BlackSky Technology (BKSY) said Tuesday it has won a multimillion-dollar Defense Innovation Unit Gen-3 Tactical GEOINT launch integration contract, building on US government-funded research and development efforts to enhance space-based tactical intelligence, surveillance, and reconnaissance capabilities.
Financial details weren't disclosed.
Under the contract, BlackSky will manage a Gen-3 satellite launch for an unnamed customer, overseeing end-to-end activities from pre-flight preparations to on-orbit operations, including hardware integration, launch coordination, and commissioning services, the company said.
Shares of BlackSky were down more than 3% in recent Tuesday trading.
Price: 14.43, Change: -0.60, Percent Change: -3.97
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