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BUZZ-BlackSky up on winning multi-million dollar contract with US government

ReutersFeb 25, 2025 1:58 PM

Real-time geospatial intelligence solutions provider BlackSky Technology's BKSY.N shares rise 5.6% to $15.87 in premarket trading

BlackSky wins multi-million dollar contract with U.S. government's Defense Innovation Unit to build out advanced space-based tactical intelligence

Under the contract, BlackSky will prepare and manage Gen-3 satellite launch on behalf of customer

BlackSky will support end-to-end, pre-flight to on-orbit activities, including hardware and systems integration, launch site and mission management as well as commissioning services

Stock fell 3.7% in 2024

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