Multi-year, indefinite-delivery/indefinite-quantity contract valued up to $476 million
NASA has entrusted BlackSky Technology Inc. with a pivotal role in advancing Earth observation research. The esteemed space agency has selected BlackSky to provide intricate and rapid-revisit satellite imagery data, a move set to revolutionize the Commercial Smallsat Data Acquisition Program (CSDAP). The collaboration comes with a substantial multi-year, indefinite-delivery/indefinite-quantity contract worth up to $476 million, slated for execution until November 2028.
Brian E. O’Toole, the CEO of BlackSky, described the significance of this partnership, stating, “Adding BlackSky’s space-based intelligence products to NASA’s research data repository provides yet another valuable proof point of government demand for real-time, dawn-to-dusk monitoring capabilities.”
Central to this collaboration is BlackSky’s cutting-edge Spectra tasking and data fusion platform. This innovative technology amalgamates imagery and AI-enabled analytics data from BlackSky’s high-revisit constellation. The platform facilitates automatic pattern-of-life monitoring and anomaly detection on a massive scale. Through CSDAP, BlackSky will offer Earth observation data crucial for bolstering NASA’s Earth science research endeavors and applications aimed at enhancing life on our planet.
Commenting on the transformative impact of increased temporal frequency, O’Toole noted, “With increased temporal frequency, NASA-backed researchers worldwide will be able to broaden their understanding, explore predictive capabilities, and develop actionable scientific observations around the most critical changes in the Earth’s ecosystems, oceanography, geography, and polar systems.”
About BlackSky
BlackSky stands at the forefront as a leading provider of real-time geospatial intelligence. Their offerings include on-demand, high-frequency imagery, monitoring, and analytics of the most pivotal and strategic global locations, economic assets, and events.
Leveraging its position, BlackSky designs, owns, and efficiently operates one of the industry’s finest low earth orbit small satellite constellations. This optimized setup ensures the capture of imagery cost-effectively as and when customers require it. Furthermore, BlackSky’s Spectra AI software platform processes data not only from its constellation but also from third-party sensors, culminating in critical insights and analytics necessary for their diverse clientele.
BlackSky’s reputation precedes them, being relied upon by U.S. and international government agencies, commercial enterprises, and organizations across the globe. With their headquarters in Herndon, VA, BlackSky is publicly traded on the New York Stock Exchange as BKSY.
Forward-Looking Statements
While the future looks bright for BlackSky, it is important to note that forward-looking statements are a risky business. As with any endeavor, risks and uncertainties abound, potentially causing reality to diverge from the envisioned path. BlackSky acknowledges these challenges, emphasizing the dynamic nature of their expectations, plans, and forecasts.
Investors are wise to heed BlackSky’s caution and explore the additional risks and uncertainties outlined in their disclosure materials filed with the SEC. These materials can be accessed on the SEC’s website or BlackSky’s Investor Relations website.
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