Matthew Tirman
About Matthew Tirman
Matthew Tirman, age 45, is President of Satellogic (appointed effective August 1, 2023) and previously served as Chief Commercial Officer after joining the company in 2021; he brings 20+ years of technology and aerospace experience across U.S. government and international markets . He holds a master’s degree in Defense and Security from Lancaster University and a BS in Political Science from East Carolina University; his government experience includes service as an analyst on cooperative R&D and as a speechwriter for senior military leadership in Washington, D.C. and Baghdad . As President, he leads operational execution of Satellogic’s strategy and business plan .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Descartes Labs | Head of Government | — | Led revenue growth and customer delivery across defense and intelligence clients |
| PlanetRisk | Chief Commercial Officer | — | Delivered enterprise geospatial risk analytics and customized big data solutions to Global 1000 customers |
| Access Global (founder) | Chief Executive Officer | — | Led consulting engagements for executive management, sales, and business development across EMEA and Asia |
| Strategic Social | Vice President & Managing Director | pre-2014 | Helped grow the firm to >$40 million annual revenue before sale to Constellis in 2014 |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| U.S. Department of Defense | Analyst (cooperative R&D); Speechwriter | — | Supported cooperative R&D and senior military leadership communications (Washington, D.C. and Baghdad) |
Fixed Compensation
| Metric | 2023 | 2024 | 2025 (approved/target) |
|---|---|---|---|
| Base Salary ($) | $348,012 | $420,000 | $420,000 |
| Target Bonus ($) | — | — | $187,500 |
| All Other Compensation ($) | $28,019 (includes relocation reimbursements and 401(k) match) | $12,929 (includes relocation reimbursements) | — |
| Total Compensation ($) | $556,231 | $843,054 | — |
Performance Compensation
Equity Awards (RSUs)
| Grant | Grant Date | Shares Granted (#) | Grant-Date Fair Value/Price | Vesting Schedule | Notes |
|---|---|---|---|---|---|
| Annual RSU (2023) | Aug 9, 2023 | 101,236 | $1.78 per share | Quarterly: Dec 20, 2023 (25,309); Mar 20, 2024 (12,654); Jun 20, 2024 (12,654); Sep 20, 2024 (12,654); Dec 20, 2024 (12,654); remainder vests quarterly Mar–Jun 2025 | Time-based vesting |
| Annual RSU (2024) | Jun 7, 2024 | 372,841 | $1.10 per share | Quarterly: Jun 20, 2024 (23,302); Sep 20, 2024 (23,303); Dec 20, 2024 (23,302); remainder vests quarterly Mar 20, 2025–Mar 20, 2028 | Time-based vesting |
| Annual RSU (2025) | Jun 2025 | 169,492 | $600,000 grant value | Quarterly Sep 20, 2025–Jun 20, 2029 | Time-based vesting |
Options
| Grant Date | Exercisable (#) | Unexercisable (#) | Exercise Price ($) | Expiration | Vesting Details |
|---|---|---|---|---|---|
| Feb 1, 2021 | 136,826 | 7,036 | $1.27 | Feb 2, 2031 | 42,216 vested Feb 1, 2022; ~3,518 vested monthly through Feb 1, 2025 |
Annual Cash Incentive
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Annual Cash Bonus (2025) | — | $187,500 | — | — | N/A |
RSU award agreements provide accelerated vesting upon death or disability, if RSUs are not assumed in a change in control (single trigger), or upon termination without cause in connection with or within 12 months following a change in control (double trigger) .
Equity Ownership & Alignment
| Metric | Dec 31, 2024 | Oct 15, 2025 |
|---|---|---|
| Class A Common Shares Beneficially Owned (#) | — | 119,524 (less than 1% of Class A) |
| Options – Exercisable (#) | 136,826 | — |
| Options – Unexercisable (#) | 7,036 | — |
| Unvested RSUs (#) | 25,311 (2023 grant) | — |
| Unvested RSUs (#) | 302,934 (2024 grant) | — |
| Market Value of Unvested RSUs ($) | $72,136 (2023 grant, $2.85/share) | — |
| Market Value of Unvested RSUs ($) | $863,362 (2024 grant, $2.85/share) | — |
- Anti-hedging/anti-pledging: Directors and certain senior officers are prohibited from pledging Satellogic securities as collateral or engaging in hedging transactions (short sales, options positions, etc.) under the Insider Trading Compliance Policy .
- Plan-level restrictions: RSUs may not be sold, transferred, pledged, or otherwise encumbered prior to vesting, except limited permitted