NASA Taps BlackSky for Rapid Revisit Satellite Imaging Data

Rhea-AI Summary

BlackSky (NYSE: BKSY) has secured a five-year, sole-source blanket purchase agreement with NASA to provide high revisit satellite imaging data. This partnership aims to enhance Earth's observation research, supporting projects in ecological, oceanographic, and geographic studies. CEO Brian E. O’Toole emphasized the alignment of government demand with BlackSky’s global intelligence products. The agreement is part of NASA's Commercial Smallsat Data Acquisition Program, granting researchers access to advanced imaging capabilities that promote actionable scientific insights.

Positive

• Five-year agreement with NASA enhances BlackSky's market position.
• Provides high revisit satellite imaging data, supporting advanced Earth observation research.
• Alignment of government demand with BlackSky's commercial products may drive future growth.

Negative

• None.

BlackSky to bring smallsat imagery for NASA-funded Earth and applied science research

HERNDON, Va.--(BUSINESS WIRE)-- BlackSky (NYSE: BKSY) secured a five-year, sole-source blanket purchase agreement by the National Aeronautics and Space Administration (NASA) to provide high revisit satellite imaging data in support of the agency’s existing Earth observation research to advance predictive capabilities.

“This award reflects yet another valuable point of alignment between government demand and BlackSky’s commercially available real-time, global intelligence products,” said Brian E. O’Toole, CEO of BlackSky. “Helping NASA-backed researchers broaden their understanding around critical changes in the Earth’s ecosystems, oceanography, geographic and polar sciences is vitally important.”

“Our constellation delivers, dawn-to-dusk imaging that facilitates automatic pattern-of-life monitoring and anomaly detection. Fusing that data with our Spectra AI platform enables compelling and actionable scientific observations about our planet,” he added.

As part of NASA’s Commercial Smallsat Data Acquisition Program (CSDAP), research teams worldwide will have access to high spectral and spatial resolutions with increased temporal frequency and other novel capabilities.

About BlackSky Technology Inc.

BlackSky (NYSE: BKSY) is a leading provider of real-time geospatial intelligence. BlackSky monitors activities and facilities worldwide by harnessing the world’s emerging sensor networks and leveraging its own satellite constellation. BlackSky processes millions of data elements daily from its constellation as well as a variety of space, IoT, and terrestrial-based sensors and data feeds. BlackSky’s on-demand constellation of satellites can image a location multiple times throughout the day. BlackSky monitors for pattern-of-life anomalies to produce alerts and enhance situational awareness. BlackSky’s monitoring service, Spectra AI, is powered by cutting-edge compute techniques including machine learning, artificial intelligence, computer vision, and natural language processing. BlackSky’s global monitoring solution is available via a simple subscription and requires no IT infrastructure or setup.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211112005389/en/

Janae Frisch

Janae@communiquepr.com

Office: 206-282-4923 ext. 125

Source: BlackSky

FAQ

What is the recent agreement between BlackSky and NASA?

BlackSky secured a five-year blanket purchase agreement with NASA to provide satellite imaging data for Earth observation research.

How will BlackSky's services benefit NASA's research?

BlackSky's satellite imagery will enhance NASA's understanding of critical changes in ecosystems, oceanography, and geographic sciences.

What is the stock symbol for BlackSky?

The stock symbol for BlackSky is BKSY.

What does the NASA agreement mean for BlackSky investors?

The agreement may indicate potential revenue growth and increased market presence, which could positively impact investor sentiment.

What capabilities will research teams gain from the NASA agreement with BlackSky?

Research teams will gain access to high spectral and spatial resolutions with increased temporal frequency and novel capabilities.