BlackSky Wins 2024 Novaspace Leading Earth Observation Business Award at World Space Business Week
BlackSky Technology Inc. (NYSE: BKSY) has been awarded the 2024 Novaspace Leading Earth Observation Business Award at World Space Business Week. The company is recognized for its excellence and innovation in delivering commercial real-time, space-based intelligence using high-cadence satellite imagery and AI-driven analytics.
BlackSky's achievements include:
- Pioneering a software-first adoption model through a $50 million contract with the Indonesian Ministry of Defense
- Advancing to the final phase of IARPA's SMART program
- Selection as a vendor for NGA's $290 million Luno A contract
- Winning a seven-figure space domain awareness contract from HEO for non-Earth imaging services
These accomplishments highlight BlackSky's role in transforming the Earth observation industry from static mapping to dynamic, AI-driven monitoring of critical areas of interest.
BlackSky Technology Inc. (NYSE: BKSY) è stata premiata con il Premio Novaspace 2024 per la Migliore Azienda di Osservazione della Terra durante la World Space Business Week. L'azienda è riconosciuta per la sua eccellenza e innovazione nella fornitura di intelligenza commerciale in tempo reale, basata nello spazio, utilizzando immagini satellitari ad alta frequenza e analisi guidate dall'IA.
Le realizzazioni di BlackSky includono:
- Pioniera nell'adozione di un modello software-first tramite un contratto da 50 milioni di dollari con il Ministero della Difesa indonesiano
- Avanzamento alla fase finale del programma SMART di IARPA
- Selezione come fornitore per il contratto Luno A da 290 milioni di dollari della NGA
- Vittoria di un contratto a sette cifre per la consapevolezza del dominio spaziale da HEO per servizi di imaging non terrestre
Questi traguardi evidenziano il ruolo di BlackSky nella trasformazione dell'industria dell'osservazione della Terra, passando da mappe statiche a monitoraggio dinamico e guidato dall'IA di aree critiche di interesse.
BlackSky Technology Inc. (NYSE: BKSY) ha recibido el Premio Novaspace 2024 a la Mejor Empresa de Observación de la Tierra en la Semana de Negocios Espaciales del Mundo. La empresa es reconocida por su excelencia e innovación en la entrega de inteligencia comercial en tiempo real, basada en el espacio, utilizando imágenes satelitales de alta frecuencia y análisis impulsados por IA.
Los logros de BlackSky incluyen:
- Pionero en un modelo de adopción primero de software a través de un contrato de 50 millones de dólares con el Ministerio de Defensa de Indonesia
- Avanzar a la fase final del programa SMART de IARPA
- Selección como proveedor para el contrato Luno A de 290 millones de dólares de la NGA
- Ganar un contrato de siete cifras de concienciación del dominio espacial de HEO para servicios de imágenes no terrestres
Estos logros destacan el papel de BlackSky en la transformación de la industria de la observación de la Tierra, pasando de la cartografía estática a la monitorización dinámica impulsada por IA de áreas críticas de interés.
BlackSky Technology Inc. (NYSE: BKSY)는 세계 우주 비즈니스 주간에서 2024 노바스페이스 지구 관측 비즈니스 리더상을 수상했습니다. 이 회사는 고주기 위성 이미지를 사용한 상업적 실시간 우주 기반 정보 제공에서의 우수성과 혁신성으로 인정받았습니다.
BlackSky의 성과는 다음과 같습니다:
- 인도네시아 국방부와의 5천만 달러 계약을 통한 소프트웨어 우선 채택 모델의 선도
- IARPA의 SMART 프로그램 최종 단계로의 진출
- NGA의 2억 9천만 달러 Luno A 계약의 공급업체로 선정
- HEO로부터 비지구 이미징 서비스에 대한 7자리 금액의 우주 도메인 인식 계약 획득
이러한 성과는 정적 지도 작성에서 동적 AI 기반 모니터링으로 지구 관측 산업을 변화시키는 BlackSky의 역할을 강조합니다.
BlackSky Technology Inc. (NYSE: BKSY) a reçu le Prix Novaspace 2024 pour la Meilleure Entreprise d'Observation de la Terre lors de la Semaine Mondiale des Affaires Spatiales. L'entreprise est reconnue pour son excellence et son innovation dans la fourniture d'intelligence commerciale en temps réel, basée dans l'espace, utilisant des images satellites à haute cadence et des analyses pilotées par l'IA.
