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Stock impact report

BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense [Yahoo! Fi...

BlackSky Technology Inc. Class A (BKSY) 
Company Research Source: Yahoo! Finance
HERNDON, Va., February 08, 2024 BUSINESS WIRE )--BlackSky Technology Inc. (NYSE: BKSY ) won a first-of-its-kind contract with Thales Alenia Space supporting the Ministry of Defense (MoD) of the Republic of Indonesia to deliver Gen-3 Earth observation satellites, ground station capabilities and flight operations support. BlackSky has also provided Assured subscription-based real-time imagery and analytics services to support the Indonesian MoD. These multi-year contracts have a combined value of approximately $50 million dollars. "Continuing our string of pioneering innovations in the space-based intelligence industry, BlackSky now offers sovereign nations the ability to gain foresight into critical matters that affect their national security and economy using commercially available Earth observation technology today," said Brian E. O'Toole, BlackSky CEO. "Indonesia's first sovereign satellites will share the same advanced capabilities as BlackSky's future Gen-3 commercial constella Show less Read more
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