
Chunk: 104

Company: Satellogic Inc.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 104
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, verification of the parties with whom we contract at an entity and individual level. 

Interagency Review

The review and approval of any license discussed above, as may be required, will be subject to interagency reviews that allow multiple government agencies including the U.S. Department of Commerce, U.S. Department of State, U.S. DoD, NASA, and others. The purpose of this interagency review is to examine such license applications from each agency’s respective perspective including but not limited to safety, operational, national security, foreign policy and international obligations, as well as review of foreign ownership.

Other Potential Future U.S. Regulation

As we grow our U.S. business and to the extent we become a U.S. governmental contractor, our business will be subject to various additional U.S. regulation and related requirements, including but not limited to (1) the Defense Federal Acquisition Regulation Supplement and the U.S. DoD and federal cybersecurity requirements, in connection with any defense work we perform in the future for the U.S. government and defense prime contractors, (2) the National Industrial Security Program Operating Manual administered by the U.S. Defense Counterintelligence and Security Agency, and other U.S. government security protocols when accessing sensitive information, (3) maintaining national security clearance and mitigation elements under the National Industry Security Program and agreement with the U.S. DoD regarding any appropriate FOCI mitigation arrangement with respect to our U.S.-based subsidiary and (4) conducting routine investigations and reviews relating to compliance with various U.S. laws and regulations, including those associated with organizational conflicts of interest, procurement integrity, bid integrity and claim presentation, among others.

21

Organizational Structure

We are a holding company. The following diagram shows our ownership and structure (1):

(1)All lines represent 100% ownership unless otherwise indicated. 

Subsidiaries of the Group as of March 14, 2025:

NamePrincipal activitiesCountry ofincorporationUrugus S.A.Manufacturing, assembly, integration, test and exportsUruguayNettar GroupIntermediate holding companyB.V.I.Nettar S.A.Intermediate holding companyUruguayTelluric Ltd.Research and development (Company is in the process of winding down this entity)IsraelSatellogic V. Inc.Intermediate holding companyUnited StatesSatellogic USA, Inc. (1)Finance, sales and marketing, product strategy, business development and customer deliveryUnited StatesSatellogic S.A. (2)Research and development, administration, back office services (account