BlackSky Signs Five-Launch Deal With Rocket Lab To Launch Next-Gen Capabilities And Meet Growing Demand For High-Frequency Monitoring
Portfolio Pulse from Happy Mohamed
BlackSky Technology Inc. (NYSE:BKSY) and Rocket Lab USA, Inc. (NASDAQ:RKLB) have signed a five-launch deal to increase capacity and introduce new capabilities into BlackSky's rapid-revisit, high-res constellation. The launches, which will commence in 2024, will support BlackSky's Gen-3 satellites designed to produce images with up to 35-centimeter resolution. Rocket Lab has launched six successful Electron missions for BlackSky since 2019.
August 08, 2023 | 9:29 pm
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POSITIVE IMPACT
The deal with Rocket Lab will allow BlackSky to increase its capacity and introduce new capabilities, potentially boosting its market position and revenues.
The deal with Rocket Lab will allow BlackSky to increase its capacity and introduce new capabilities. This could attract more customers, especially in defense and intelligence, and boost its revenues. The successful track record of Rocket Lab also adds confidence to the potential success of the upcoming launches.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The deal with BlackSky provides Rocket Lab with a steady stream of business, potentially boosting its revenues and showcasing its reliability as a launch provider.
The deal with BlackSky provides Rocket Lab with a steady stream of business, which could boost its revenues. It also showcases Rocket Lab's reliability as a launch provider, which could attract more customers in the future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100