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Osprey Technology Acquisition Corp. SPAC Merger Partner, BlackSky, Sees Launch Of 2 Satellites On Rocket Lab's 20th Mission, Scheduled No Earlier Than May 15, 2021, To Deploy BlackSky's 8th, 9th Earth Observation Satellites

Author: Benzinga Newsdesk | May 06, 2021 08:41am

BlackSky, a leading provider of real-time geospatial intelligence and global monitoring services that recently announced a planned business combination with Osprey Technology Acquisition Corp. (NYSE:SFTW), today revealed it expects to launch two satellites on Rocket Lab’s twentieth mission, “Running Out of Toes.” The launch, which is scheduled to take place no earlier than May 15, 2021, will deploy BlackSky’s eighth and ninth Earth observation satellites.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210506005013/en/

BlackSky's constellation of imaging smallsats enables persistent monitoring of the global supply chain. In this example, BlackSky's satellites captured the Port of Los Angeles during the ongoing, historic level of congestion. Additionally, BlackSky's satellites imaged ships waiting at anchorage outside the port and Spectra AI aggregated recent news reports and other data elements to enable real-time monitoring and inform critical decision making, with timely alerts, as conditions change. Through BlackSky's Spectra platform, customers can monitor the world's economic activity all from the comfort of home. (Photo: Business Wire)

BlackSky’s constellation of imaging smallsats enables persistent monitoring of the global supply chain. In this example, BlackSky's satellites captured the Port of Los Angeles during the ongoing, historic level of congestion. Additionally, BlackSky's satellites imaged ships waiting at anchorage outside the port and Spectra AI aggregated recent news reports and other data elements to enable real-time monitoring and inform critical decision making, with timely alerts, as conditions change. Through BlackSky's Spectra platform, customers can monitor the world's economic activity all from the comfort of home. (Photo: Business Wire)

“BlackSky is expanding and scaling through a regular cadence of launches so we can consistently increase capacity to deliver first-to-know insights for our customers,” said Brian E. O’Toole, CEO of BlackSky. “Our established practice of rapid deployments and advanced commissioning process ensures customers can trust and rely on our network for access to real-time global intelligence.”

Once on orbit, the two Gen-2 satellites will continue to grow the BlackSky space network and enable BlackSky to provide more frequent revisits globally with heightened revisit capability in the 45-to-50-degree markets. As BlackSky expands its constellation, it will strengthen its ability to offer timely and relevant information on pattern-of-life anomalies, situational awareness, and commercial opportunities to its customers. The company’s geospatial intelligence solutions deliver analytics and insights for a range of government agencies and industries such as transportation, infrastructure, construction and supply chain management, as well as humanitarian sectors.

The “Running Out of Toes” mission is part of BlackSky’s multi-launch agreement with Spaceflight Inc. and Rocket Lab to launch nine high-resolution multi-spectral satellites by the end of 2021. The first of these nine satellites launched on March 22, 2021 and entered commercial operations within two weeks.

Posted In: SFTW