BlackSky Technology Inc (NYSE:BKSY) saw its stock increase by 3.5% following news of a new contract to supply subscription-based geospatial monitoring services to defense and intelligence agencies across Latin America.
The company, specializing in geospatial intelligence, will provide On-Demand Gen-3 and Gen-2 satellite surveillance tools aimed at tackling transnational organized crime in the region. Through this agreement, clients will gain access to BlackSky’s exclusive satellites, extensive image archives, and advanced analytics via the Spectra platform.
BlackSky’s technology enables frequent revisits, capturing imagery up to 15 times daily at the same location. This capability delivers what the firm calls “decision-quality data,” crucial for both strategic initiatives and immediate operational needs.
“BlackSky’s low-latency, high-cadence monitoring services give government security forces an unparalleled strategic and tactical first-to-act advantage,” said Brian O’Toole, BlackSky CEO. “By increasing the speed, volume and diversity of space-based data sources, end users gain persistent visibility into pattern-of-life anomalies such as irregular migration or vehicle, vessel and aircraft movements.”
The contract underlines BlackSky’s commitment to offering fast, AI-driven satellite imagery and analytics tailored for defense and intelligence missions, providing real-time insights directly to operatives on the ground.
BlackSky Technology stock price
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