BlackSky Secures More Than $30 Million Contract for High-Frequency Imagery Services with International Defense Sector Customer
BlackSky Technology Inc. (NYSE: BKSY) was awarded a multi-year, more than $30 million contract to provide on-demand, real-time high-frequency imagery services to an international defense sector customer.
“BlackSky is an instrumental part of this customer’s day to day operations, improving situational awareness through high-frequency, dawn-to-dusk imagery and AI-driven analytics,” said Brian E. O’Toole, BlackSky CEO. “Built upon years of a well-developed partnership, this contract triples this customer’s demand over the next two years.”
“By securing priority, assured capacity, this contract also demonstrates how customers are ensuring guaranteed access where and when needed for their most important operational needs,” O’Toole continued.
BlackSky delivers thousands of high-resolution images and analytics every month to organizations worldwide, delivering transparency and insights into border crossings, nuclear and port facilities, and other economically critical infrastructure at scale.
“BlackSky is a trusted mission partner to the most demanding customers in the world and this contract reflects the confidence in our high-value imagery and analytics for operational use, and the growing demand for our capabilities that contribute to the bottom line,” said O’Toole.
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 Twitter.
Contacts
Investor Contact
Aly Bonilla
VP, Investor Relations
abonilla@blacksky.com
Media Contact
Pauly Cabellon
Director, External Communications
pcabellon@blacksky.com
