BlackSky Wins U.S. Navy Research Contract for Gen-3 Advanced Optical Intersatellite Links

Project Overmatch initiative advances JADC2 mission and enables real-time imagery support to warfighters during time-sensitive military operations worldwide

BlackSky Technology Inc. (NYSE: BKSY) won a competitive U.S. Navy research contract to explore applications for advanced optical intersatellite link terminals on board the company’s Gen-3 imaging satellites, giving warfighters real-time access to imagery during time-sensitive military operations worldwide. The effort directly supports the Navy’s Project Overmatch and the Department of Defense’s Joint All Domain Command and Control (JADC2) initiatives.

“BlackSky is making space a viable option for the tactical ISR mission. Extending our Gen-3 satellite capabilities with optical intersatellite link terminals will give Navy customers assured access to real-time earth imaging capabilities across the full range of warfighting scenarios both while underway and ashore,” said Brian O’Toole, BlackSky CEO. “End users will receive BlackSky data and insights 10-times faster, with data volumes five-times greater than current systems.”

Optical intersatellite links are laser-based communications relays that enable faster and more reliable rates of data transmission compared to radio frequency communications. As part of this study BlackSky will modify its systems to accommodate an optical intersatellite link terminal that will be uniquely compatible with both the Space Development Agency’s (SDA) Transport Layer and commercial transport layers. BlackSky will also establish novel operating concepts that will inform the acquisition of commercial transport network nodes, how data is moved, and how to seamlessly maintain the core Earth-imaging mission.

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 and follow us on X (formerly Twitter).

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240926544947/en/

Investor Contact Aly Bonilla VP, Investor Relations abonilla@blacksky.com

Media Contact Pauly Cabellon Sr. Director, External Communications pcabellon@blacksky.com

BlackSky Technology (NYSE:BKSY)
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