BlackSky Technology

Blacksky Technology, Inc. engages in the provision of real-time geospatial intelligence, imagery and related data analytic products and services, and mission systems. It monitors activities and facilities worldwide by harnessing the world's emerging sensor networks and leveraging its own satellite constellation. The company was founded on June 15, 2018 and is headquartered in Herndon, VA.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q4 2024

BlackSky Technology reports strong revenue growth and profitability outlook

BlackSky Technology demonstrated robust financial growth in 2022, securing major contracts and achieving significant revenue increases.
While facing challenges in reaching positive adjusted EBITDA, the company's focus on margin improvement and cost management positions it for profitability in 2023.
With a strong revenue outlook, technological advancements, and international market opportunities, BlackSky is poised for continued success and expansion.

BlackSky Technology reports stellar Q1 results and aims for profitability

BlackSky Technology's Q1 2023 performance reflects robust revenue growth, operational efficiency, and strategic financial management.
While facing challenges in achieving profitability, the company's focus on EBITDA improvement and revenue growth signals a proactive approach to long-term success.
Overall, BlackSky Technology's strong financial position, revenue growth trajectory, and strategic initiatives position it well for future opportunities and sustained growth.

BlackSky Technology excels in Q2, eyes profitability and satellite innovation

BlackSky Technology's Q2 performance showcased revenue growth and operational improvements.
While facing challenges in certain revenue segments, the company is focused on achieving profitability.
The company's strong financial position and strategic initiatives position it well for future growth.
With a positive revenue outlook and technological advancements, BlackSky is poised for continued success.

BlackSky Technologies reports record Q3 revenues and positive outlook

BlackSky Technologies demonstrated robust financial performance in Q3 2023, marked by revenue growth, improved cost management, and positive net income.
While facing challenges such as capital expenditures and adjusted EBITDA losses, the company's strengths in contract bookings and revenue diversification provide a solid foundation for future growth.
Opportunities lie in upcoming satellite launches, industry recognition, and the potential for sustained profitability in Q4.
Overall, BlackSky's financial outlook remains positive, supported by a strong balance sheet and strategic growth initiatives.

BlackSky Technologies achieves record revenues, eyes global expansion and innovation

BlackSky Technologies had a remarkable year in 2023, marked by record revenues, international expansion, and positive EBITDA, setting a strong foundation for future growth.
The company's focus on innovation, AI capabilities, and global market presence positions them well to capitalize on opportunities in the satellite imaging and analytics sector.
While facing challenges in sustaining growth and navigating international markets, BlackSky's strategic initiatives and technological advancements offer promising prospects for continued success.

BlackSky Technology excels in Q1 2024, poised for sustained growth

BlackSky Technology's Q1 2024 performance reflects strong revenue growth, operational efficiency, and strategic advancements. With a focus on Gen-3 satellite production, AI capabilities, and government partnerships, the company is poised for sustained growth and market leadership in the space technology sector.

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Blacksky Technology, Inc. is a space-based intelligence company, which engages in the business of delivering real-time imagery, analytics, and high-frequency monitoring of most critical and strategic locations, economic assets, and events. The firm is also involved in providing geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems to government and commercial customers. The company was founded in 2014 and is headquartered in Herndon, VA.

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins competitive $24 million Air Force Research Laboratory contract for global moving target engagement.

BlackSky Wins Competitive $24 Million Air Force Research Laboratory Contract for Global Moving Target Engagement

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky nominated for 2023 Satellite Technology of the Year Award for BlackSky Spectra, the company's tasking, AI and automated analytics platform.

BlackSky Spectra® Nominated for Via Satellite's 2023 Satellite Technology of the Year Award

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky won a multi-million dollar U.S. DoD contract to collect and annotate thousands of burst images to train artificial intelligence models.

BlackSky Wins Multi-Million Dollar Contract in Support of U.S. Department of Defense Moving Target Study

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.13 per share a year ago.

