The last satellites from BlackSky (NYSE: BKSY) reached orbit and provided the first information within 14 hours of launch. The growth of the company’s constellation signals a return to space and greater capacity for global customers.
“With this launch, we have visibility on a path to double the size of the constellation by the end of the year. And most importantly, allowing us to increase our revenue while expanding our ability for customers to obtain information before you know “Tweeting this” Developing the BlackSky constellation and increasing our rapid review tracking capabilities is something more than just bringing satellites into space, “said Nick Merski, COO of BlackSky ons.
The key value for customers is the speed at which we integrate data from these sensors into our AI architecture. It is the rapid delivery of high quality automated services for information our customers can trust.BlackSky’s “Love at First Insight” satellites entered orbit approximately 54 to 56 minutes after launch, quickly completed system checks, and were commissioned to collect and transfer images into the suite of algorithms. artificial intelligence and machine learning BlackSky’s Spectra AI, which immediately processed, analyzed, and detected objects of interest without humans in the loop.
“With this launch, we have visibility on the road to doubling the size of the constellation by the end of the year and, most importantly, allows us to increase our revenue while increasing our capacity for customers to obtain information before they know it ”Merski.BlackSky plans to expand its constellation of small satellites to up to four additional satellites by the end of 2021. The successful launch of these satellites will double BlackSky’s current capacity and reach an average hourly examination rate. Over the next few years, the company is looking to build a constellation of multispectral satellites capable of monitoring key positions on Earth every 30 minutes, day or night. The satellites launched as part of the “Love at First Insight” mission were designed and manufactured by LeoStella, BlackSky’s small satellite development and manufacturing partner. LeoStella is focused on large scale satellite production and the continued evolution of its satellite product line to serve the growing satellite constellation market. With its growing constellation of highly revised satellites, BlackSky’s real-time global intelligence services provide better situational awareness for businesses about BlackSky Technology Inc.
BlackSky is a leading provider of geospatial intelligence in real time.Leveraging its constellation of satellites and the emerging global network of sensors, the company monitors the activities and locations around the world that matter most to its customers. locations on Earth several times a day under various conditions. Data collected from BlackSky’s satellites and other sources feeds into BlackSky’s proprietary data lake and platform. State-of-the-art computing techniques, including machine learning and artificial intelligence, enable BlackSky customers to achieve unique results and valuable business insights, giving them a leading edge. BlackSky’s real-time geospatial intelligence product suite can be integrated into a customer’s system or made available through BlackSky’s Spectra platform using a laptop computer and an Internet connection. allows customers to personalize their firsttoknow experience.For more information, visit www.blacksky.com.ForwardLooking StatementsThis press release contains certain forward-looking statements under federal securities laws relating to BlackSky. These forward-looking statements are generally identified by the words “believe”, “plan”, “expect”, “anticipate”, “estimate”, “average”, “the strategy”, “the future”, “the opportunity”. “,” The plan “,” could “,” should “,” will “,” would “,” will “,” continue “,” will probably result “, and similar expressions. Forward-looking statements are forecasts, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties.
Many factors could cause actual future events to differ materially from the forward-looking statements contained in this document.