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NASA Selects BlackSky for Time-Diverse, Rapid-Revisit Satellite Imagery to Support Earth and Applied Science Research

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BlackSky Technology Inc. (NYSE: BKSY) has been selected by NASA to provide time-diverse, high-revisit satellite imaging data for Earth observation research under the Commercial Smallsat Data Acquisition Program (CSDAP). The contract is a multi-year, indefinite-delivery/indefinite-quantity agreement valued up to $476 million, with a performance period through November 2028.

BlackSky's Spectra platform, which combines imagery and AI-enabled analytics from its high-revisit constellation, will support NASA's Earth science research and application activities. This collaboration aims to enhance understanding of Earth's ecosystems, oceanography, geography, and polar systems through increased temporal frequency observations.

BlackSky Technology Inc. (NYSE: BKSY) è stata selezionata dalla NASA per fornire dati di imaging satellitare ad alta frequenza di revisione e diversità temporale per la ricerca di osservazione della Terra nell'ambito del programma Commercial Smallsat Data Acquisition Program (CSDAP). Il contratto è un accordo a lungo termine, di fornitura indeterminata e quantità indeterminata, del valore massimo di 476 milioni di dollari, con un periodo di prestazione fino a novembre 2028.

La piattaforma Spectra di BlackSky, che combina immagini e analisi abilitata dall'IA provenienti dalla sua costellazione ad alta revisione, supporterà la ricerca e le attività applicative delle scienze della Terra della NASA. Questa collaborazione mira a migliorare la comprensione degli ecosistemi terrestri, della oceanografia, della geografia e dei sistemi polari attraverso osservazioni con una frequenza temporale aumentata.

BlackSky Technology Inc. (NYSE: BKSY) ha sido seleccionada por la NASA para proporcionar datos de imágenes satelitales de alta frecuencia de revisión y variedad temporal para la investigación de observación de la Tierra bajo el programa Commercial Smallsat Data Acquisition Program (CSDAP). El contrato es un acuerdo de múltiples años, de entrega indefinida/cantidad indefinida valorado en hasta 476 millones de dólares, con un periodo de rendimiento hasta noviembre de 2028.

La plataforma Spectra de BlackSky, que combina imágenes y análisis habilitados por IA de su constelación de alta revisión, apoyará la investigación y las actividades de aplicación en ciencias de la Tierra de la NASA. Esta colaboración busca mejorar la comprensión de los ecosistemas de la Tierra, la oceanografía, la geografía y los sistemas polares a través de observaciones con mayor frecuencia temporal.

블랙스카이 테크놀로지 Inc. (NYSE: BKSY)는 NASA에 의해 선정되었습니다 고 다양한 시간대의 고빈도 위성 이미징 데이터를 지구 관측 연구를 위해 제공하는 상업용 소형위성 데이터 수집 프로그램(CSDAP)입니다. 이 계약은 최대 4억 7600만 달러 가치의 다년간 무기한 납품/무기한 수량 계약으로, 성과 기간은 2028년 11월까지입니다.

블랙스카이의 스펙트라 플랫폼은 고빈도 별자리의 이미지와 AI 기반 분석을 결합하여 NASA의 지구 과학 연구 및 응용 활동을 지원합니다. 이 협력은 시간적인 빈도를 높인 관측을 통해 지구의 생태계, 해양학, 지리학 및 극지 시스템에 대한 이해를 향상시키는 것을 목표로 합니다.

BlackSky Technology Inc. (NYSE: BKSY) a été séléctionnée par la NASA pour fournir des données d'imagerie satellite à haute fréquence de revisite et diverses dans le temps pour la recherche d'observation de la Terre dans le cadre du programme Commercial Smallsat Data Acquisition Program (CSDAP). Le contrat est un accord pluriannuel, de livraison indéfinie/quantité indéfinie d'une valeur allant jusqu'à 476 millions de dollars, avec une période de performance jusqu'en novembre 2028.

La plateforme Spectra de BlackSky, qui combine des images et des analyses habilitées par l'IA issues de sa constellation à haute revisite, soutiendra les activités de recherche et d'application en sciences de la Terre de la NASA. Cette collaboration vise à améliorer la compréhension des écosystèmes terrestres, de l'océanographie, de la géographie et des systèmes polaires grâce à une fréquence d'observation temporelle accrue.

BlackSky Technology Inc. (NYSE: BKSY) wurde von der NASA ausgewählt, um zeitlich vielfältige, hochfrequente Satellitenbilddaten für die Forschung zur Erdbeobachtung im Rahmen des Commercial Smallsat Data Acquisition Program (CSDAP) bereitzustellen. Der Vertrag ist ein mehrjähriger Vertrag für unbefristete Lieferung/unklare Menge im Wert von bis zu 476 Millionen US-Dollar, mit einer Leistungsperiode bis November 2028.

