BlackSky up on winning contracts to boost India's earth observation

Blacksky Technology

13/02/2025 13:57

** Real-time geospatial intelligence solutions provider
BlackSky Technology's  BKSY.N  shares rise 5.7% to $17.29 in
premarket trading 
    ** Company wins multi-year contracts that include assured
access to subscription-based low-latency, high-cadence imagery
and AI-enabled analytics services to accelerate development of
India's commercial earth observation capabilities
    ** Contracts have a combined eight-figure value - BKSY 
    ** Co says deals include delivery of one high-resolution
Earth observation satellite and launch support operations and
on-orbit maintenance services
    ** Stock had fallen 3.7% in 2024

 (Reporting by Harshita Mary Varghese in Bengaluru)
 ((HarshitaMary.Varghese@thomsonreuters.com))