BlackSky Wins Expanded Seven-Figure Gen-3 Assured Contract with International Defense Partner

Demand for BlackSky’s premier real-time intelligence service drove rapid twofold increase in customer’s subscription in less than six months

HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) won an expanded seven-figure Gen-3 Assured contract with an international defense partner. Demand for BlackSky’s premier real-time intelligence service in one of the world’s most demanding and contested regions drove a rapid twofold increase in the customer’s subscription in less than six months. Designed for mission readiness, Assured empowers customers to monitor and secure borders, counter UAV threats and protect forces with confidence in times of conflict.

“This expansion exemplifies the type of accelerated adoption of Gen-3 and our Assured services among our international customers as they experience the game-changing performance in their day-to-day tactical ISR operations, reflecting positive momentum in our land-and-expand strategy and the highly differentiated value of our combined offerings,” said Brian O’Toole, BlackSky CEO. “Assured offers unmatched guaranteed collection commitments to provide an industry-leading, real-time intelligence capability with superior clarity for mission critical decision advantage.”

The initial contract began as a small Gen-2 pilot that quickly grew into a large annual Gen-3 Assured subscription, delivering committed tasking and predictable collection continuity over the customer’s designated areas of interest. This latest agreement expands the customer’s Assured access that combines the high-cadence, time-diverse revisit rates of Gen- 2 with the best-in-class 35cm resolution of Gen-3 imagery to maintain persistent, uninterrupted situational awareness across any theater.

With speed and precision as chief elements informing mission success, Gen-3's enhanced image clarity improves AI-enabled detection, identification and classification for a wide array of vehicles, aircraft, vessels and other objects of tactical relevance. Customers can incorporate Gen-2 and Gen-3 data seamlessly and securely into their current workflow through BlackSky Spectra®. This advanced fully automated architecture enables sustained dynamic monitoring operations over multiple locations and rapid collection of low-latency, very high-resolution imagery in response to localized, swiftly evolving events.

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.