BlackSky Presses International Momentum with Back-to-Back Contracts for Legacy Ministry of Defense Customer
October 25 2023 - 7:30AM
Business Wire
Combined pursuits will maintain assured access
to real-time imagery and analytics and explore future multi-sensor
space capabilities
BlackSky Technology Inc. (NYSE: BKSY) won two back-to-back
contracts from a legacy international defense ministry customer to
continue on-demand, real-time high-frequency imagery and analytics
services and conduct research on future multi-sensor space
capabilities.
“BlackSky has built an unparalleled space-based intelligence
platform that pushes the strategic advantage of foresight to the
tactical edge within this customer’s region of interest on a daily
basis,” said Brian O’Toole, BlackSky CEO.
“With the confidence of secure, low-latency tasking-to-delivery
of high-resolution imagery and analytics, our customers can call on
strategic space assets to inform live operations across the full
spectrum of military missions in their area of interest,” O’Toole
added.
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.
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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. The BlackSky Spectra® 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 X (formerly Twitter).
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20231025178747/en/
Investor Contact Aly Bonilla VP, Investor Relations
abonilla@blacksky.com Media Contact Pauly Cabellon Director,
External Communications pcabellon@blacksky.com
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