HomeUSANRO announces satellite imagery contracts to Maxar, Planet, BlackSky

NRO announces satellite imagery contracts to Maxar, Planet, BlackSky

Maxar collected new satellite tv for pc imagery of the southern Ukrainian port metropolis of Berdyansk that reveals a Russian Alligator-class touchdown ship that’s burned and partially submerged close to one of many ports loading/unloading quays.

Maxar Applied sciences | Getty Photographs

The Nationwide Reconnaissance Workplace on Wednesday introduced contracts price “billions of {dollars}” over the following decade to a trio of satellite tv for pc imagery corporations: Maxar, Planet and BlackSky.

Maxar, in a securities submitting, mentioned its 10-year EOCL contract is price as much as $3.24 billion – with a 5 12 months base contract of $1.5 billion and elective contracts price as much as $1.74 billion. BlackSky’s contract is price as much as $1.02 billion over 10 years, the corporate disclosed in a submitting.

NRO touted the contracts as “a historic enlargement” of its acquisition technique, noting that the growing availability of business corporations’ imagery “will increase our resilience and allows an built-in method” to nationwide safety. The NRO is the U.S. company that manages a breadth of satellite tv for pc intelligence capabilities, together with working its personal categorized satellites.

BlackSky shares jumped as a lot as 69% in buying and selling whereas Planet’s rose 10% and Maxar’s climbed 14%, from the shares’ earlier closes of $1.18 a share, $5.02 a share, and $24.48 a share, respectively.

A picture from one of many firm’s satellites exhibits Decrease Manhattan in New York Metropolis.


The NRO award comes beneath its Electro-Optical Industrial Layer, or EOCL, program, which the intelligence company says will help over half-a-million federal customers over the following decade.

The EOCL deal has been long-awaited, with Maxar beforehand serving because the NRO’s sole supplier of commercially-acquired satellite tv for pc imagery. Whereas Maxar could also be dropping a profitable monopoly, Wall Street analysts do not expect the new competition to hurt the company – with the whole addressable marketplace for satellite tv for pc imagery having grown.



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