BlackSky Releases Images of Recent Tornado Devastation in Midwest and Southern U.S.

Rhea-AI Summary

BlackSky (NYSE: BKSY) expresses condolences for the families affected by recent tornados in the Midwest and Southeastern United States. The company, a leader in real-time geospatial intelligence, utilizes its satellite constellation to provide insights and data to customers worldwide. BlackSky’s technology allows for multiple daily imaging of targeted locations, offering critical information across various conditions. The organization emphasizes the importance of adapting to customer trends and will continue to monitor and respond to future needs.

Positive

• BlackSky provides real-time geospatial intelligence through its proprietary satellite technology.
• The company's satellite constellation allows for frequent imaging, enhancing data collection capabilities.

Negative

• The press release does not provide any financial updates or metrics that could indicate business performance.
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HERNDON, Va.--(BUSINESS WIRE)-- BlackSky’s (NYSE: BKSY) thoughts are with the families and communities devastated by the tornados that impacted the Midwest and Southeastern United States Friday and Saturday.

BlackSky’s thoughts are with the families and communities devastated by the tornados that impacted the Midwest and Southeastern United States Friday and Saturday. (Image: BlackSky)

About BlackSky Technology Inc.

BlackSky is a leading provider of real-time geospatial intelligence. Leveraging its own satellite constellation and harnessing the world’s emerging sensor network, the Company monitors the activities and locations worldwide that matter most to its customers. BlackSky’s on-demand constellation of proprietary satellites, together with the sensors in its partners’ constellations, are capable of imaging targeted locations on Earth multiple times a day in a variety of conditions. The data collected from BlackSky’s satellites and other sources populates BlackSky’s proprietary data lake and platform. Cutting-edge computer techniques, including machine learning and artificial intelligence, allow BlackSky’s customers to derive unique and commercially valuable insights, providing them with a first-to-know advantage. BlackSky’s suite of real-time geospatial intelligence products can be integrated into a customer’s system or made available through BlackSky’s Spectra platform using a laptop and internet connection. The Company’s variety of pricing and utilization options enables customers to customize their first-to-know experience. For more information, visit www.blacksky.com.

Forward-Looking Statements

This press release contains certain 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, including but not limited to: (i) the ability to implement business plans, forecasts, and other expectations, (ii) achieve anticipated revisit rates and maintain current launch schedules, and (iii) our ability to predict and respond to customer trends. The foregoing list of factors is not exhaustive and is based on information available as of the date of this communication, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. 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. There may be additional risks that we do not presently know, or that we currently believe are immaterial, that could also cause actual results to differ from those contained in the 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 reports filed with the SEC, including within the section titled “Risk Factors” on BlackSky’s registration statement on Form S-1, and available at the SEC’s website at http://www.sec.gov.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211212005149/en/

Janae Frisch

janae@communiquepr.com

Office: 206-282-4923 ext. 125

Source: BlackSky Technology Inc.

FAQ

What did BlackSky say about the recent tornados in the Midwest?

BlackSky expressed condolences for the families affected by the tornados that impacted the Midwest and Southeastern United States.

What is the focus of BlackSky's business?

BlackSky focuses on providing real-time geospatial intelligence using its satellite constellation.

How does BlackSky's technology benefit its customers?

BlackSky's technology allows customers to receive critical data through frequent imaging of targeted locations, enabling better decision-making.

What is the stock symbol for BlackSky Technology?

The stock symbol for BlackSky Technology is BKSY.