STOCK TITAN

BlackSky Gen-3 Momentum Continues with Seven-Figure Assured Contract to Accelerate Space Capabilities for International Defense Customer

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

Key Terms

ai-enabled analytics technical
AI-enabled analytics are computer tools that use artificial intelligence to sift through large amounts of data, spot patterns, make predictions and present insights in a clear way—like a smart assistant that quickly sorts and highlights the most important items in a crowded inbox. For investors this matters because it can speed decision-making, reveal risks or opportunities that humans might miss, and potentially improve forecasting, efficiency and competitive advantage.
electro-optical technical
Electro-optical describes devices and technologies that convert between electrical signals and light or that use light controlled by electricity—think of them as translators between electricity and beams of light. Investors care because these technologies power items like high-speed communications, imaging systems, sensors and targeting equipment; improvements can open new markets, raise product value and affect revenue and competitive position much like a faster engine can change a car maker’s sales.
intelligence, surveillance and reconnaissance technical
Intelligence, surveillance and reconnaissance (ISR) are the activities and systems used to gather information about people, places and events—like a combination of watching with cameras and sensors, collecting clues, and making sense of them to know what is happening or likely to happen. Investors care because ISR drives demand for specialized equipment, software and services and affects national security spending and risk assessments; companies involved can see steady contracts, technology-driven growth, or heightened scrutiny depending on geopolitical developments.
ground station technical
A ground station is a land-based facility with antennas and equipment that sends commands to, receives data from, and tracks satellites or other space vehicles. For investors it matters because ground stations are the critical link that turns space assets into usable services—like a network of cell towers for satellites—so their location, capacity, reliability and regulatory status affect revenue potential, costs, coverage and business risk.

Assured agreement extends uncontested access to Gen-2 and Gen-3 imagery and AI-enabled analytics services over country’s priority areas of interest

HERNDON, Va.--(BUSINESS WIRE)--

BlackSky Technology Inc. (NYSE: BKSY) Gen-3 international momentum continues with a seven-figure Assured contract supporting an international defense customer. This Assured agreement extends the uncontested access to Gen-2 and Gen-3 imagery and AI-enabled analytics services over the country’s priority areas of interest.

“BlackSky’s customers are selecting Assured because of the unmatched confidence and certainty they experience with the highest-priority access to tasking capacity and reliable real-time delivery over their key areas of operation,” said Brian E. O'Toole, BlackSky CEO.

“BlackSky’s dynamic monitoring services have become an essential and routine part of our customers’ daily workflow, providing unprecedented visibility into critical maritime zones, border areas and infrastructure at mission speed. This contract signifies BlackSky’s continued commitment to support the customer’s requirements for persistent, dynamic space-based intelligence in an era where threats emerge and evolve in real time,” said O’Toole.

In addition to Assured, BlackSky continues to support the customer’s defense modernization efforts by accelerating their sovereign space capabilities through an end-to-end mission solutions offering that includes Gen-3 Earth observation satellites, ground station capabilities and flight operations support. Assured provides early intelligence, surveillance and reconnaissance capabilities for the customer until their satellite systems enter operation. Once on orbit, the Gen-3 electro-optical satellites will work in parallel to BlackSky’s constellation and enable the delivery of mission-relevant insights seamlessly into the customer’s workflow at industry-leading speeds.

BlackSky is leveraging its full technology stack of vertically integrated satellite manufacturing, software and AI solutions to meet global customer demand for guaranteed access to data, when and where customers need it, through On-Demand and Assured subscriptions and full sovereign mission solutions. Gen-3's enhanced image clarity expands AI-enabled detection, identification and classification for a wide array of vehicles, aircraft, vessels and other objects of tactical relevance. BlackSky’s vertically integrated approach enables the company to quickly develop, produce and deploy reliable space-based intelligence solutions at disruptive speed, scale and economics.

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. To learn more, visit www.blacksky.com and follow us on X.

Forward-Looking Statements

Certain statements in this press release may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect our expectations, plans, or forecasts of future events and views as of the date of this communication. We anticipate that subsequent events and developments will cause their assessments to change. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Additional risks and uncertainties are identified and discussed in BlackSky’s disclosure materials filed from time to time with the SEC which are available at the SEC’s website at http://www.sec.gov or on BlackSky’s Investor Relations website at https://ir.blacksky.com.

Investor Contact

Aly Bonilla

VP, Investor Relations

abonilla@blacksky.com

Media Contact

Pauly Cabellon

Sr. Director, External Communications

bksypr@blacksky.com

Source: BlackSky Technology Inc.

Blacksky Technology Inc

NYSE:BKSY

BKSY Rankings

BKSY Latest News

BKSY Latest SEC Filings

BKSY Stock Data

819.19M
32.78M
8.53%
56.91%
16.98%
Specialty Business Services
Radio & Tv Broadcasting & Communications Equipment
Link
United States
HERNDON