Les réalisations de BlackSky incluent :
- Le développement d'un modèle d'adoption basé sur le logiciel grâce à un contrat de 50 millions de dollars avec le ministère de la Défense indonésien
- Le passage à la phase finale du programme SMART de l'IARPA
- La sélection en tant que fournisseur pour le contrat Luno A de 290 millions de dollars de la NGA
- La victoire d'un contrat à sept chiffres pour la sensibilisation au domaine spatial de HEO pour des services d'imagerie non terrestre
Ces réalisations mettent en lumière le rôle de BlackSky dans la transformation de l'industrie de l'observation de la Terre, passant de la cartographie statique à une surveillance dynamique alimentée par l'IA des domaines d'intérêt critiques.
BlackSky Technology Inc. (NYSE: BKSY) wurde mit dem Novaspace Award 2024 für das führende Unternehmen der Erdbeobachtung während der World Space Business Week ausgezeichnet. Das Unternehmen wird für seine Exzellenz und Innovation bei der Bereitstellung von kommerzieller Echtzeit, raumgestützter Intelligenz mittels hochfrequentierter Satellitenbilder und KI-gesteuerter Analysen anerkannt.
Zu den Erfolgen von BlackSky gehören:
- Vorantreiben eines Software-First-Adoptionsmodells durch einen Vertrag über 50 Millionen Dollar mit dem indonesischen Verteidigungsministerium
- Fortschritt in die Endphase des SMART-Programms von IARPA
- Auswahl als Anbieter für den NGA-Vertrag Luno A über 290 Millionen Dollar
- Gewinn eines siebenstelligen Vertrages zur Bewusstsein des Raumdomänen von HEO für nicht-irdische Bildgebungsdienste
Diese Erfolge heben die Rolle von BlackSky bei der Transformation der Erdbeobachtungsbranche von statischer Kartierung zu dynamischer, KI-gestützter Überwachung kritischer Interessensgebiete hervor.
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BlackSky recognized for excellence and innovation in delivering industry leading commercial real-time, space-based intelligence at mission speed and scale
“BlackSky is honored to receive the Novaspace 2024 Leading Earth Observation Business Award at the World Space Business Week,” said Brian O’Toole, BlackSky CEO. “This recognition is only possible with the collective passion and commitment displayed every day by the entire BlackSky team as we lead the Earth observation industry into a new era of dynamic, real-time, low latency monitoring.”
The annual WSBW awards recognize the most forward-thinking businesses and innovators shaping the future of the global space sector. A panel of industry experts evaluate qualitative and quantitative criteria to honor companies that distinguish themselves during the year that include innovation, strategic decisionmaking, market impact, and financial and commercial indicators.
This year, BlackSky made notable achievements in transforming the adoption model for commercial real-time, space-based intelligence and furthering the Earth observation industry’s transition from static mapping to dynamic, AI-driven monitoring of critical areas of interest while expanding its product offering to revolutionize non-Earth imaging.
“Our software-first approach has made space more accessible for nations seeking sovereign, space-based intelligence capabilities and is reshaping how customers see and understand the most important security and economic events in our world,” added O’Toole.
Through a first-of-its kind
In January, BlackSky won a contract from the Intelligence Advanced Research Projects Activity (IARPA) to move forward into the third and final phase of the multi-year Space-based Machine Automated Recognition Technique (SMART) program. With the core technology developed under the SMART program, BlackSky’s AI tools have detected and classified more than two million change observations with a high degree of accuracy over 120 thousand distinct sites after having analyzed five years of historic broad area satellite imagery from government and commercial sources.
The National Geospatial-Intelligence Agency (NGA) recently announced BlackSky was selected as a vendor under the five-year,
Yesterday, BlackSky was awarded a seven-figure space domain awareness contract from HEO to bring automated low-latency capabilities to non-Earth imaging (NEI) services for defense, intelligence and commercial use. Under the agreement, the companies will partner to bring BlackSky’s current constellation into HEO’s NEI sensor network. The contract is now moving into its second phase with a focus on automating the entire tasking-to-delivery process, following a successful initial proof of concept phase.
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
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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Investor Contact
Aly Bonilla
VP, Investor Relations
abonilla@blacksky.com
Media Contact
Pauly Cabellon
Sr. Director, External Communications
bksypr@blacksky.com
Source: BlackSky Technology Inc.
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