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

Earnings data Q1 2022

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky Technology Inc. (NYSE: BKSY) released the first and only known public satellite image, according to a third-party intelligence analyst, of an alleged aerostat at the Korla East Test Site, China. The rare image was captured Friday, November 4, 2022, at 9 a.m. local time and is one of only two images, from among more than 1,000 images collected over the duration of one year, that shows a likely airship on the ground. “BlackSky has permanently changed how hu.

BlackSky Releases Rare Satellite Image of Alleged Airship on Runway at Veiled Military Base in China

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky Technology Inc. (NYSE: BKSY) reseller Telespazio Ibérica will deliver Spain's first-ever high-cadence, low-latency rapid emergency imagery service to the Government of Aragon and the Geographic Institute of Aragon (IGEAR). “BlackSky's ability to monitor rapid change over time gives local government leaders strategic assurance and incident commanders tactical confidence when they need it most,” said Brian E. O'Toole, BlackSky CEO. “Real-time situational aw.

BlackSky Reseller Telespazio to Provide Spain's First Ever High-cadence, Low-latency Imagery Service for Disaster Response

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss first quarter 2023 financial results and its business outlook on Wednesday, May 10, 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://ir.

BlackSky to Host First Quarter 2023 Results Conference Call

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky successfully commissioned two new satellites, began revenue-generating commercial operations within 18 hours of “The Beat Goes On” launch.

BlackSky's New Satellites Complete Commissioning, Enter Revenue-Generating Operations Within 18 Hours

Rocket Lab USA

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today announced it has successfully launched its 35th Electron rocket, deploying two multi-spectral Gen-2 satellites to low Earth orbit for BlackSky (NYSE: BKSY) through launch services provider Spaceflight, Inc.

Rocket Lab Successfully Launches 35th Electron Seven Days After Previous Launch, Sets New Company Record for Fastest Launch Turnaround

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky selected by National Reconnaissance Office to explore commercial hyperspectral imagery capabilities.

BlackSky Selected by National Reconnaissance Office to Explore Commercial Hyperspectral Imagery Capabilities

LONG BEACH, Calif.--(BUSINESS WIRE)---- $RKLB--Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, announced that it will launch a pair of satellites on a dedicated Electron mission for BlackSky (NYSE: BKSY) through global launch services provider Spaceflight, Inc., during a launch window opening March 22, 2023 UTC.

Rocket Lab to Launch Pair of Satellites for BlackSky from New Zealand Just Days After Successful Launch from Virginia

BlackSky issued mixed "earnings" this morning, with losses better than estimates but sales falling short. BlackSky doubled its sales in 2022 and expects to grow by double digits in 2023.

Why BlackSky Stock Died Today -- Then Got Better

BlackSky Technology Inc. (NYSE:BKSY ) Q4 2022 Earnings Conference Call March 7, 2023 8:30 AM ET Company Participants Aly Bonilla - Vice President of Investor Relations Brian O'Toole - Chief Executive Officer Henry Dubois - Chief Financial Officer Conference Call Participants Josh Sullivan - The Benchmark Company Jaeson Schmidt - Lake Street Scott Deuschle - Credit Suisse Edison Yu - Deutsche Bank Austin Moeller - Canaccord Genuity Griffin Boss - B. Riley Securities Caleb Henry - Quilty Analytics Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Fourth Quarter 2022 Earnings Conference Call.

BlackSky Technology Inc. (BKSY) Q4 2022 Earnings Call Transcript

Earth imaging company BlackSky Technology Inc shares slumped Tuesday despite reporting a narrowing fourth-quarter loss, as investors reacted warily to the firm's guidance.  The Virginia-based company reported an adjusted EBITDA loss of $4.6 million for the period, smaller than its $6.5 million third-quarter loss.

BlackSky Technology stock slows as 2023 guidance dampens 4Q progress

Satellite imagery specialist BlackSky announced a multiyear defense contract worth over $150 million for an unnamed international government customer.

Satellite imagery company BlackSky sees quarterly losses slow as it adds another military contract

The Earth imaging company expects to generate about $93 million in 2023 sales. Wall Street was looking for about $106 million.

BlackSky Stock Surges, Shrugging Off Sales Shortfall at the Space Start-Up

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky won a $150+ million competitive bid for space-based tactical GEOINT services with an international Ministry of Defense customer.

