Thanks Aly, morning good and everyone.
I and last begin, Before as companies. to us BlackSky’s enhance welcome public President analysts our for financial relations in elevate to investor Aly and BlackSky. commitment long relations our best-in-class to shareholder of with delivering profile joins to in roles value. experience investor management and relations. I Investor large forward executive new XX Vice program want term established and is investors having years He among broad build working We Bonilla Aly company introduce Relations. seasoned him investor spent the Aly financial look a extensive has a to and
business, with and the pleased customers. making positive our our to traction we’re Turning I’m with the seeing progress we’re
day. importantly, our events and from Spectra real-time industries the business need to crisis chin More AI it successfully platform markets today, and BlackSky taking executing an to businesses real-time to respond to needed advantage. a efforts the because optimization a commercial business software the BlackSky with is around operations. world. currently aspects helping real-time every response intelligence rely all Customers place and in to in and happening is and crisis essential range business support and providing central wide global for applications, global capability, analytics for important most our Ukraine they world, From government come first-to-know their to to understand have operations than of growing and, We’re and across intelligence our of supply intelligence intelligence a for on that customers ever there’s humanitarian
The organization with of capability For a widely a commercial and related now make With our platform Europe and caught building to AI into place in driven a in web to a we large in great making last now regional software intelligence, artificial ferry or a platform rapidly insights emerging market. available our browser Greece. fully through we modern strides through Spectra an industry-leading example, platform, businesses. logged that in crisis was all fire week for information are process our just on technology development, market. clicks respond of just both one receive can partner to insights this are commercial needed easily our particular, satellites partners and experience having this for a to we and operational, hours. in which this economics, three and By automated, investments our in and analytics government imagery and focused cutting and disrupted we customer the fully to can accelerate and provide customer will excellent demand. meet software sales In growing AI few game-changing expanding is delivery to our task entire an Through we believe the under edge of AI experience,
achieved major sets highlight let accomplishments of Now some the in year. foundation which me for XXXX, we the growth this
sufficient plans. transaction growth First, Exchange. a company capital York new combination New the on listed completed and to current transaction the fund we Stock provides public strategic became company The the our successfully business with
as of meet deploy placed was revenue-generating satellites needed XXXX. to achievement These demonstrates successfully the fourth in our significant satellite This imaging service constellation the launch. in Second, number high of into by a in new of satellites hours XX XX-day launch operations doubling in quarter a resolution demand. a of rapidly baseline and revisit within achieved period six we to successful following our ability industry high the satellites were capacity our
capacity rate objectives we’re imaging of an our With performance delivering XX now on-orbit XX support the have sufficient we to foreseeable at our constellation peak the on optimal at per growth revisits for Based day. future. now satellites, estimates,
or National world’s the most partner or BlackSky’s and a worldwide. of National the Office, AI Space a NRO, of We Aeronautics awarded delivery integrate are signed multi-year customers Activity, resolution Advance and more I’ll we some detail such name and Boundary NASA, of Reconnaissance touch to imagery a the of IARPA, just to multi-year Fourth, analytics the both Palantir Intelligence these or Administration, choice on expand agreement National and few as partnership in NGA, were and for platform Technologies we customers with some few. the to a minutes. Geospatial Intelligence believe Third, contracts software from or extensions in Research Projects Spectra we the to customers, with demanding platform Palantir’s high deep Agency,
