Spaceflight Industries

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

Retrieved on: 
Wednesday, March 13, 2024
Software, Other Defense, Contracts, Data Management, Technology, Defense, Artificial Intelligence, Security, Satellite, Government Technology, Aerospace, Military, Manufacturing, Spaceflight Industries, Spectra, Air Force Research Laboratory, Government, AFRL, ISR, AI

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.

Key Points: 
  • 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,” 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.
  • An initial award of $3.5 million was obligated at the time of the award.

Space Resources Startup Interlune Raises $18 Million in Seed Capital

Retrieved on: 
Wednesday, March 13, 2024
Astronaut, Government, Alphabet, Apollo, Blue Origin, National Science Foundation, Natural Resources, Shasta Ventures, SBIR, History, University, University of Michigan, Spaceflight Industries, NSF, Investment, Liquid, Water, Rocket Lab, Small Business Innovation Research, Renewable energy

SEATTLE, March 13, 2024 /PRNewswire/ -- Interlune, a natural resources company, emerged from stealth today, announcing that it has raised funding to further develop and operationalize technology to extract Helium-3 and other natural resources from the Moon. The funding is an essential milestone for Interlune in pursuing its mission to lead the world in sustainable, responsible harvesting and distribution of natural resources from space to benefit humanity.

Key Points: 
  • The funding is an essential milestone for Interlune in pursuing its mission to lead the world in sustainable, responsible harvesting and distribution of natural resources from space to benefit humanity.
  • Alexis Ohanian's venture firm Seven Seven Six led the most recent round of $15 million, adding to previous angel investments.
  • Katelin Holloway, founding partner of Seven Seven Six, will join the Interlune board of directors.
  • "For the first time in history, harvesting natural resources from the Moon is technologically and economically feasible," said Meyerson.

BlackSky Spectra® Nominated for Via Satellite’s 2023 Satellite Technology of the Year Award

Retrieved on: 
Wednesday, March 6, 2024
Software, Contracts, Professional Services, Technology, Defense, Artificial Intelligence, Security, Satellite, Data Analytics, Government Technology, Aerospace, Manufacturing, Collection, Via, AI, Spaceflight Industries, Spectra, Economics, Television

BlackSky Technology Inc. (NYSE: BKSY) was nominated for Via Satellite’s 2023 Satellite Technology of the Year Award for BlackSky Spectra, the company's industry-leading tasking, AI and automated analytics platform.

Key Points: 
  • BlackSky Technology Inc. (NYSE: BKSY) was nominated for Via Satellite’s 2023 Satellite Technology of the Year Award for BlackSky Spectra, the company's industry-leading tasking, AI and automated analytics platform.
  • "BlackSky was founded on the principle that real-time intelligence requires a software-first mindset,” said Brian E. O’Toole, BlackSky CEO.
  • The winner of the 2023 Satellite Technology of the Year will be determined by a combination of the Via Satellite editorial team and votes that come directly from industry.
  • “Our Satellite Technology of the Year award is an amazing showcase of some of the best and most transformative technologies in our industry, powered by great technology.

BlackSky Wins Multi-Million Dollar Contract in Support of U.S. Department of Defense Moving Target Study

Retrieved on: 
Monday, March 4, 2024
Technology, Contracts, Security, Satellite, Aerospace, Software, Manufacturing, Government Technology, Data Management, Defense, Life, Algorithm, Spaceflight Industries, 3D printing

BlackSky Technology Inc. (NYSE: BKSY ) won a multi-million dollar contract in support of the U.S. Department of Defense to collect and annotate thousands of BlackSky multi-frame burst images to train moving target artificial intelligence models for commercial motion imagery.

Key Points: 
  • BlackSky Technology Inc. (NYSE: BKSY ) won a multi-million dollar contract in support of the U.S. Department of Defense to collect and annotate thousands of BlackSky multi-frame burst images to train moving target artificial intelligence models for commercial motion imagery.
  • “We are taking BlackSky’s industry-leading ability to monitor moving objects from space another step forward by enhancing analytic accuracy and the ability to recognize patterns of life,” said Patrick O’Neil, BlackSky chief technology officer.
  • Burst imagery, along with all BlackSky offerings, can uniquely be captured from early in the day to late in the evening.
  • The customer expects to use BlackSky’s high-cadence, low-latency imagery and automated analytics to support customer-approved exercises, technology demonstrations and operations.

BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense

Retrieved on: 
Thursday, February 8, 2024
Technology, Other Defense, Contracts, Satellite, Professional Services, Software, Data Analytics, Artificial Intelligence, Defense, Spaceflight Industries, Ministry, Republic, AI, Thales Alenia Space, Multimedia, Automation, Mod, Defence minister, Environment, Intelligence, Radar, Classification, Communications satellite

BlackSky has also provided Assured subscription-based real-time imagery and analytics services to support the Indonesian MoD.

Key Points: 
  • BlackSky has also provided Assured subscription-based real-time imagery and analytics services to support the Indonesian MoD.
  • These multi-year contracts have a combined value of approximately $50 million dollars.
  • Through BlackSky’s subscription-based services, the Indonesian Defense Ministry is guaranteed access and first-priority tasking capacity over their national and regional areas of interest.
  • We are very pleased to partner with BlackSky to deliver modern space capabilities aligns with Indonesia’s drive to modernize and restructure its defense capabilities in an increasingly complex threat environment,” said Hervé Derrey, Thales Alenia Space CEO.

