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 Q1 2023

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Earnings data Q1 2024

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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.

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

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky Technology Inc. (NYSE: BKSY) released a sixty-image collection captured over Khartoum, Sudan, showcasing the never-before-seen scale of operational complexity associated with the evacuation of international civilians and key personnel from Wadi Sayyidna Airfield from late April until early May. The image collection contains high-cadence, time-diverse imagery taken as early as 5:37 a.m., and as late as 5:22 p.m., Central Africa Time. “The BlackSky analyst.

BlackSky Imagery Highlights Scale of Operational Complexity of International Evacuation During Early Days of 2023 Sudan Conflict

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.22 per share a year ago.

BlackSky Technology Inc. (BKSY) Reports Q2 Loss, Misses Revenue Estimates

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the second quarter ended June 30, 2023. Second Quarter Financial Highlights: Revenue of $19.3 million, up 28% from the prior year period Imagery & software analytical services revenue grew 51% over the prior year quarter Cost of sales related to imagery & software analytical services improved to 23% from 34% in the prior year quarter “BlackSky delivered another strong.

BlackSky Reports Second Quarter 2023 Results

Rocket Lab USA

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab has signed a block buy deal for five Electron launches with BlackSky.

BlackSky Signs New Block Buy for Five Rocket Lab Launches

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky Technology Inc. (NYSE: BKSY) and Rocket Lab USA, Inc. (Nasdaq: RKLB) signed an agreement to buy a block of five launches that will increase capacity and introduce new capabilities into BlackSky's rapid-revisit, high-res constellation. “We continue to see strong, growing demand for our high-frequency, low latency offering from our current and next generation constellation especially for defense and intelligence customers who need real-time, on-demand intel.

BlackSky Signs Five-Launch Deal with Rocket Lab to Launch Next-Gen Capabilities and Meet Growing Demand for High-Frequency Monitoring

Planet Labs

Palantir Technologies

Russia's navy has begun camouflaging its warships specifically to trick spy satellites and drones into misidentifying them. One less-than-common satellite technology -- synthetic aperture radar -- is not so easily fooled.

Without Good AI, U.S. Satellites May Become Obsolete

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky time-diverse imagery collection reveals rapid pace of construction of near-complete Chinese military naval station in Ream, Cambodia.

BlackSky Releases Imagery of Near-Complete Chinese Military Naval Station in Cambodia

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss second quarter 2023 financial results and its business outlook on Wednesday, August 9, 2023, at 8:30 a.m. EDT. 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://i.

BlackSky to Host Second Quarter 2023 Results Conference Call

AST SpaceMobile

Virgin Galactic

Investors sold off BlackSky and AST SpaceMobile after their stocks were added to the Russell 3000 stock index today. Short interest is increasing as Virgin Galactic approaches liftoff on its first revenue-generating space launch.

Why Space Stocks Virgin Galactic, BlackSky, and AST SpaceMobile Sank on Monday

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) has joined the broad-market Russell 3000® Index, effective after the U.S. market close on June 23, 2023, as part of the 2023 Russell indexes reconstitution. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. “We are honored to be include.

BlackSky Technology Added to Russell 3000® Index

After incredible run-ups in the first half of June, Virgin Galactic and BlackSky Technologies are giving back some gains today. AST SpaceMobile is a different story after a successful cell phone test produced 4G speeds via satellite.

Why Space Stocks Virgin Galactic and BlackSky Dropped Today -- but AST SpaceMobile Popped

Boeing

Ball Corp

Astra Space

Lockheed Martin

The space sector has seen a variety of mergers and acquisitions since the start of the year, but the deal-making is only heating up.

Investing in Space: Bankers and insiders say M&A action is heating up

Spy satellite operator BlackSky Technology inked a $30 million contract this morning. The deal appears to grow BlackSky's annual revenues by 14%.

Why BlackSky Stock Rocketed Higher Today

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky secures more than $30 million contract for high-frequency imagery services with international defense sector customer.

BlackSky Secures More Than $30 Million Contract for High-Frequency Imagery Services with International Defense Sector Customer

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky builds out strategic infrastructure for company's second major international advanced tactical ISR customer with ground station contract.

BlackSky Builds Out Strategic Infrastructure for Company's Second Major International Advanced Tactical ISR Customer with Ground Station Contract

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky awarded multimillion contract for advanced tactical imagery services with international ministry of defense.

BlackSky Awarded Multimillion Contract for Advanced Tactical Imagery Services with International Ministry of Defense

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky and SynMax partner to monitor United States coal powerplant inventory in support of national energy transition planning efforts.

BlackSky and SynMax Partner to Monitor United States Coal Powerplant Inventory in Support of National Energy Transition Planning Efforts

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky and Spire team up to create real-time, commercially available AI-driven maritime custody service.

BlackSky and Spire Team Up to Create Real-Time, Commercially Available AI-Driven Maritime Custody Service

Spire Global

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, and BlackSky (NYSE: BKSY), a provider of geospatial intelligence solutions, have developed a real-time, commercially available Maritime Custody Service (MCS) that can automatically detect, identify and track more than 270,000 vessels worldwide in open water, along rivers and canals, and while docked at port. The MCS uses data from Spire's.

Spire Global and BlackSky Partner to Provide Real-Time, AI-Driven Maritime Custody Service

Interest in the space sector is mounting as SpaceX sends another team of private astronauts to the International Space Station. Later this week, Virgin Galactic could send four more private astronauts on a shorter space flight.

Why Virgin Galactic, BlackSky, and AST SpaceMobile Stocks All Popped Today

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky Senior Vice President of Global Sales Andy Stephenson marked a finalist in sixth annual British Ex-Forces in Business Awards.

BlackSky Senior Vice President of Global Sales Andy Stephenson Marked Finalist in Sixth Annual British Ex-Forces in Business Awards

BlackSky Technology Inc. (NYSE:BKSY ) Q1 2023 Earnings Conference Call May 10, 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 Griffin Boss - B. Riley Securities Josh Sullivan - The Benchmark Company Caleb Henry - Quilty Analytics Jaeson Schmidt - Lake Street Capital Markets Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's First Quarter 2023 Earnings Conference Call.

BlackSky Technology Inc. (BKSY) Q1 2023 Earnings Call Transcript

BlackSky missed sales expectations this morning, but investors don't care. Sales are growing and losses are shrinking, and BlackSky appears to be on the right trajectory.

Why BlackSky Stock Orbited 5% Higher Today

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.17 per share a year ago.

News for BlackSky Technology Stock (BKSY)