shares of satellogic inc which uses satellites to map the earth jumped on its first day of trading under the satl ticker following a merger with a blankcheck company from cantor fitzgerald the stock rose by as much as 69 to 925 per share after the close of the transaction the company which was founded by argentines is looking to use the proceeds of the deal to expand its satellite network to more than 300 by 2025 its founder emiliano kargieman said in july