Ursa Space Offers Blacksky EO Satellite Imagery Through New Agreement

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Ithaca, NY — July 27, 2021 — Ursa Space Systems (Ursa Space) customers can now access BlackSky’s high quality 1-meter resolution electro-optical (EO) imagery, thanks to a new agreement between the two companies.

BlackSky Ursa

Ursa Space, a leading satellite-analytics-as-a-service company, will make the EO imagery available on its Image Services platform, offering an additional outlet for acquiring BlackSky products.

“BlackSky is a valued partner with whom we’ve worked together on a number of  projects. We’re very pleased to offer access to their high quality capabilities while continuing to build strong partnership and business together,” said Adam Maher, Founder & CEO, at Ursa Space.

“Having Ursa Space as our partner expands customer access to our imagery products as well as the insights that can be drawn from them,” said Brian O’Toole, CEO of BlackSky.

The addition of BlackSky strengthens Ursa Space’s Virtual Constellation, which comprises top performing SAR, EO, and RF satellite data partners. Ursa Space offers customers robust and diverse imagery tasking services along with an extensive catalog of archive imagery, complementing its advanced analytic products and earth observation insights based on data obtained from the Virtual Constellation. The multiple daily revisits offered by BlackSky and on-demand tasking service will further enhance these offerings.

BlackSky’s constellation of imaging smallsats enables persistent monitoring of the global supply chain. In the example below, BlackSky’s satellites captured the Port of Los Angeles during the ongoing, historic level of congestion. Additionally, BlackSky’s satellites took images of ships waiting at anchorage outside the port.

Port of LA

BlackSky is rapidly expanding its satellite constellation for improved coverage and revisit times. With seven satellites currently in operation, BlackSky expects this number to increase to 14 by the end of 2021, to 23 by the end of 2023, and to the full constellation size of 30 by 2024, enabling a target revisit rate of taking an image anywhere on Earth every 60 minutes. This expansion of capabilities will be made available to Ursa Space customers.

Today’s Gen-2 satellites are roughly the size of a mini fridge and weigh 50 kilograms. The data collected support applications that include change detection products, pattern-of-life anomalies, situational awareness, and insights across economic, maritime, humanitarian, national security and various other market verticals.

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Press Contact

John Hornsby, Ursa Space Systems – info@ursaspace.com

Cautionary Statement Regarding Forward-Looking Statements

This document contains certain forward-looking statements within the meaning of the U.S. federal securities laws. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

About Ursa Space Systems:

Ursa Space is a U.S.-based satellite-analytics-as-a-service company that provides business and government decision-makers access to on-demand analytic solutions. Through its radar satellite network and data fusion expertise, Ursa Space detects real-time changes in the physical world to expand transparency. The company’s subscription and custom services enable clients to access satellite imagery and analytic results with no geographic, political, or weather-related limitations. Based in Ithaca, NY, Ursa Space was founded in 2014 by leaders in the satellite and software fields with the vision to unlock the potential of data and insights derived from radar satellite imaging.

For more information visit www.ursaspace.com

About BlackSky:

BlackSky is a leading technology platform providing real-time geospatial intelligence and global monitoring. BlackSky monitors activities and facilities worldwide by harnessing the world’s emerging sensor networks and leveraging its own satellite constellation. BlackSky processes millions of data elements daily from its constellation as well as a variety of space, IoT, and terrestrial based sensors and data feeds. BlackSky’s on-demand constellation of satellites can image a location multiple times throughout the day. BlackSky monitors for pattern-of-life anomalies to produce alerts and enhance situational awareness.

BlackSky’s monitoring service, Spectra AI, is powered by cutting-edge compute techniques including machine learning, artificial intelligence, computer vision, and natural language processing. BlackSky’s global monitoring solution is available via a simple subscription and requires no IT infrastructure or setup.

On February 17, 2021, BlackSky entered into a definitive agreement for a business combination (the “Merger Agreement”) with Osprey Technology Acquisition Corp. (NYSE: SFTW) that would result in BlackSky becoming a publicly listed company.

For more information visit www.blacksky.com

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