BlackSky Technology Inc. (NYSE: BKSY) has won multiple rapid procurement contracts for its high-margin, core analytics services through the U.S. Space Force’s online Global Data Marketplace (GDM) supporting a variety of Tactical Surveillance, Reconnaissance and Tracking (TacSRT) missions.
The GDM has supported Space Systems Command’s TacSRT pilot program and is designed to rapidly provide U.S. military combatant commands with access to insights for critical areas of interest worldwide.
The competitive, short duration TacSRT contracts team up multiple commercial data providers to cover specific requests for real-time operational planning products offering insight into global trends and events from violent extremism to humanitarian and disaster response as well as identification of potential threats.
“One year in operation, this novel marketplace increases speed and accessibility to BlackSky’s reliable high-cadence, low-latency dynamic monitoring capabilities,” said Brian O’Toole, BlackSky CEO. “BlackSky’s momentum with these quick-turn contracts represents a significant structural demand signal from a key customer for operationally relevant space-based products. BlackSky has demonstrated repeated success in delivering tailored products featuring our automated AI-driven analytics to meet a diverse set of complex, time-sensitive civil and military tactical SRT missions around the world,” said O’Toole. “The fast-paced, short period of performance aligns with our strengths: rapidly delivering actionable insights from our core product offerings that require minimal integration, lowering customer acquisition costs and accelerating development of new technology.”
About BlackSky
BlackSky is a real-time, space-based intelligence company that delivers on-demand, high frequency imagery, analytics, and high-frequency monitoring of the most critical and strategic locations, economic assets, and events in the world. BlackSky owns and operates one of the industry’s most advanced, purpose-built commercial, real-time intelligence systems that combines the power of the BlackSky Spectra® tasking and analytics software platform and our proprietary low earth orbit satellite constellation. With BlackSky, customers can see, understand and anticipate changes for a decisive strategic advantage at the tactical edge, and act not just fast, but first. BlackSky is trusted by some of the most demanding U.S. and international government agencies, commercial businesses, and organizations around the world. BlackSky is headquartered in Herndon, VA, and is publicly traded on the New York Stock Exchange as BKSY.