BlackSky Technology (BKSY) Launches Third Gen-3 Satellite for Real-Time, AI-Powered Geospatial Intelligence

BlackSky Technology Inc. (NYSE:BKSY) ranks among the best AI stocks to buy according to analysts. On December 17, BlackSky Technology Inc. (NYSE:BKSY) stated that it had successfully brought its third Gen-3 satellite into commercial operations, only three weeks after debut. The satellite incorporation represents a considerable increase in commissioning speed when compared to earlier launches, with the company noting that although its first Gen-3 satellite took five days to give early imagery, both of the subsequent units delivered imagery in just twelve hours.

Just over a month ago, BlackSky Technology Inc. (NYSE:BKSY) showed off its Gen-3 satellite capabilities at the Dubai Airshow by collecting a high-resolution image of a formation of L-15 planes during a live air show. The company claimed that its AI-powered analytics spotted every aircraft in the image, demonstrating what the company calls “real-time, space-based intelligence: enabling faster insight, greater situational awareness, and mission-ready analytics.”

BlackSky Technology Inc. (NYSE:BKSY) stated that it intends to continue extending its constellation at a regular rate, with each new Gen-3 satellite designed to boost capacity, reduce latency, and improve flexibility for customer applications.

BlackSky Technology Inc. (NYSE:BKSY) offers a range of products and services related to geospatial intelligence, imagery, and data analytics, as well as mission systems.

While we acknowledge the potential of BKSY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BKSY and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.