Backlog GrowthThe backlog has grown significantly to $390M, demonstrating strong traction year-to-date.
Contract WinsBlackSky has had numerous win announcements, including another extension of the EOCL contract, Luno B contract, a $100M+ contract with an international defense customer, and approximately $20M in contracts to support India’s Earth Observation industry.
Customer DemandImproved capabilities of the Gen-3 satellites, including higher resolution imaging, are driving new customer demand and should serve as a meaningful revenue catalyst.