10:18 AM EST, 02/25/2025 (MT Newswires) -- BlackSky Technology ( BKSY/WS ) 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 ( BKSY/WS ) 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 ( BKSY/WS ) were down more than 3% in recent Tuesday trading.

Price: 14.43, Change: -0.60, Percent Change: -3.97