BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense
08 Febrero 2024 - 8:40AM
Business Wire
Advanced Gen-3 capabilities, ground
infrastructure and operations to boost Indonesia’s defense
modernization agenda
BlackSky Technology Inc. (NYSE: BKSY) won a first-of-its-kind
contract with Thales Alenia Space supporting the Ministry of
Defense (MoD) of the Republic of Indonesia to deliver Gen-3 Earth
observation satellites, ground station capabilities and flight
operations support. BlackSky has also provided Assured
subscription-based real-time imagery and analytics services to
support the Indonesian MoD. These multi-year contracts have a
combined value of approximately $50 million dollars.
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Jakarta, Indonesia, January 25, 2024,
9:19 a.m. Western Indonesia Time. BlackSky’s unconventional
mid-inclination orbits and AI automation produce high-cadence,
time-diverse images which are difficult to capture with traditional
Earth observation systems. Through BlackSky’s subscription-based
services, the Indonesian Defense Ministry is guaranteed access and
first-priority tasking capacity over their national and regional
areas of interest. BlackSky subscription customers can collect day,
night, burst, broad-area 2x1, and multi-frame stereo imagery to
support rapid 3-D visualization efforts, with AI-driven detection
and classification analytics included.
“Continuing our string of pioneering innovations in the
space-based intelligence industry, BlackSky now offers sovereign
nations the ability to gain foresight into critical matters that
affect their national security and economy using commercially
available Earth observation technology today,” said Brian E.
O’Toole, BlackSky CEO. “Indonesia’s first sovereign satellites will
share the same advanced capabilities as BlackSky's future Gen-3
commercial constellation.”
The Indonesian MoD has subscription-based Assured access to
BlackSky’s current high-cadence, real-time imagery and analytics
services, giving the customer guaranteed access and first-priority
tasking capacity over their national and regional areas of
interest. These services, delivered through a separate agreement
between PT Len and BlackSky, will provide early intelligence,
surveillance and reconnaissance capabilities for satellite
capability for the MoD until the Indonesian Defense Satellite
System becomes operational. Once operational the Gen-3
electro-optical satellites are expected to deliver low-latency
high-frequency imagery and analytics seamlessly into the customer’s
workflow.
"This announcement follows the multi-mission contract already
signed between Thales Alenia Space and PT Len Industri to provide a
state-of-the-art Earth observation constellation combining both
radar and optical sensors and dedicated to the Indonesian Ministry
of Defence (MoD). We are very pleased to partner with BlackSky to
deliver modern space capabilities aligns with Indonesia’s drive to
modernize and restructure its defense capabilities in an
increasingly complex threat environment,” said Hervé Derrey, Thales
Alenia Space CEO.
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 system 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 (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/20240208512218/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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