Funding for four-year award prompted by customer satisfaction and reliable performance of high-cadence, AI-enabled change detection analytics

BlackSky Technology Inc. (NYSE: BKSY) has secured a seven-figure award under the company’s NGA Luno A Facility Monitoring Delivery Order. The decision to renew funding for the four-year award was prompted by customer satisfaction and the reliable performance of the company’s high-cadence, AI-enabled change detection analytics.

“BlackSky’s successful performance on the Luno A program reflects the critical value of meeting customer commitments with proven, reliable commercial space-based monitoring services, especially in a strained budget environment,” said Brian O’Toole, BlackSky CEO. “With the recent addition of advanced, very high-resolution Gen-3 satellites to our constellation our U.S. customers will have access to even more rapid, detailed and precise insights at machine speed and scale.”

Under this delivery order, BlackSky performs AI-enabled object and pattern-of-life change detection to monitor trends and anomalies in vehicle, aircraft, vessel, railcar and ground equipment activity at military and economic facilities worldwide, including ports, airfields, military installations and railways.

BlackSky monitors more than 14 million square kilometers of the Earth’s surface for the NGA. The company’s scalable and cost-effective AI tools enable more frequent data-intensive broad area search and discovery queries than traditional solutions.

Performance on the Luno A contract contributes to the development of novel products, data and services that employ pioneering uses for AI to manage massive data volumes, produce deeper insights and enhance predictive analytical capabilities.

Since being selected for the Luno A program, BlackSky has won multiple delivery orders, including for automated general change detection caused by human activity.

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. To learn more, visit www.blacksky.com and follow us on X.

Forward-Looking Statements

Certain statements in this press release may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect our expectations, plans, or forecasts of future events and views as of the date of this communication. We anticipate that subsequent events and developments will cause their assessments to change. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Additional risks and uncertainties are identified and discussed in BlackSky’s disclosure materials filed from time to time with the SEC which are available at the SEC’s website at http://www.sec.gov or on BlackSky’s Investor Relations website at https://ir.blacksky.com.

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“BlackSky’s successful performance on the Luno A program reflects the critical value of meeting customer commitments with proven, reliable commercial space-based monitoring services, especially in a strained budget environment,” Brian O’Toole, BlackSky CEO