Online global data marketplace accelerates BlackSky’s delivery of AI-enabled analytics services to U.S. combatant commands worldwide for situational awareness and operational planning
HERNDON, Va. — BlackSky Technology Inc. (NYSE: BKSY) won multiple rapid procurement contracts for its high-margin, core analytics services through the U.S. Space Force’s online Global Data Marketplace (GDM) supporting a variety of Tactical Surveillance, Reconnaissance and Tracking (TacSRT) missions.
“One year in operation, this novel marketplace increases speed and accessibility to BlackSky’s reliable high-cadence, low-latency dynamic monitoring capabilities,” said Brian O’Toole, BlackSky CEO. “BlackSky’s momentum with these quick-turn contracts represents a significant structural demand signal from a key customer for operationally relevant space-based products.”
The GDM has supported Space Systems Command’s TacSRT pilot program and is designed to rapidly provide U.S. military combatant commands with access to insights for critical areas of interest worldwide.
“BlackSky has demonstrated repeated success in delivering tailored products featuring our automated AI-driven analytics to meet a diverse set of complex, time-sensitive civil and military tactical SRT missions around the world,” said O’Toole. “The fast-paced, short period of performance aligns with our strengths: rapidly delivering actionable insights from our core product offerings that require minimal integration, lowering customer acquisition costs and accelerating development of new technology.”
The competitive, short duration TacSRT contracts team up multiple commercial data providers to cover specific requests for real-time operational planning products offering insight into global trends and events from violent extremism to humanitarian and disaster response as well as identification of potential threats.
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.
