BlackSky Wins Approximately $6M Contract Expansion With Legacy International Defense Sector Customer For Assured, High-Frequency Satellite Imagery Services
Herndon, VA (BUSINESS WIRE) - BlackSky Technology Inc. (NYSE: BKSY) won an approximately $6 million contract expansion from an international defense sector customer, bringing the total annual commitment to nearly $18 million, for subscription-based Assured access to Gen-2, high-cadence, low-latency imagery services.
“BlackSky is setting new standards for space-based intelligence operations as a trusted mission partner to the most demanding defense and intelligence customers in the world,” said Brian O’Toole, BlackSky CEO.
“We have established a new era of real-time monitoring where our current Gen-2 rapid-revisit capabilities add a level of reliable persistence and transparency over critical areas of interest. This contract renewal is a testament that our unique rapid-revisit capabilities are meeting market demand,” said O’Toole.
BlackSky’s Assured access customers worldwide task and receive thousands of high-resolution images and analytics over priority areas of interest every month, gaining visibility and insight into border crossings, nuclear and port facilities, and other critical national security and economic infrastructure at massive scale.
"We continue to see international customers lead the way by activating immediate space-based intelligence capabilities through BlackSky’s software-first adoption model,” said O’Toole.
“When BlackSky brings advanced Gen-3 capabilities to market, we will close the traditional gap between spatial and temporal resolution,” O’Toole said. “We expect that many of our current international Assured customers will be among the first to seamlessly incorporate very high-resolution 35 cm imagery and sub-hourly revisit and delivery timelines into their workflows as those capabilities become available.”
About BlackSky
BlackSky is a leading provider of real-time geospatial intelligence. BlackSky delivers on-demand, high frequency imagery, monitoring and analytics of the most critical and strategic locations, economic assets, and events in the world.
BlackSky designs, owns and operates one of the industry’s leading low earth orbit small satellite constellations, optimized to capture imagery cost-efficiently where and when our customers need it. BlackSky’s Spectra AI software platform processes data from BlackSky’s constellation and from other third-party sensors to develop the critical insights and analytics that our customers require.
BlackSky is relied upon by U.S. and international government agencies, commercial businesses, and organizations around the world. BlackSky is headquartered in Herndon, VA, and is publicly traded on the New York Stock Exchange as BKSY. To learn more, visit www.blacksky.com and follow us on X (formerly Twitter).
Forward-Looking Statements
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