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Stock impact report

BlackSky Wins Nearly $30 Million, One-Year Assured Contract from International Defense Customer

BlackSky Technology Inc. Class A (BKSY) 
Company Research Source: Business Wire
Customer rapidly scaled from six-figure Early Access pilot program to subscription deal in less than six months to meet accelerated need for real time space-based tactical ISR capabilities HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) won a nearly $30 million, one-year Assured contract from an international defense customer. The customer rapidly scaled from an initial six-figure Early Access program to the subscription deal in less than six months to meet an accelerated need for real time space-based tactical ISR capabilities. The expedited adoption timeline followed an incremental validation and demonstration of mission value and ease of integration into the customer’s operations. The contract award follows BlackSky opening general availability of Gen-3 very high-resolution imagery with the commissioning of its fourth next generation satellite.“With four Gen-3s on orbit, BlackSky is seeing growing momentum and rapid adoption of Gen-3 services from new and ex Show less Read more
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