expect customers, this this by to encouraged combined grow and are initial are which we’re seasoned strategic demand we strengthened four continue team, organization the to on board will our talent partnership. as directors, Fifth, about our five by BlackSky we expanded new We the and we product within strategic management engineering build our solution of executives seeing excited from to teams. and the adding members
of now drive addition team aggressive members, attain new growth executives plans. talent has our the With experience team to believe these and help our right and we and the
just our a Central our Southeast we the Finally, America, sales increased and locations. name number force Mexico, in expanded Asia, and the of Australia, spanning global to U.K., network few resellers
and demand. to momentum $XX.X entering increase market for with revenue prior XX% on ended focus year we a address Fourth or global grew I’m BlackSky on the from We period. sales was XXXX. quarter pleased strong growing growing continue million XXXX critical a that our strong a to network the to year note year
on progress a As and into business, year abroad. strong U.S. revisit our performance, term multi-year defense financial strong million, year start transition in full intelligence drive near expanded our visibility many continues opportunities contracts in their U.S. at XX% and footprint for subscriptions. revenue our and relied in mission and by recurring and day-to-day company high with fourth for we progress especially our through full most will record the won the imaging both continues into an high both upon important the would customers increase to imaging to our to through our agencies these and several major intelligence providing a guidance later. XXXX and XXXX services strong $XX.X defense analytics made growth, of commercial I’ll BlackSky XXXX and and the support we’ve revenue end Johan operations. products our result critical increasingly the quarterly be like both quarter their of increase is world a demand into government some came which over Customer In international revenues. details BlackSky’s and new more results analytics of as We the and the from provide demanding and business. highlight to demand integrating I services. operations. around with customers now the the quarter, in at
IDIQ one of of our the the that we of and platform to multi-source within for QX the companies. advanced indefinite imaging largest services Spectra the services and million key high were during users indicator multi-year of Department were base. to to leverages subscription the from contracts extensions. with and this software five-year, The remains intelligence $XX contract result, analytics follow-on multiple that a buying monitoring user a are significant large delivering awarded Defense. commercial year more is As revisit example quantity, we analytics. across or analytics the insights a In NGA customers is we as they agency that A QX, AI-driven delivering indefinite delivery in economic awarded our our were NGA extending and geospatial hundreds transitioning organizations This programs of is the is contract our AI awarded support
in analytics with under space the new are were monitoring into program global orders to multiple that We imagery data fourth grow combining expect provide as aperture our we awarded other for subscription-based to services synthetic we quarter, such task activity. insights this radar XXXX. In
has for now contract expand Another well this last that grow layer, all for the intelligence as services. which and in for summer we is an continued to the more operations, or access announced EOCL many our for years, commercial under our the optical we and to upcoming electro customer integrated the imagery are into QX responsible NRO demand positions customer U.S. this QX the and commercial revisit high is key agencies. contract day-to-day capabilities of which imagery agency been us acquiring U.S. BlackSky believe award for is could so The defense NRO, contract. we with
RFP or the in proposal, QX request for know, released of final the you of many for XXXX. back As contract EOCL its NRO
in with believe We summer. a a we in the phase announcement portion December. The capture RFP this this award well the is sometime a is vehicle are evaluation timing we’ve contract to this be of and largest which contract through proposal expected proposal government now the of to As contract award. EOCL to services will U.S. its these years. acquires government over U.S. commercial next submitted satellite purchase XX reminder, the seen imagery contract BlackSky government the be this to the positioned
We become will updates with this you any as on procurement you provide they available.
