BlackSky secures $50 million loan from Intelsat
Posted: Fri, Nov 15, 2019, 5:27 PM ET (2227 GMT)
BlackSky announced Tuesday it has secured a $50 million loan from Intelsat for its geospatial data system. BlackSky said the Intelsat funding will finance its infrastructure and product development for commercial and government customers. BlackSky is developing a constellation of imaging satellites, whose data will be used to create information products. BlackSky and Intelsat are also establishing a commercial partnership to jointly develop data and imagery products to be distributed via Intelsat's communications services, while Intelsat will gain access to new markets and customers that will be moving content through their networks,
BlackSky announced Tuesday it has secured a $50 million loan from Intelsat for its geospatial data system. BlackSky said the Intelsat funding will finance its infrastructure and product development for commercial and government customers. BlackSky is developing a constellation of imaging satellites, whose data will be used to create information products. BlackSky and Intelsat are also establishing a commercial partnership to jointly develop data and imagery products to be distributed via Intelsat's communications services, while Intelsat will gain access to new markets and customers that will be moving content through their networks,
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Saturday, June 20
The first ‘Made in Belgium’ Commercial Satellite for the Democratic Republic of the Congo: a Landmark Contract for Spacebel
Spacebel — 11:50 am ET (1550 GMT) KP Labs and NaviGate explore onboard autonomy opportunities through navigation and edge processing technologies
press release — 11:04 am ET (1504 GMT) AAS Honors Reps. Don Bacon and Judy Chu with Award for Public Service to the Astronomical Sciences
American Astronomical Society — 11:00 am ET (1500 GMT) MDA Space buying U.S. company Blue Canyon Technologies
Canadian Press — 6:56 am ET (1056 GMT) MDA Space Buys RTX’s Satellite Unit Blue Canyon Technologies
Aviation Week — 6:56 am ET (1056 GMT) |
