BlackSky is a leading provider of real-time geospatial intelligence, operating its own constellation of Earth observation satellites in low Earth orbit. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of critical locations and events using its AI-powered Spectra platform. BlackSky serves government organizations and commercial enterprises, providing them with timely insights and data for strategic decision-making.
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BlackSky has developed a proprietary technology stack that includes a constellation of high-resolution small satellites, an AI/ML enabled software platform, a proprietary database that captures global changes, and an application layer that delivers on-demand solutions to customers.
BlackSky operates an Artificial Intelligence and Machine Learning powered analytics platform that derives insights from its constellation and from space, IoT, and terrestrial sensors and data feeds.
BlackSky’s pipeline of opportunities grew by $1,100,000,000 in the last 12 months and stands at $1,700,000,000.
The pro forma enterprise value of the combined Osprey and BlackSky transaction is estimated at $1,100,000,000.
BlackSky operates an Artificial Intelligence and Machine Learning powered analytics platform that derives insights from its satellite constellation and from space, IoT, and terrestrial-based sensors and data feeds.
BlackSky has developed a fully integrated proprietary technology stack that includes a constellation of high-resolution small satellites, an AI/ML-enabled software platform, a proprietary database that captures information on global changes, and an application layer that delivers on-demand solutions to customers.
The cash proceeds are expected to be used to extend BlackSky’s AI/ML analytics platform, expand BlackSky’s small satellite constellation, add additional sensors and data feeds to the BlackSky network, and accelerate BlackSky’s commercial market penetration.
BlackSky’s pipeline of opportunities grew by $1,100,000,000 in the last twelve months and stands at $1,700,000,000 today.
BlackSky will use the new funding to expand its software platform, develop AI and machine learning capabilities, and manufacture new satellites.
Once BlackSky goes public via the merger, the company’s estimated value will be about $1,500,000,000.
BlackSky has five satellites in orbit and plans to deploy 25 more over the next several years.
BlackSky signed a deal on 2021-02-18 to go public through a merger with Osprey Technology Acquisition Corp.
IARPA awarded SMART research contracts through a competitive broad agency announcement to teams led by Accenture Federal Services, Kitware, BlackSky Geospatial Solutions, and Systems & Technology Research.
BlackSky will expand its Spectra AI platform to develop a responsive system that can automatically monitor large-scale construction of critical infrastructure such as military bases, stadiums, campuses, dams, and airports.
BlackSky will expand its Spectra AI platform to develop a responsive system that can automatically monitor large-scale construction of critical infrastructure such as military bases, stadiums, campuses, dams, and airports.
BlackSky will expand its Spectra AI platform to develop a responsive system that can automatically monitor large-scale construction of critical infrastructure including military bases, stadiums, campuses, dams, and airports.
BlackSky was awarded a multi-phase, multi-year research contract by the Intelligence Advanced Research Projects Activity (IARPA) on 2021-01-06.
On 2020-11-05, the National Geospatial-Intelligence Agency added Planet and BlackSky imagery to the unclassified system that delivers geospatial data to the Defense Department, the intelligence community, and other government agencies.
The integration of Planet and BlackSky imagery into G-EGD coincides with the National Reconnaissance Office seeking to expand its pool of commercial imagery suppliers.
Thales Alenia Space will build the first three Skylark satellites in conjunction with LeoStella, NorthStar’s smallsat manufacturing joint venture with BlackSky.