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BlackSky secures $50 million contracts with Indonesian MoD

EditorRachael Rajan
Published 02/08/2024, 10:00 AM
© Reuters.

HERNDON, Va. - BlackSky Technology Inc. (NYSE: BKSY), a provider of real-time, space-based intelligence, announced a new contract with Thales Alenia Space to deliver advanced Earth observation satellites and services to the Ministry of Defense (MoD) of Indonesia. The deal, valued at around $50 million, includes Gen-3 satellites, ground infrastructure, and operational support to bolster Indonesia's defense capabilities.

The contract entails the provision of BlackSky's Gen-3 Earth observation satellites, which offer high-cadence, real-time imagery and analytics. These satellites will be part of Indonesia's first sovereign satellite system, supporting the country's defense modernization efforts in a complex threat environment. The Gen-3 satellites are expected to provide low-latency, high-frequency imagery, enhancing early intelligence and reconnaissance operations.

Additionally, BlackSky has a separate agreement with PT Len to supply subscription-based Assured access to its current imagery and analytics services. This service ensures the Indonesian MoD has guaranteed access and priority tasking over their areas of interest until the Defense Satellite System is fully operational.

Brian E. O'Toole, CEO of BlackSky, stated that the company's innovative technology would help sovereign nations like Indonesia gain critical foresight into matters of national security and economy.

BlackSky's services are designed to provide strategic advantages by allowing users to see, understand, and anticipate changes, enabling rapid decision-making. The company operates a proprietary low Earth orbit satellite constellation and the BlackSky Spectra® tasking and analytics software platform.

The announcement follows a previous agreement between Thales Alenia Space and PT Len Industri for an Earth observation constellation dedicated to the Indonesian MoD, combining radar and optical sensors.

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The information for this article is based on a press release statement from BlackSky Technology Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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