Die Spectra-Plattform von BlackSky, die Bilder und KI-gestützte Analysen aus ihrer hochfrequenten Konstellation kombiniert, wird die Forschungs- und Anwendungsaktivitäten der NASA im Bereich der Erdwissenschaften unterstützen. Diese Zusammenarbeit zielt darauf ab, das Verständnis der Ökosysteme der Erde, der Ozeanographie, der Geographie und der Polarsysteme durch erhöhte zeitliche Beobachtungen zu verbessern.

Positive
  • Secured a contract with NASA valued up to $476 million
  • Multi-year agreement extends through November 2028
  • Provides validation of government demand for BlackSky's real-time monitoring capabilities
  • Expands BlackSky's presence in the Earth observation research market
Negative
  • None.

Insights

The $476 million contract with NASA represents a significant revenue opportunity for BlackSky, potentially boosting its financial outlook. This multi-year agreement through 2028 provides a stable income stream, enhancing the company's long-term prospects. The contract's indefinite-delivery/indefinite-quantity nature offers flexibility but also uncertainty in terms of actual revenue realization. Investors should note that while the maximum value is substantial, actual earnings will depend on NASA's specific requirements over time. This deal strengthens BlackSky's position in the government sector, diversifying its client base and potentially opening doors for similar contracts. The stock market may react positively to this news, given the contract's size and prestigious client, but cautious investors will watch for details on profit margins and actual order volumes.

BlackSky's selection for NASA's CSDAP underscores the growing importance of commercial satellite imagery in scientific research. The company's high-revisit constellation and AI-enabled analytics offer unique capabilities, including dawn-to-dusk monitoring and automatic pattern-of-life monitoring. These features suggest BlackSky's technology is at the forefront of Earth observation. The emphasis on temporal frequency in data collection aligns with the increasing need for real-time, dynamic Earth monitoring. This contract may accelerate BlackSky's tech development, potentially leading to innovations in satellite imagery and data analysis. The integration of BlackSky's data into NASA's research ecosystem could lead to new applications and discoveries in Earth science, further validating the company's technological approach.

This NASA contract signals strong government demand for advanced Earth observation capabilities, potentially opening up a larger market for BlackSky and similar companies. The deal could position BlackSky as a key player in the growing space-based intelligence market, estimated to reach $7.3 billion by 2027. The contract's focus on supporting various Earth science disciplines suggests a broad application range for BlackSky's technology, potentially leading to new market opportunities beyond government contracts. Competitors may need to enhance their offerings to match BlackSky's capabilities, potentially driving innovation in the sector. Investors should monitor how this contract affects BlackSky's market share and whether it leads to additional government or private sector deals. The company's ability to leverage this high-profile contract for future growth will be important for its long-term market position.

Multi-year, indefinite-delivery/indefinite-quantity contract valued up to $476 million

HERNDON, Va.--(BUSINESS WIRE)-- BlackSky Technology Inc. (NYSE: BKSY) was selected by NASA to provide time-diverse, high-revisit satellite imaging data in support of the agency’s existing Earth observation research under the Commercial Smallsat Data Acquisition Program (CSDAP). The multi-year, indefinite-delivery/indefinite-quantity contract carries a maximum value of $476 million and a performance period through November 2028 for selected contractors.

“Adding BlackSky’s space-based intelligence products to NASA’s research data repository provides yet another valuable proof point of government demand for real-time, dawn-to-dusk monitoring capabilities,” said Brian E. O’Toole, BlackSky CEO.

The BlackSky Spectra tasking and data fusion platform takes imagery and AI-enabled analytics data from the company’s high-revisit constellation to facilitate automatic pattern-of-life monitoring and anomaly detection at massive scale. Under the CSDAP BlackSky will provide Earth observation data that supports NASA’s Earth science research and application activities that help improve life on the planet.

“With increased temporal frequency NASA-backed researchers worldwide will be able to broaden their understanding, explore predictive capabilities and develop actionable scientific observations around the most critical changes in the Earth’s ecosystems, oceanography, geography and polar systems,” said O’Toole.

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 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 (formerly 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.

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.

FAQ

What is the value of BlackSky's contract with NASA?

BlackSky's contract with NASA is valued up to $476 million.

When does BlackSky's NASA contract performance period end?

The performance period for BlackSky's NASA contract extends through November 2028.

What program is BlackSky supporting for NASA?

BlackSky is supporting NASA's Commercial Smallsat Data Acquisition Program (CSDAP) for Earth observation research.

What technology will BlackSky use for the NASA contract?

BlackSky will use its Spectra tasking and data fusion platform, which combines satellite imagery with AI-enabled analytics from its high-revisit constellation.

BlackSky Technology Inc.

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