BlackSky Technology Inc. (NYSE: BKSY) has received a combined total of $13.8 million of orders to date within the first year of a five-year National Geospatial-Intelligence Agency (NGA) contract to monitor global economic activity.
"These awards underscore the growing demand for commercial real-time, AI-driven monitoring services that reveal economic activity at manufacturing hubs, major maritime ports, and airports around the world," said Dr. Patrick O'Neil, BlackSky chief innovation officer. "BlackSky's on-demand dynamic monitoring platform provides decision makers with actionable subscription-based insights 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 over critical sites worldwide and demonstrated the ability to scale the quantity of observations to meet customer demand.
"BlackSky's Spectra AI platform for multi-source analytics and satellite imagery collection gives customers direct access to high revisit, dawn-to-dusk imaging and analytics that seamlessly integrate into the existing GEOINT workflows," O'Neil added.
Competitively procured, the orders are part of a five-year Indefinite-Delivery/Indefinite-Quantity (IDIQ) NGA contract announced in September 2021 to monitor global economic activity.
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Proposed Tandem4EO constellation will combine radar and optical imaging for Europe
Helsinki, Finland (SPX) Sep 15, 2022
ICEYE, the owner of the world's largest synthetic-aperture radar (SAR) satellite constellation and SATLANTIS, a leading New Space optical imaging company, has announced preliminary plans to develop and manufacture a proposed Tandem for Earth Observation (Tandem4EO) constellation consisting of two radar and two VHR optical satellites. The announced program is planned to support the New Space strategy of several European Union nations, with a focus on Spain Current ICEYE manufacturing and R and D fa ... read more