Rocket Lab Successfully Launches First Electron Mission of Busy 2024 Launch Schedule

Retrieved on: 
Wednesday, January 31, 2024
Technology, Satellite, Transport, Aerospace, Manufacturing, Other Transport, Neutron, Multimedia, Security (finance), Electron, HASTE, Rocket Lab, NZDT, SSA, Spaceflight Industries, Moon, UTC, Annual report, Lab, Spire, Pacific Ocean, NorthStar, NASA, Communications satellite

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The ‘Four Of A Kind’ mission for Spire’s customer NorthStar successfully launched from Rocket Lab Launch Complex 1 in New Zealand at 19:34 NZDT / 06:34 UTC.
  • The mission was Rocket Lab’s 43rd Electron launch overall, bringing the Company’s record of successfully deployed satellites to 176.
  • The mission was the first of a busy launch year for Rocket Lab, with the Company scheduled to launch more in 2024 than any previous year since the Company began missions in 2017.
  • Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia.

IARPA Selects BlackSky Spectra® Software Platform as Leading Space-Based AI Approach for Bringing Speed and Scalability to Broad Area Search Mission

Retrieved on: 
Tuesday, January 30, 2024
Software, Professional Services, Internet, Contracts, Data Management, Technology, Drones, Defense, Artificial Intelligence, Security, Data Analytics, Satellite, Government Technology, IARPA, MLOps, Intelligence, Government, SMART, Spaceflight Industries, Investment, Artificial intelligence, Economics, Architecture, Organization, Surveying

Phase III emphasizes the transfer of SMART broad area search technologies into other U.S. government programs .

Key Points: 
  • Phase III emphasizes the transfer of SMART broad area search technologies into other U.S. government programs .
  • “BlackSky built a high-performance machine learning operations (MLOps) architecture for the SMART program that was originally designed to manage the analysis of one million square kilometers of land,” said Patrick O’Neil, BlackSky chief technology officer.
  • For the SMART Program, all participants’ artificial intelligence (AI) change detection tools were deployed and evaluated for performance, cost and scalability within BlackSky’s MLOps architecture.
  • “BlackSky is using AI to reshape the broad area search mission with industry-leading speed and economics,” said O’Neil.

BlackSky Wins Initial Task Order Exceeding $1 Million Against New Multi-Year Contract to Deliver Space-based Intelligence Capabilities to Indonesian Ministry of Defense

Retrieved on: 
Thursday, January 11, 2024
Software, Other Defense, Contracts, Data Management, Technology, Defense, Artificial Intelligence, Security, Satellite, Government Technology, Aerospace, Military, Manufacturing, Assurance, Spaceflight Industries, Republic, Ministry, Mod

“Meeting the growing global demand for real-time monitoring solutions, BlackSky has the unique ability to activate instant access to high-cadence imagery and AI-driven analytics for our customers,” said Brian E. O’Toole, BlackSky CEO.

Key Points: 
  • “Meeting the growing global demand for real-time monitoring solutions, BlackSky has the unique ability to activate instant access to high-cadence imagery and AI-driven analytics for our customers,” said Brian E. O’Toole, BlackSky CEO.
  • Within this area of interest, an Assured customer’s tasking requests are given the highest priority and cannot be preempted by other customers.
  • The Assured program is commercially available and powered by the BlackSky Spectra® tasking and analytics platform.
  • Assured customers receive high-resolution imagery and automated detection analytics seamlessly and securely in less than 90 minutes within their current workflow environment.

BlackSky Makes 2023 Deloitte Technology Fast 500™ List of America's Fastest-Growing Companies

Retrieved on: 
Wednesday, November 8, 2023
Satellite, Defense, Technology, Other Defense, Software, Adjustment, Fintech, Deloitte Technology Fast 500, Organization, Spaceflight Industries, NYSE, Telecommunications, Video game

BlackSky Technology Inc. (NYSE: BKSY ) was named on the Deloitte Technology Fast 500 ™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.

Key Points: 
  • BlackSky Technology Inc. (NYSE: BKSY ) was named on the Deloitte Technology Fast 500 ™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
  • “The world needs real-time space-based intelligence now more than ever and BlackSky is making that a reality,” said Brian E. O’Toole, BlackSky CEO.
  • The Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America.
  • Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022.

BlackSky Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023
Data Management, Technology, Professional Services, Security, Satellite, Data Analytics, Software, Artificial Intelligence, Government Technology, Defense, Internet, Adjustment, Research, NYSE, Public expenditure, EBITDA, Engineering, Senior, ID, Webcast, Capital expenditure, Classification, Depreciation, Investment, Spaceflight Industries, Government, Video game, Cryptocurrency, Q4

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the third quarter ended September 30, 2023.

Key Points: 
  • BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the third quarter ended September 30, 2023.
  • Professional and engineering services revenue was $6.0 million in the third quarter of 2023, up 86% over the prior year period, primarily driven by new programs won in 2023.
  • Cost of sales as a percent of revenue was 32% for the third quarter of 2023, compared to 46% in the third quarter of 2022.
  • Imagery and software analytical service costs as a percent of revenue was 23% in the third quarter of 2023, compared to 26% in the third quarter of 2022.