BlackSky Technology Inc. (BKSY) Reports Q4 Loss, Tops Revenue Estimates

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter Financial Highlights: Revenue of $35.5 million, up 83% from the prior year quarter Imagery & software analytical services revenue grew 18% over the prior year quarter Cost of sales, as a percent of revenue, related to imagery & software analytical services improved to 17% from 24% in the prior ye.

BlackSky Reports Fourth Quarter and Full Year 2023 Results

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins $50 million in contracts for Gen-3 capabilities and services to accelerate sovereign space capabilities for Indonesian Defense Ministry.

BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss fourth quarter and full year 2023 financial results and its business outlook on Wednesday, February 28, 2024, at 8:30 a.m. EST. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast or the archived webcast following completion of the call, please click here or visit the company's investor relations we.

BlackSky to Host Fourth Quarter and Full Year 2023 Results Conference Call

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--IARPA selects BlackSky Spectra® software platform as leading space-based AI approach for bringing speed and scalability to broad area search mission.

IARPA Selects BlackSky Spectra® Software Platform as Leading Space-Based AI Approach for Bringing Speed and Scalability to Broad Area Search Mission

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky to provide Indonesian Defense Ministry with immediate access to real-time imagery and analytics via $1 million plus contract with PT Len.

BlackSky Wins Initial Task Order Exceeding $1 Million Against New Multi-Year Contract to Deliver Space-based Intelligence Capabilities to Indonesian Ministry of Defense

BlackSky Technology Inc. (NYSE:BKSY ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Aly Bonilla - VP of IR Brian O'Toole - CEO Henry Dubois - CFO Conference Call Participants Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - Benchmark Company Jeff Van Rhee - Craig Hallum Greg Mesniaeff - WestPark Capital Griffin Boss - B. Riley Securities FBR Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Third Quarter 2023 Earnings Conference Call.

BlackSky Technology Inc. (BKSY) Q3 2023 Earnings Call Transcript

Satellite imagery venture BlackSky delivered its first quarterly profit on Wednesday, as the company works to keep up momentum into the end of the year.

Satellite imagery company BlackSky ekes out first quarterly profit

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights: Revenue of $21.3 million, up 26% from the prior year period Imagery & software analytical services revenue grew 11% over the prior year quarter Cost of sales, as a percent of revenue, related to imagery & software analytical services improved to 23% from 26% in the prior year quarter “Incr.

BlackSky Reports Third Quarter 2023 Results

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky makes 2023 Deloitte Technology Fast 500™ list of America's fastest growing companies, growing revenue 377% from fiscal year 2019 until 2022.

BlackSky Makes 2023 Deloitte Technology Fast 500™ List of America's Fastest-Growing Companies

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins two contracts with legacy MoD customer for real-time imagery and analytics and to explore future multi-sensor space capabilities.

BlackSky Presses International Momentum with Back-to-Back Contracts for Legacy Ministry of Defense Customer

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss third quarter 2023 financial results and its business outlook on Wednesday, November 8, 2023, at 8:30 a.m. EST. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast or the archived webcast following completion of the call, please click here or visit the company's investor relations website at http://.

BlackSky to Host Third Quarter 2023 Results Conference Call

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins Air Force research contract to track vehicles in real time from space and securely distribute intelligence to remote devices worldwide.

BlackSky Wins Air Force Research Contract to Track Vehicles in Real Time from Space

BlackSky Technology Inc. is positioned for growth in the geospatial analytics sector with its innovative technology and potential to disrupt the industry. The company's unique features, such as its satellite constellation and high-frequency, real-time insights, make it a compelling offering. While there are risks, such as a small scale and concentrated client base, the company's financials, contract backlogs, and prospects make it an attractive investment in the geospatial intelligence sector.

Is BlackSky Technology Undervalued? The Case For Investing In Geospatial Intelligence

NEW YORK , Aug. 30, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of BlackSky Technology Inc. (NYSE: BKSY). If you are a shareholder of BlackSky Technology Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/blacksky-technology-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating BlackSky Technology Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

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