BlackSky Technology Shares Rise on Imagery Contract From EMDYN

Dow Jones

Feb 05

By Josh Beckerman

Shares of BlackSky Technology rose as the space-based intelligence company said it received a multiyear contract from EMDYN to deliver space-based imagery services to international defense customers.

The stock was up 15% to $17.48 Tuesday and is up about 59% this year.

Last week, BlackSky reported a contract of more than $100 million from a "long-term strategic partner in the international defense sector."

The company said on Jan. 16 that it was selected as one of the vendors in a $200 million project for the National Geospatial-Intelligence Agency.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

February 04, 2025 13:03 ET (18:03 GMT)

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