Multiple US R & D contracts to advance customer automated target recognition capabilities and integrate battle damage detection into Gen-3 architecture

BlackSky Technology Inc. (NYSE: BKSY) won a series of U.S. R & D contracts to develop and field mission-critical Gen-3 AI solutions that enhance customers’ ability to conduct real-time, space-based tactical ISR (intelligence, surveillance and reconnaissance) operations.

“BlackSky continues to lead the commercial space-based intelligence industry by deploying proprietary, high-performance AI detection and identification algorithms directly into our customer’s classified mission environment,” said Brian O’Toole, BlackSky CEO. “Continued U.S. investments across BlackSky’s advanced, purpose-built space-based AI solutions reflect strong alignment between our technical roadmap and the nation’s current and future operational needs.”

“BlackSky’s commercial AI capabilities are adding machine speed to our customers’ space-based intelligence decision loop, compressing time and increasing the accuracy of strategic and tactical assessments, during live operations,” said O’Toole.

Under one contract BlackSky will leverage proven, high-performance AI-enabled object detection and identification algorithms to mature space-based automated target recognition capabilities within the customer’s classified workflow. BlackSky will also continue to develop AI-enabled Battle Damage Detection analytics as a feature of its commercial Gen-3 offering. Automated battle damage analytics help decision makers quickly evaluate the physical and functional damage inflicted on targets during military operations.

The Gen-3 constellation delivers industry-leading, best-in-class 35-centimeter imagery resolution with AI-driven analytics. The sharpness of imagery provides tactical visual clarity, reduces classification ambiguities, and reduces human analysts’ cognitive load. The entire Gen-3 constellation has consistently delivered images with remarkable clarity and uniform quality, detailing vehicles, maritime vessels, and aircraft of various sizes, as well as individual people and their shadows.

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 continues to lead the commercial space-based intelligence industry by deploying proprietary, high-performance AI detection and identification algorithms directly into our customer’s classified mission environment."