BlackSky (BKSY) Technology won the next phase of a competitive U.S. Navy research contract to further develop optical inter-satellite link terminal applications for its Gen-3 constellation. Under the agreement, BlackSky will explore hardware and software design adaptations and establish new protocols for data movement. The optical inter-satellite link terminals are expected to increase the speed at which high-volume space-based data travels directly between satellites before downlinking to ground stations.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKSY:
- BlackSky price target raised to $28 from $18 at Lake Street
- BlackSky wins contract with Latin American defense, intelligence customers
- BlackSky Technology Completes $185M Convertible Notes Offering
- BlackSky price target lowered to $27 from $28 at Canaccord
- BlackSky downgraded to Hold from Buy at Clear Street