BlackSky Wins $14 Million in Orders to Monitor Critical Global Economic Activity

Multiple Q3 2022 awards validate growing demand for BlackSky’s real-time dynamic monitoring capabilities

HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) has received a combined total of $13.8 million of orders to date within the first year of a five-year National Geospatial-Intelligence Agency (NGA) contract to monitor global economic activity.

“These awards underscore the growing demand for commercial real-time, AI-driven monitoring services that reveal economic activity at manufacturing hubs, major maritime ports, and airports around the world,” said Dr. Patrick O’Neil, BlackSky chief innovation officer. “BlackSky’s on-demand dynamic monitoring platform provides decision makers with actionable subscription-based insights on relevant global economic indicators at unprecedented speed and scale.”

Since winning the first order, BlackSky’s dynamic monitoring platform has collected thousands of observations over critical sites worldwide and demonstrated the ability to scale the quantity of observations to meet customer demand.

“BlackSky’s Spectra AI platform for multi-source analytics and satellite imagery collection gives customers direct access to high revisit, dawn-to-dusk imaging and analytics that seamlessly integrate into the existing GEOINT workflows,” O’Neil added.

Competitively procured, the orders are part of a five-year Indefinite-Delivery/Indefinite-Quantity (IDIQ) NGA contract announced in September 2021 to monitor global economic activity.

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.

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