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

Reuters

02-13

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

** 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))

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