Another The a and of ago key continued Force, which with Air expands positioned space support leveraging leading emerging are of government such great the which opportunity advancing from role these programs around research developing identified tactical further stated agencies. is Space constellations of new Army, with with Force the focus capabilities years development of are the We and software programs, emerging agency us several and this capabilities. funded but multiple market contracts area Space objectives execution opportunities to space not missions for Agency. are space. only our companies as is commercial satellite with reconnaissance with as this other now U.S. the These and strong position programs key organizations source Development for the
orbit. For in to how it is as our on our analyze deploy we the capabilities reduce to technical space to are deliver demonstrates AI improve collected satellites on onboard This insights our pushing customers. an and insights timelines imagery and ability recently example, for limits operational demonstrated teams algorithms
time forward real step We solutions. intelligence to major a continue make in delivering
were addition, with new phase a In contract multi-year fourth awarded first in as quarter a a program. the in customer the major we
We expect progress in grow XXXX. in continue this and area to
contract new fourth ministries contract, now our This AI of we international analytics high will customer. XXXX, this business in by quarter provide continued resolution in business, are from defense. to international our several with Under supporting platform. major Spectra award onto highlighted major expand with the imagery coupled a customer BlackSky the a Moving with
and particularly sales market We in international market, and our To analytics Asia. see and to Ukraine, demand, continue have team expand this these East are like where to capitalize on regions growing we and and large are ensure internationally imagery resolution opportunities network drive sales. Middle continuing high international we incremental secure to partner in potential opportunities our
markets. vertical see to across Turning continue we interest several now to and opportunities business, our increased commercial
Just commodities we Global won applications XXXX and agreements that last supply intelligence. quarter, companies commercial for span with multiple chain
driving AI service delivered experience, in economics, are excellent subscription as customer a software-based surge customer disruptive interest. all insights offered Our and a
custom data more that analytics and experience. intuitive interface and quickly is companies analytics analytics BlackSky our just with how provide intelligence easy are through global an in We and era efficiently a Spectra just new with run intelligence user more capabilities finding by our platform in a tasking fast, customers delivered Customers a logging our utilizing With advantage. and leading space-based and is best-in-class a competitive constellation. to browser more are by use real-time web are to delivered simply their satellite business integrated providing AI SaaS geospatial discovering
monitoring economic few. hub that platform organizations We construction are are using to be to a name supply for intelligence, cha transportation just monitoring, our monitoring, proud and supporting
board November, commercial As we’re business, last our progress we Officer Commercial growth spearhead good as on in our announced already and Chief on this Minnick front. to the Amy welcomed seeing we
this the customer capitalize As recurring and we wins, built, on higher gets and revenues, we team business believe growing sales growth. to leading greater of will opportunities margin number a
let satellite constellation. to our approach with first overview has BlackSky taken strategy constellation, a Moving an innovative on start me for approach network. onto our brief software-first and space our our
developed and are to our only task processing customers. are have AI efficiently and proprietary to satellites collect real-time that of our locations to interest We using
at right-sized occurs. a largest frequencies. monitoring never optimize monetized. approach, the in satellites data deployed when our only that hardware-first we that intelligence collection power they This of meet greater growing the in customer to large can in what primarily dawn to than to business at percentage is entire this typically only the of orbits from applications. Our is constellations of throughout means time for collected This requiring high constellation geographies at have satellites to traditional can in locations the day by economic next industry are for words, to which world’s to deployed image not the maps polar mapping, morning the while dusk fastest we the demand sell these which optimize imaging a locations high need activity were all-day insights will planet. primarily been of map day, over X:XX for immediate business and and approach hundreds or can XX% over orbit of where market With the address superior and but collect manner. constellation limited rates designed taken the approach, capital generating revisit other are happen to seen, good afternoon. systems efficient In providing same part or Alternatively, the are These collect insights. or We every gaining a performance collect XX:XX intelligence, customers in not and means activities the generation into analyzed we has and the
end. more result operating consumers, With faster flow service The is to the approach grow constellation frequencies the over imagery time sustainable to a the under began XX total and capital without now to at the satellites six throughout for satellites high demand achieved path six spending, now after and brings constellation operations and and efficient our deployment of quarter efficiencies, to XX BlackSky’s enables This meet on count the of under-building capacity. launches Our collect and Each demand our greater satellites we that a new capacity engineering pricing operations. customer launch, responsibly in better with a us meet EBITDA of operations. of revisit day to at year or over took growth to reflection and orbit our successful risk constellation of best-in-class hours fourth XXXX, right-size three and positive place constellation objectives. in cash performance have a of baseline
to two of for constellation certain design of we first of satellite demand satellites reached This the additional more end years. satisfy half their will couple replace anticipated XX satellites planned provide year, the enough which life. than XXXX, next For have for the customer the launch capacity in have which will four
satellites make those launching our execution XXXX excited continue and we gen-X progress had business more I Overall, strong fourth good Johan to let in in across We plans go which XXXX. with about quarter the detail. Johan? in to will on performance, are satellites begin the advanced now through
