BlackSky Awarded Electro-Optical Commercial Layer Contract Extension From National Reconnaissance Office For Reliable High-Frequency Gen-2 Imagery Services
Portfolio Pulse from Benzinga Newsdesk
BlackSky Technology Inc. (NYSE:BKSY) has been awarded a 1-year extension contract from the National Reconnaissance Office (NRO) to continue delivering high-frequency Gen-2 imagery services under the Electro-Optical Commercial Layer (EOCL) subscription contract.
June 05, 2024 | 12:05 pm
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BlackSky Technology Inc. has secured a 1-year extension contract from the National Reconnaissance Office for its high-frequency Gen-2 imagery services, which is likely to enhance its revenue and strengthen its market position.
The contract extension from the NRO ensures continued revenue from a significant government client and validates the performance of BlackSky's Gen-2 imagery services, likely boosting investor confidence and market position.
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