BlackSky Wins Competitive $24 Million Air Force Research Laboratory Contract for Global Moving Target Engagement

HERNDON, Va. – BlackSky Technology Inc. (NYSE: BKSY) won a competitive $24 million Air Force Research Laboratory (AFRL) ceiling contract to develop and demonstrate moving target engagement services.

“BlackSky’s software-first, AI approach will add depth and scale to commercial space-based moving target detection, tracking and identification at machine speed”

“BlackSky’s software-first, AI approach will add depth and scale to commercial space-based moving target detection, tracking and identification at machine speed,” said Brian E. O’Toole, BlackSky CEO.

Using the BlackSky Spectra® tasking and analytics platform, the company will use its own and third-party data to demonstrate how various AI and machine learning techniques affect tasking, multi-INT collection, automatic tipping-and-cueing, direct downlink and moving target engagement processing timelines within an exercise environment.

“BlackSky Spectra has been optimized to perform in resource-limited environments and will demonstrate the ability to fuse information in a hybrid setting from multiple government ISR and commercial data sources,” said O’Toole.

An initial award of $3.5 million was obligated at the time of the award.

About BlackSky

BlackSky is a leading provider of real-time geospatial intelligence. BlackSky delivers on-demand, high frequency imagery, monitoring and analytics of the most critical and strategic locations, economic assets, and events in the world.

BlackSky designs, owns and operates one of the industry’s leading low earth orbit small satellite constellations, optimized to capture imagery cost-efficiently where and when our customers need it. BlackSky’s Spectra AI software platform processes data from BlackSky’s constellation and from other third-party sensors to develop the critical insights and analytics that our customers require.

BlackSky is relied upon by 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. To learn more, visit www.blacksky.com.

Forward-Looking Statements

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