BlackSky Wins $150+ Million Competitive Bid For Space-Based Tactical GEOINT Service With International Ministry of Defense

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Insider Brief:

  • BlackSky Technology Inc.  won a US $150+ million competitive contract from an international ministry of defense customer.
  • Next generation space-based GEOINT service provides operators a tactical advantage with high-frequency, low-latency imagery and advanced AI exploitation tools.

PRESS RELEASE — Herndon, Virginia / March 7, 2023 / BUSINESS WIRE / — BlackSky Technology Inc. (NYSE: BKSY) won a $150+ million competitive contract to provide advanced space-based tactical GEOINT-as-a-service to an international ministry of defense customer.

“BlackSky is taking real-time, space-based tactical GEOINT to the next level with industry-leading rapid revisit capabilities and fully automated low-latency delivery of AI-derived mission intelligence,” said Brian E. O’Toole, BlackSky CEO. “Our superior software-to-satellite architecture is now trusted by multiple international defense ministries as a premier tool informing critical day-to-day operations.”

“Succeeding in a dynamic, modern operational environment requires the unique technical architecture and monitoring capabilities BlackSky brings to the table,” said a senior international MoD customer familiar with the contract. “We have confidence in BlackSky’s ability to meet our needs for agile, real-time intelligence.”

This multi-year contract for advanced subscription-based GEOINT-as-a-services is aligned with the deployment of Blacksky’s next-generation constellation and contains options to extend services as needed.

“BlackSky is pushing operationally secure, mission-critical GEOINT to the most forward edge of the battle area, directly into the hands of tactical operators,” said O’Toole. “Whereas a conventional static mapping approach to mission critical GEOINT is of limited value, BlackSky’s real-time intelligence service is commercially-available and ready to help governments and commercial partners worldwide accelerate the value of tactical GEOINT derived from space-based assets from hours down to minutes.”

Contact Information:

Investor Contact
Aly Bonilla
VP, Investor Relations
[email protected]

Media Contact
Pauly Cabellon
Director, External Communications
[email protected]

SOURCE: Business Wire

Featured image: Credit: BlackSky

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