BlackSky Wins $150+ Million Competitive Bid For Space-Based Tactical GEOINT Service With International Ministry of Defense

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #capital--BlackSky Technology Inc. (NYSE: BKSY) (“BlackSky” or the “Company”) announced it has entered into definitive agreements with a syndicate of new and existing institutional investors for the issuance and sale of 16,403,677 shares of the Company's Class A common stock (“common stock”) and warrants to purchase up to an additional 16,403,677 shares of common stock in a private placement offering. The per share purchase price is $1.

BlackSky Announces $29.5 Million Private Placement Financing

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, 2022. Fourth Quarter Financial Highlights: Revenue of $19.4 million, up 69% from the prior year period Imagery & software analytical services revenue grew 196% over the prior year's quarter Capital expenditures of $9.7 million Full Year Financial Highlights: Revenue of $65.

BlackSky Reports Fourth Quarter and Full Year 2022 Results

BELLEVUE, Wash.--(BUSINESS WIRE)--Spaceflight Inc., a premier launch and in-space transportation services provider, announced it will launch two BlackSky (NYSE: BKSY) satellites aboard Rocket Lab's next mission called “The Beat Goes On,” from Mahia, New Zealand. The spacecraft, now in New Zealand for the final stage of integration, were manufactured by U.S.-based satellite maker LeoStella, and co-engineered with BlackSky.

Spaceflight Inc. Readies BlackSky Satellites for Upcoming Rocket Lab Launch

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky Technology Inc. (NYSE: BKSY) CEO Brian E. O'Toole was nominated for the most prestigious award in the satellite industry, Via Satellite's 2022 Satellite Executive of the Year Award. Nominees are chosen for durable contributions made to the global satellite market including innovative technologies, best practices, important services, or any combination of these. Likewise, it recognizes lasting contributions of their achievements.

BlackSky CEO Brian E. O'Toole Nominated for Via Satellite's 2022 Satellite Executive of the Year Award

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss fourth quarter and full year 2022 results and its business outlook on Tuesday, March 7, 2023, at 8:30 a.m. ET. A press release with BlackSky's financial results will be released in advance of the conference call that same day.

BlackSky to Host Fourth Quarter and Full Year 2022 Results Conference Call

Here is how BlackSky Technology Inc. (BKSY) and Cap Gemini SA (CGEMY) have performed compared to their sector so far this year.

Has BlackSky Technology (BKSY) Outpaced Other Business Services Stocks This Year?

TUKWILA, Wash.--( BUSINESS WIRE )--LeoStella, a U.S.-based, specialized satellite design and manufacturing company, has appointed aerospace and technology industry leader Tim Kienberger to succeed Mike Hettich as CEO. Hettich has retired from LeoStella after leading the company since 2019.

Tim Kienberger appointed CEO of LeoStella

The company is differentiating itself by offering real-time intelligence solutions. BlackSky Technology is getting more wins, but questions remain as to how far its current cash position can take it.

BlackSky Technology: Struggling To Outpace Its Spending Needs

HERNDON, Va.--( BUSINESS WIRE )--BlackSky Technology Inc. (NYSE: BKSY) management team will participate in three upcoming investor events:

BlackSky to Participate at the Credit Suisse and Morgan Stanley Investor Conferences

HERNDON, Va.--( BUSINESS WIRE )--BlackSky Technology Inc. (NYSE: BKSY) received notification that the ceiling value of the five-year Indefinite-Delivery/Indefinite-Quantity contract with the National Geospatial Intelligence Agency for economic indicator monitoring was increased from $30 million to $60 million.

BlackSky: National Geospatial Intelligence Agency (NGA) Doubles Value of Five-Year Economic Indicator Monitoring Contract to $60 Million

Blacksky Technology, Inc. (NYSE:BKSY ) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Aly Bonilla - VP, IR Brian O'Toole - CEO, President & Director Henry Dubois - CFO Conference Call Participants Joshua Sullivan - The Benchmark Company Scott Deuschle - Crédit Suisse Edison Yu - Deutsche Bank Austin Moeller - Canaccord Genuity Caleb Henry - Quilty Analytics Colin Canfield - Barclays Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

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