Defence

BlackSky wins $14 million in new orders to monitor critical global economic activity

BlackSky Technology Inc. (NYSE: BKSY) has received orders totaling $13.8 million to date during the first year of a five-year contract with the National Geospatial Intelligence Agency (NGA) to monitor global economic activity.

“These awards highlight the growing demand for commercial AI-powered real-time monitoring services that detect economic activity in manufacturing hubs, major seaports and airports around the world,” said Dr. Patrick O’Neill, Chief Executive Officer of BlackSky innovations. “BlackSky’s dynamic on-demand monitoring platform provides actionable subscription-based information to decision makers on relevant global economic indicators at unprecedented speed and scale.”

Since winning the first order, BlackSky’s dynamic monitoring platform has collected thousands of observations of mission-critical sites around the world and demonstrated the ability to scale observations to meet customer demand.

“BlackSky’s Spectra AI platform for multi-source analytics and satellite imagery collection gives customers direct access to dawn-to-dusk imagery and analytics that seamlessly integrates into existing GEOINT workflows,” added O’Neill.

The competitively procured orders are part of NGA’s five-year Indefinite Supply/Indefinite Quantity (IDIQ) contract announced in September 2021 to monitor global economic activity.


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https://www.spacedaily.com/reports/BlackSky_gets_14M_in_new_orders_to_monitor_critical_global_economic_activity_999.html BlackSky wins $14 million in new orders to monitor critical global economic activity

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