BlackSky Technology gains on securing $30 mln contract

Blacksky Technology

12/06/2023 17:24

** Shares of real-time geospatial analytics company BlackSky
Technology Inc  BKSY.N  rise 6.7% to $1.83
    ** Company says it secured more than $30 mln contract to
provide high-frequency imagery services to an international
defense sector customer
    ** This contract triples this customer's demand over the
next two years - BlackSky CEO Brian O'Toole
    ** Stock up ~19% YTD

 (Reporting by Jaspreet Singh in Bengaluru)
 ((Jaspreet.Singh@thomsonreuters.com; https://twitter.com/i_jass))