BlackSky Builds Out Strategic Infrastructure for Company's Second Major International Advanced Tactical ISR Customer with Ground Station Contract
June 06 2023 - 08:30AM
Business Wire
Multimillion dollar customer investment in
augmenting infrastructure demonstrates long term commitment to
secure, assured access to current and future imagery and analytic
services
BlackSky Technology Inc. (NYSE: BKSY) was awarded a two-year
multimillion dollar ground station infrastructure augmentation
contract that establishes the strategic framework for BlackSky’s
next major international advanced tactical ISR Ministry of Defense
customer.
“BlackSky’s on-demand imagery tasking with low-latency delivery
has become an indispensable part of daily operations for our
client,” said Brian E. O’Toole, BlackSky CEO. “This contract
reflects strong, sustained client interest in developing the
underlying infrastructure to support long term use of BlackSky’s
high-frequency, dawn-to-dusk imagery and analytics services.”
BlackSky’s quickly-expanding international customer base is
experiencing a new age of actionable intelligence for international
governments, commercial customers, and non-governmental
organizations.
Developing ground station capabilities will enable direct access
to the company’s proprietary high-resolution, rapid-revisit
constellation through the BlackSky Spectra AI tasking and analytics
platform.
“We deliver thousands of 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,” O’Toole added.
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.
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/20230606005455/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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