The Borrower has the ability to issue additional Secured Convertible Notes, provided the aggregate principal amount outstanding does not exceed .The proceeds from Tethers investment in will help advance our mission as we continue to focus on our strategy, the National Security market, and our global Space Systems opportunities, said Emiliano Kargieman, CEO & Founder of .This new facility will provide necessary funding as we look to continue expanding in 2024, added , CFO of .The Secured Convertible Notes initially bear interest at a rate of SOFR plus 6.50% per annum, subject to an additional 4.0% per annum if certain events of default occur and are continuing. In connection with a change of control of the Company (including delisting of the Companys Class A Ordinary Shares), the holder has the right to require the Borrower to repurchase the Secured Convertible Notes for cash at a price equal to the greater of (a) 105% of the redemption value of the Secured Convertible Notes and (b) 105% of the then-prevailing conversion value, plus accrued but unpaid interest thereon, as well as any other amounts owed (the Put Price). By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.To learn more, please visit: https://tether.to/en/Founded in 2010 by Emiliano Kargieman and , (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.Satellogics mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the worlds most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.With more than a decade of experience in space, has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.To learn more, please visit: https://satellogic.comThis press release contains forward-looking statements within the meaning of the federal securities laws.