BlackSky Adds Seasoned Executive James Tolonen to Its Leadership Team

• Corporate Finance Leader to Join Geospatial Intelligence Company’s Board

BlackSky Holdings, Inc. a leading technology platform providing real-time geospatial intelligence and global monitoring, announced that James Tolonen will join its Board of Directors. Mr. Tolonen is a seasoned finance and business strategy advisor with significant experience advising high growth, public companies.

“Adding Jim to our experienced and varied Board of Directors will be instrumental to BlackSky’s next phase of growth”

“As an established market leader, BlackSky has demonstrated an outstanding pace of growth and innovation since its founding,” shared Mr. Tolonen. “I’m pleased to help guide BlackSky through the next phases of its business expansion as the company’s financial and operation needs become more complex.”

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Mr. Tolonen has advised a number of public companies, startups and nonprofits on a variety of growth, risk, life cycle and economic topics. Mr. Tolonen currently serves on the Board and as Chair of the Audit Committee of New Relic, a powerful cloud-based observability platform built to help companies create more perfect software. Mr. Tolonen was also chief operating officer and chief financial officer at IGN Entertainment, a video game and entertainment website. In addition, he previously served as CFO at BusinessObjects, an SAP company specializing in business intelligence.

“Adding Jim to our experienced and varied Board of Directors will be instrumental to BlackSky’s next phase of growth,” said Brian E. O’Toole, CEO of BlackSky. “His expertise will be valuable to delivering on our promise to provide customers with first-to-know insights and real-time intelligence. I look forward to working with him and fusing his unique perspective and strategic thinking into our decision-making.”

Mr. Tolonen will join the board upon the completion of BlackSky’s planned business combination with Osprey Technology Acquisition Corp.. BlackSky previously announced Dr. Magid M. Abraham and Tim Harvey will also join its board after the business combination is complete. BlackSky currently anticipates closing the transaction during the third quarter of 2021.