NRO Expands BlackSky Commercial Imagery for Security, Defense and Intelligence

HERNDON, Va. (BlackSky PR) – BlackSky Holdings, Inc. (“BlackSky”), a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced that it has been awarded a contract modification from the National Reconnaissance Office (NRO) to provide on-demand satellite imagery through a monthly subscription. The requirements and funding for this effort will be transferred to NRO’s Electro-Optical Commercial Layer program.

BlackSky’s high-resolution satellite constellation will generate imagery for defense and intelligence communities to support homeland defense, national security, disaster and emergency response missions. BlackSky’s real-time imagery offers timely and relevant information on pattern-of-life anomalies that meet critical mission requirements and enable warfighters to make informed decisions.

“BlackSky is proud to be supporting our intelligence analysts and warfighters with their mission requirements with on-demand imagery services,” said Brian E. O’Toole, CEO of BlackSky. “We are seeing strong demand for tactical intelligence, surveillance and reconnaissance from government agencies including this customer, which is increasing its monthly subscription to BlackSky’s commercial imagery.”

BlackSky’s satellites provide high, intraday revisit capabilities, allowing customers to receive multiple images a day, throughout the day, rather than just one image collected at roughly the same time each day. BlackSky seeks to build its constellation to 30 high-resolution multi-spectral satellites capable of monitoring the most important locations on Earth every 30 minutes, day or night.

Earlier this year, BlackSky announced a planned business combination with Osprey Technology Acquisition Corp. (NYSE: SFTW). BlackSky currently anticipates closing the transaction during the third quarter of 2021.

About BlackSky Holdings, Inc.

BlackSky 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. On February 17, 2021, BlackSky entered into a definitive agreement for a business combination (the “Merger Agreement”) with Osprey Technology Acquisition Corp. (“Osprey”) (NYSE: SFTW) that would result in BlackSky becoming a publicly listed company. For more information visit www.blacksky.com.