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Satellite imagery firms Maxar, Planet and BlackSky win huge contracts from government intel agency

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Maxar collected new satellite imagery of the southern Ukrainian port city of Berdyansk that reveals a Russian Alligator-class landing ship that is burned and partially submerged near one of the ports loading/unloading quays.
Maxar Technologies | Getty Images

The National Reconnaissance Office on Wednesday announced contracts worth “billions of dollars” over the next decade to a trio of satellite imagery companies: Maxar, Planet and BlackSky.

BlackSky shares climbing as much as 27% in trading while Planet’s rose 5%, from the stocks’ previous closes of $1.18 a share and $5.02 a share, respectively. Trading in Maxar’s stock was halted by the New York Stock Exchange shortly before the announcement was released.

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