BlackSky Technology Secures Major Contracts, Advancing in Satellite Imagery and AI-Driven Analytics

BlackSky Awarded $290 Million Contract by U.S. National Geospatial-Intelligence Agency

BlackSky Technology Inc. (NYSE: BKSY) has secured a substantial five-year contract worth up to $290 million from the U.S. National Geospatial-Intelligence Agency (NGA) 1

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. This multi-award indefinite-delivery, indefinite-quantity contract, known as Luno A, tasks BlackSky with monitoring global economic activity and military capabilities using satellite imagery and AI-driven change-detection analytics.

Scope of the NGA Contract

Under this agreement, BlackSky will provide analytical services to:

• Detect and identify objects of interest such as aircraft, ships, vehicles, and shipping containers
• Monitor changes to the Earth, including deforestation, construction, mining, flooding, and other phenomena related to climate change or wildfires
• Support the development of new and emerging products, data, and services, including novel AI solutions

Brian O'Toole, CEO of BlackSky Technology, stated, "The Luno A contract validates demand for BlackSky's commercial real-time, AI-driven dynamic monitoring services at massive scale" 1

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$6 Million Contract Expansion with International Defense Customer

In a separate development, BlackSky has won an approximately $6 million contract expansion from an international defense sector customer 2

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. This expansion increases the total annual commitment to nearly $18 million for subscription-based Assured access to Gen-2, high-cadence, low-latency imagery services.

BlackSky's Assured Access Services

BlackSky's Assured access customers worldwide benefit from:

• Thousands of high-resolution images and analytics over priority areas of interest monthly
• Visibility and insight into border crossings, nuclear and port facilities, and other critical national security and economic infrastructure
• Rapid-revisit capabilities providing reliable persistence and transparency over critical areas

Future Developments: Gen-3 Capabilities

BlackSky is preparing to introduce advanced Gen-3 capabilities, which are expected to:

• Close the traditional gap between spatial and temporal resolution
• Offer very high-resolution 35 cm imagery
• Provide sub-hourly revisit and delivery timelines

O'Toole anticipates that many current international Assured customers will be among the first to incorporate these advanced capabilities into their workflows 3

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Company Overview and Market Position

BlackSky has positioned itself as a leading provider of real-time geospatial intelligence, offering:

• On-demand, high-frequency imagery and monitoring of critical locations and events worldwide
• A low earth orbit small satellite constellation optimized for cost-efficient imagery capture
• The Spectra AI software platform for processing data and developing critical insights

The company serves U.S. and international government agencies, commercial businesses, and organizations globally, and is publicly traded on the New York Stock Exchange as BKSY 3

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Market Response

Following the announcement of the NGA contract, BlackSky's shares saw a significant increase, trading 6.61% higher at $5.32 1

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. This positive market response reflects investor confidence in BlackSky's growing role in the geospatial intelligence sector and its potential for future expansion.