Partnership Agreement between Telespazio, Thales Alenia Space and Spaceflight Industries for the development of the BlackSky constellation
- a minority investment in Spaceflight Industries, which through its BlackSky business, has developed a geospatial platform and plans to built and operate a constellation of 60 small high-resolution observation satellites featuring very short revisit times.
- the creation of an industrial Joint Venture in the United States between Thales Alenia Space and Spaceflight Industries specialized in the production of small satellites.
- the implementation of a Joint Cooperation and Marketing Agreement between Telespazio and BlackSky enhancing their respective product and analytics portfolios on the market.
“This partnership reflects the ‘new space’ transformation strategy being implemented by Thales Alenia Space, with the ultimate aim of becoming a major manufacturer of small observation satellites constellations featuring short revisit times, both in Europe and the United States,” said Jean-Loïc Galle, President and Chief Executive Officer of Thales Alenia Space.
“This joint cooperation and marketing agreement gives both Telespazio and Blacksky a strong market boost to access leading markets in the geoinformation domain with highly innovative products,” added Luigi Pasquali, Chief Executive Officer of Telespazio.
“This partnership with two leaders in the European space industry accelerates our BlackSky business plan by funding our constellation, minimizing our constellation production risk, and reducing our time to market within key market segments.” said Jason Andrews, Chairman and Chief Executive Officer of Spaceflight Industries.
The Earth observation market is undergoing constant changes, with an increasing focus on requirements that combine high resolution and much shorter revisit times. Thales Alenia Space, Spaceflight Industries and Telespazio are combining their strengths to offer a constellation of small satellites that will be deployed in conjunction with a smart ground segment to offer services at very competitive prices by calling on massive and automated data/image processing. The upshot is a disruptive product, designed not only for traditional customers in the commercial observation market, but also to support the development of new vertical B2B markets, such as mining, energy, transport, finance, agriculture, industry and environment, and even B2C.
The agreement will be finalized pending all required regulatory authorizations.