Satellites enter revenue generation six days after launch
HERNDON, Va.– November 30, 2021 – BlackSky (NYSE: BKSY) successfully added two satellites to its constellation following the Rocket Lab “Love at First Insight” launch from Rocket Lab Launch Complex 1 on November 18. The satellites were fully operational and commercially available within six days of launch.
“This was the fastest BlackSky dual-satellite commissioning process in the company’s history,” said Nick Merski, BlackSky chief operations officer. “Within one work week customers were able to directly task the satellites from our Spectra AI platform and pull real-time geospatial analyses and insights to their desktops and devices in under 90 minutes.”
BlackSky expects to achieve a 12 small satellite constellation by the end of 2021.
About BlackSky Technology Inc.
BlackSky is a leading provider of real-time geospatial intelligence. Leveraging its own satellite constellation and harnessing the world’s emerging sensor network, the Company monitors the activities and locations worldwide that matter most to its customers. BlackSky’s on-demand constellation of proprietary satellites, together with the sensors in its partners’ constellations, are capable of imaging targeted locations on Earth multiple times a day in a variety of conditions. The data collected from BlackSky’s satellites and other sources populates BlackSky’s proprietary data lake and platform. Cutting-edge computer techniques, including machine learning and artificial intelligence, allow BlackSky’s customers to derive unique and commercially valuable insights, providing them with a first-to-know advantage. BlackSky’s suite of real-time geospatial intelligence products can be integrated into a customer’s system or made available through BlackSky’s Spectra platform using a laptop and internet connection. The Company’s variety of pricing and utilization options enables customers to customize their first-to-know experience. For more information, visit www.blacksky.com.