# If Satellogic moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/satellogic · Facet: ripple · Updated: 2026-11-02T16:03:57.388+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Satellogic is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 6 companies within two hops; the links are backed by 21 dated sources, 2 of them primary filings (as of 2026-11-02).

Satellogic is up 75.7% through November 2, 2026 after falling 34.4% in 2025. Launching the first Merlin and three NewSats reduced schedule risk, but Merlin remains in commissioning and full service is targeted for H2 2027. On the demand side, $15.9M of Q2 revenue and HEO's new three-year agreement through 2029 improve recurring-revenue quality. The HEO contract carries a seven-figure minimum commitment in each year and follows more than 1,600 captures in the latest year, confirming usage growth after the earlier satellite sale. Upstream, $0.2M of H1 Officina Stellare purchases and a $0.6M payable verify procurement, while Officina's own disclosure says it has supplied telescopes since 2016. Yet the stock retraced from +104.8% on October 23 to +75.7%, and Officina does not disclose revenue attributable to Satellogic. Supplier-level customer revenue is still needed to confirm operating transmission.

## Supply chain (benefiting)
- T1 SpaceX (https://valuechain.wiki/spacex.md)
- T2 STMicroelectronics (https://valuechain.wiki/stmicroelectronics.md)
- T3 Wolfspeed (https://valuechain.wiki/wolfspeed.md)
- T3 Synopsys (https://valuechain.wiki/synopsys.md)
- T3 Cadence Design Systems (https://valuechain.wiki/cadence.md)
- T3 Cohu (https://valuechain.wiki/cohu.md)
- T2 EchoStar Corporation (https://valuechain.wiki/echostar.md)
- T3 T-Mobile US, Inc. (https://valuechain.wiki/t-mobile-us.md)
- T3 AT&T Inc. (https://valuechain.wiki/at-t.md)
- T1 Palantir Technologies (https://valuechain.wiki/palantir.md)
- T2 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T3 Micron Technology (https://valuechain.wiki/micron.md)
- T3 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T3 Siemens EDA (https://valuechain.wiki/siemens-eda.md)
- T3 TSMC (https://valuechain.wiki/tsmc.md)
- T3 Coherent (https://valuechain.wiki/coherent.md)
- T3 Monolithic Power (https://valuechain.wiki/monolithic-power.md)
- T3 Kioxia (https://valuechain.wiki/kioxia.md)
- T3 ASE Technology (https://valuechain.wiki/ase.md)
- T3 Nan Ya PCB (https://valuechain.wiki/nanya-pcb.md)
- T3 Arm Holdings (https://valuechain.wiki/arm.md)
- T3 Unimicron (https://valuechain.wiki/unimicron.md)
- T3 Advantest (https://valuechain.wiki/advantest.md)
- T3 Teradyne (https://valuechain.wiki/teradyne.md)
- T3 LG Innotek (https://valuechain.wiki/lg-innotek.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Lumentum (https://valuechain.wiki/lumentum.md)
- T3 Fabrinet (https://valuechain.wiki/fabrinet.md)
- T3 Eoptolink (https://valuechain.wiki/eoptolink.md)
- T3 Keysight Technologies (https://valuechain.wiki/keysight.md)
- T3 Amphenol (https://valuechain.wiki/amphenol.md)
- T3 Corning (https://valuechain.wiki/corning.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 ABB (https://valuechain.wiki/abb.md)
- T3 Murata Manufacturing (https://valuechain.wiki/murata.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 onsemi (https://valuechain.wiki/onsemi.md)
- T3 BlackRock (https://valuechain.wiki/blackrock.md)
- T3 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T3 MediaTek (https://valuechain.wiki/mediatek.md)
- T3 BYD Electronics (https://valuechain.wiki/byd-electronics.md)
- T3 Wistron (https://valuechain.wiki/wistron.md)
- T3 Pegatron (https://valuechain.wiki/pegatron.md)
- T3 Samsung Electro-Mechanics (https://valuechain.wiki/samsung-electro-mechanics.md)
- T3 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Ibiden (https://valuechain.wiki/ibiden.md)
- T3 Luxshare Precision (https://valuechain.wiki/luxshare.md)
- T3 King Yuan Electronics (KYEC) (https://valuechain.wiki/kyec.md)
- T3 InnoLight (https://valuechain.wiki/innolight.md)
- T3 Delta Electronics (https://valuechain.wiki/delta-electronics.md)
- T3 TE Connectivity (https://valuechain.wiki/te-connectivity.md)
- T3 Digital Realty (https://valuechain.wiki/digital-realty.md)
- T2 Oracle (https://valuechain.wiki/oracle.md)
- T3 AMD (https://valuechain.wiki/amd.md)
- T3 Bloom Energy (https://valuechain.wiki/bloom-energy.md)
- T3 DTE Energy (https://valuechain.wiki/dte-energy.md)

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Full node: https://valuechain.wiki/satellogic.md · JSON: https://valuechain.wiki/satellogic.json