BlackSky Wins Seven-Figure Contract for Advanced Space Domain Awareness Solutions
October 08 2024 - 8:30AM
Business Wire
Deal unlocks use of constellation capacity,
immediately meeting demand for cutting-edge Non-Earth Imagery to
address critical needs in Space Situational Awareness
BlackSky Technology Inc. (NYSE: BKSY) won a seven-figure
contract to deliver non-Earth Imaging (NEI) services to support the
customer’s Space Domain Awareness (SDA) capabilities. As part of
the contract BlackSky will integrate Gen-2 satellite imagery of
on-orbit spacecraft into the customer’s collection of SDA
assets.
“BlackSky’s expansion into SDA unlocks additional value from our
current high-resolution Gen-2 constellation and immediately meets
our customer’s demand for NEI solutions,” said Brian O’Toole,
BlackSky CEO. “Our continued momentum in the NEI space demonstrates
technical agility and a strategic commitment to innovation that
provides reliable, practical value to Space Situational Awareness
operations.”
Space Situational Awareness (SSA) is vital for identifying,
characterizing, and tracking space objects and their operational
environment. SSA data is critical for maintaining space safety and
facilitating real-time space traffic coordination. The data is used
to help space operators predict and avoid collisions between
objects or avoid debris from fragmentation events, meteor storms,
or other natural events that might also affect operations.
SSA is foundational to all space safety and real time space
traffic coordination activities and is a critical component of SDA,
which is the ability of decision makers to understand, as
completely as necessary, their current and predicted operational
environments.
Delivering NEI capabilities gives BlackSky the ability to
leverage underutilized capacity typically associated with
satellites passing over the ocean or satellites in eclipse,
traveling across the dark side of Earth. This enhances BlackSky’s
service offering and supports mission success across the realm of
space security.
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 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/20241008196218/en/
Investor Contact Aly Bonilla VP, Investor Relations
abonilla@blacksky.com
Media Contact Pauly Cabellon Sr. Director, External
Communications bksypr@blacksky.com
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