Top 10 Trending AI News Updates That Investors Likely Missed

6. BlackSky Technology Inc. (NYSE:BKSY)

Number of Hedge Fund Holders: 10

BlackSky Technology Inc. (NYSE:BKSY) is a provider of an advanced space-based intelligence platform that enables real-time satellite imagery, analytics, and high-frequency monitoring of economic assets, important locations, and global events. The company utilizes AI-enabled systems for object detection, geospatial data processing automation, and extraction of actionable intelligence at machine speeds.

On February 25th, BlackSky Technology Inc. (NYSE:BKSY) announced it secured a multimillion-dollar Defense Innovation Unit Gen-3 Tactical GEOINT (TACGEO) launch integration contract, expanding on previous US government-funded R&D efforts to develop next-gen space-based tactical ISR capabilities. Under the contract, BlackSky Technology Inc. (NYSE:BKSY) will support end-to-end activities, including hardware and systems integration, launch site management, and commissioning services.

“BlackSky is on a mission to push the transformative advantage of space-based, real-time intelligence to the farthest corners of the battlefield. When combined with our BlackSky Spectra® platform, our Gen-3 constellation will deliver a next level of performance with low-latency AI-enabled analytics while a mission is ongoing.”

-said Brian O’Toole, CEO of BlackSky Technology Inc.