Four-year award leverages BlackSky’s real-time, AI-driven monitoring services for automated object and pattern-of-life change detection at military and economic facilities worldwide
HERNDON, Va. — BlackSky Technology Inc. (NYSE: BKSY) won a more than $24 million, four-year, National Geospatial-Intelligence Agency (NGA) Luno A Facility Operational Monitoring (FOMO) delivery order for global monitoring of military and economic facilities. As part of the order, BlackSky has received an initial base and surge option award of $2 million.
“Securing this Luno A task order continues BlackSky’s long record of success delivering our industry leading commercial real-time, AI-enabled dynamic monitoring capabilities at machine speed and scale in service to U.S. national security,” said Brian O’Toole, BlackSky CEO.
Under the delivery order, BlackSky will perform AI-enabled object and pattern-of-life change detection to monitor trends and anomalies in vehicle, aircraft, vessel, railcar and ground equipment activity at military and economic facilities worldwide, including ports, airfields, military installations and railways.
“With unmatched speed and economics, BlackSky continues to improve upon our first-of-its-kind space-based intelligence system with the coming addition of our very high-resolution Gen-3 satellites to our high frequency, low latency constellation that will provide even more rapid, detailed and precise insights to support the critical needs of our customers.”
BlackSky monitors over more than 30 million square kilometers of the Earth’s surface for the NGA. In October, NGA selected BlackSky for the five-year, up to $290 million Luno-A multi-award indefinite-delivery, indefinite-quantity contract to monitor global economic and environmental activity and military capability using high-cadence, rapid revisit satellite imagery and AI-driven change-detection analytics.
The Luno A contract also contributes to the creation of new products, data and services that employ innovative uses for artificial intelligence to manage high volumes of data, produce deeper insights and boost predictive analytical capabilities. BlackSky’s scalable and cost-effective AI tools allow for more frequent data-intensive broad area search and discovery queries than traditional solutions.
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About BlackSky
BlackSky is a real-time, space-based intelligence company that delivers on-demand, high frequency imagery, analytics, and high-frequency monitoring of the most critical and strategic locations, economic assets, and events in the world. BlackSky owns and operates one of the industry’s most advanced, purpose-built commercial, real-time intelligence systems that combines the power of the BlackSky Spectra® tasking and analytics software platform and our proprietary low earth orbit satellite constellation.
With BlackSky, customers can see, understand and anticipate changes for a decisive strategic advantage at the tactical edge, and act not just fast, but first. BlackSky is trusted by some of the most demanding 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 X.
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.
