HERNDON, Va. (February 13, 2024) — BlackSky Technology Inc. (NYSE: BKSY) won multi-year contracts that include Assured access to subscription-based low-latency, high-cadence imagery and AI-enabled analytics services. The deals also include the delivery of one high-resolution Earth observation satellite and launch support operations and on-orbit maintenance services. These contracts have a combined eight-figure value.
“Contributing to the development of India’s commercial Earth observation capabilities is an immense honor, and we look forward to supporting our customer’s upcoming launch and on-orbit operations. BlackSky’s combined offering will provide India immediate foresight into critical events impacting the nation as it continues to expand its sovereign space capabilities over the next few years,” said Brian O’Toole, BlackSky CEO.
“The customer has taken an innovative two-part adoption approach toward accelerating its space-based monitoring capabilities by first taking advantage of our commercially operated model for on-orbit sensor systems, while simultaneously activating a Spectra® subscription, which provides immediate access to BlackSky’s high-resolution, low-latency imagery and AI-enabled analytics services,” said Brian O’Toole, BlackSky CEO.
With subscription-based Assured access to BlackSky’s current high-cadence, real-time imagery and analytics services, the customer has guaranteed access and first-priority tasking capacity over their national and regional areas of interest. Once operational, the high-resolution, electro-optical satellite will work in parallel to BlackSky’s dynamic monitoring constellation to deliver mission-relevant insights at industry-leading speeds.
About BlackSky
BlackSky is a real-time, space-based intelligence company that delivers on-demand, high frequency imagery, analytics, and high-frequency monitoring of the most critical and strategic locations, economic assets, and events in the world. BlackSky owns and operates one of the industry’s most advanced, purpose-built commercial, real-time intelligence systems that combines the power of the BlackSky Spectra® tasking and analytics software platform and our proprietary low earth orbit satellite constellation. With BlackSky, customers can see, understand and anticipate changes for a decisive strategic advantage at the tactical edge, and act not just fast, but first. BlackSky is trusted by some of the most demanding 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.
Source: BlackSky
