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BlackSky wins US Space Force contracts for tactical surveillance and tracking missions
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BlackSky wins US Space Force contracts for tactical surveillance and tracking missions
by Clarence Oxford
Los Angeles CA (SPX) Jan 13, 2025

BlackSky Technology Inc. (NYSE: BKSY) has secured several rapid procurement contracts through the U.S. Space Force's Global Data Marketplace (GDM), emphasizing its advanced analytics services in support of Tactical Surveillance, Reconnaissance, and Tracking (TacSRT) missions.

"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."

The GDM, established under Space Systems Command's TacSRT pilot program, enables U.S. military combatant commands to swiftly access critical insights about global areas of interest. This marketplace aims to enhance situational awareness and operational efficiency by providing near-instantaneous access to space-derived analytics.

"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."

The TacSRT contracts bring together multiple commercial data providers to fulfill specific real-time operational planning requirements. These initiatives deliver insights into diverse global trends, including violent extremism, humanitarian crises, disaster response, and emerging threats.

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