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

In this article




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.

This story is developing. Please check back for updates.