BlackSky rises after multi-million dollar contract win

Blacksky Technology

01/06/2023 13:53

** Shares of real-time geospatial analytics company BlackSky
Technology Inc  BKSY.N  up 3.6% at $1.42 premarket
    ** Co awarded multi-million dollar renewal contract for
advanced tactical imagery services to an International Ministry
of Defense customer
    ** Two-year renewal contract expands long-term relationship
and extends support of day-to-day mission operations
    ** "Real-time space-based imagery and AI-driven analytics
contribute the most value when intelligence updates impact live
operations" - CEO Brian E. O'Toole
    ** BSKY shares down ~11% so far this year

 (Reporting by Samrhitha Arunasalam in Bengaluru)
 ((Samrhitha.A@thomsonreuters.com))