BlackSky signs five-launch deal with Rocket Lab

BlackSky Technology (BKSY) and Rocket Lab (RKLB) signed an agreement to buy a block of five launches that will increase capacity and introduce new capabilities into BlackSky’s rapid-revisit, high-res constellation. “We continue to see strong, growing demand for our high-frequency, low latency offering from our current and next generation constellation especially for defense and intelligence customers who need real-time, on-demand intelligence in support of critical missions,” said Brian E. O’Toole, BlackSky CEO. “With these launches BlackSky will replenish, replace, and expand on-orbit capacity, introduce Gen-3 capabilities, and further enable BlackSky to meet the demands of the most time-dominant missions. This commitment follows a series of accomplishments with Rocket Lab that have demonstrated agility in deploying capacity where and when our customers need it most.”