BlackSky Wins Initial Task Order Exceeding $1 Million Against New Multi-Year Contract to Deliver Space-based Intelligence Capabilities to Indonesian Ministry of Defense
11 Enero 2024 - 7:00AM
Business Wire
Subscription-based Assured access program
guarantees capacity to high-frequency, dawn-to-dusk imagery and
AI-driven analytics over dedicated area of interest
BlackSky Technology Inc. (NYSE: BKSY) won a multi-year contract
from PT Len exceeding $1 million supporting the Ministry of Defense
of the Republic of Indonesia to provide immediate access to
subscription-based real-time, high-frequency imagery and analytics
services.
“Meeting the growing global demand for real-time monitoring
solutions, BlackSky has the unique ability to activate instant
access to high-cadence imagery and AI-driven analytics for our
customers,” said Brian E. O’Toole, BlackSky CEO. “The Indonesian
MoD has made a bold and innovative step towards defense
modernization as an early adopter of space-based intelligence,
surveillance and reconnaissance on-demand.”
The Assured access program gives customers guaranteed capacity
within a predefined area of interest. Within this area of interest,
an Assured customer’s tasking requests are given the highest
priority and cannot be preempted by other customers.
The Assured program is commercially available and powered by the
BlackSky Spectra® tasking and analytics platform. Assured customers
receive high-resolution imagery and automated detection analytics
seamlessly and securely in less than 90 minutes within their
current workflow environment.
About BlackSky
BlackSky is a leading provider of real-time geospatial
intelligence. BlackSky delivers on-demand, high frequency imagery,
monitoring and analytics of the most critical and strategic
locations, economic assets, and events in the world.
BlackSky designs, owns and operates one of the industry’s
leading low earth orbit small satellite constellations, optimized
to capture imagery cost-efficiently where and when our customers
need it. BlackSky’s Spectra AI software platform processes data
from BlackSky’s constellation and from other third-party sensors to
develop the critical insights and analytics that our customers
require.
BlackSky is relied upon by 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 (formerly Twitter).
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240111124983/en/
Investor Contact Aly Bonilla VP, Investor Relations
abonilla@blacksky.com
Media Contact Pauly Cabellon Director, External Communications
pcabellon@blacksky.com
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