financetom
Business
financetom
/
Business
/
BlackSky Technology Wins Contract for Space-Based Imagery Services; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BlackSky Technology Wins Contract for Space-Based Imagery Services; Shares Rise
Feb 4, 2025 8:24 AM

10:46 AM EST, 02/04/2025 (MT Newswires) -- BlackSky Technology ( BKSY/WS ) said Tuesday it has won a multiyear contract with geospatial intelligence company EMDYN to provide space-based imagery services to international customers.

Financial details weren't disclosed.

The agreement gives defense ministries the ability to deploy API-enabled automated tip-and-cue tasking and fuse signals with other intelligence sources using the BlackSky Spectra platform, the company said.

BlackSky ( BKSY/WS ) shares were more than 17% higher in recent Tuesday trading.

Price: 17.53, Change: +2.34, Percent Change: +15.40

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rocket Lab Wins NASA Study Contract For Mars Mission: Details
Rocket Lab Wins NASA Study Contract For Mars Mission: Details
Oct 7, 2024
Rocket Lab USA, Inc. ( RKLB ) shares are trading higher premarket on Monday. The company disclosed that NASA has selected the company to conduct a study on retrieving rock samples from the Martian surface and returning them to Earth. This mission aims to address key solar system exploration objectives, enhancing the company’s understanding of Mars, potentially determining if life...
Ultragenyx's Setrusumab Receives FDA Breakthrough Therapy Designation
Ultragenyx's Setrusumab Receives FDA Breakthrough Therapy Designation
Oct 7, 2024
08:28 AM EDT, 10/07/2024 (MT Newswires) -- Ultragenyx Pharmaceutical ( RARE ) said Monday that the US Food and Drug Administration has granted breakthrough therapy designation for setrusumab to reduce the risk of fracture in patients with osteogenesis imperfecta. The designation covers treatment for patients aged two years and older with type 1, type 3 or type 4 osteogenesis imperfecta,...
Stellantis files new suits against United Auto Workers union
Stellantis files new suits against United Auto Workers union
Oct 7, 2024
(Reuters) - Chrysler parent Stellantis ( STLA ) said Monday it has filed eight additional lawsuits against the United Auto Workers and 23 union locals, saying the union has violated its contract by threatening to strike over the company's delays in planned investment. Stellantis ( STLA ) on Thursday had filed suit against the UAW and UAW Local 230 in...
OPKO Health's ModeX Receives $35 Million in Federal Funding for Covid, Flu Vaccine Development
OPKO Health's ModeX Receives $35 Million in Federal Funding for Covid, Flu Vaccine Development
Oct 7, 2024
08:29 AM EDT, 10/07/2024 (MT Newswires) -- OPKO Health ( OPK ) subsidiary ModeX Therapeutics said Monday it has been awarded an additional $35 million in funding under a contract with the US Department of Health and Human Services' Biomedical Advanced Research and Development Authority to develop Covid-19 and flu vaccines. The company said it will use the funding to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved