BlackSky Technology Inc. Class A Common Stock (BKSY)
17.37
-0.17 (-0.97%)
BlackSky Technology Inc. focuses on providing advanced satellite imagery and data analytics services
The company operates a constellation of small satellites that capture high-resolution images of the Earth, enabling clients to gain critical insights into various industries such as agriculture, finance, defense, and environmental monitoring. Through its innovative technology, BlackSky offers real-time data delivery and analytical tools that empower organizations to make informed decisions, respond to dynamic situations, and drive operational efficiency. With a commitment to enhancing accessibility to geospatial intelligence, the company plays a crucial role in the rapidly evolving field of Earth observation and information sharing.
Blacksky said the new seven-year deal secures annual capacity minimums for reliable high-resolution, low-latency current Gen-2 and upcoming Gen-3 imagery and AI-enabled analytics services through 2032.
BlackSky Technology secured a $100 million deal with a major defense partner. This seven-year contract ensures high-resolution, low-latency imagery and AI-driven analytics services until 2032.
BlackSky Technology Inc (NYSEBKSY) shares are trading higher Thursday after the company was awarded a five-year contract to monitor global economic activity and military capabilities.
BlackSky Technology shares are trading lower by 20% during Wednesday's session. The company announced the pricing of a $40 million public offering of 10 million shares.
