Articles from BlackSky Technology Inc.

BlackSky Technology Inc. (NYSEBKSY) won an Electro-Optical Commercial Layer one-year extension contract with the National Reconnaissance Office (NRO) for subscription-based high-frequency, low-latency Gen-2 imagery services ahead of schedule. As part of the contract extension, BlackSky will add enhanced ground architecture features to improve image searchability and utility and provide more timely notice of intended collection status.

BlackSky Technology Inc. (NYSEBKSY) won multiple rapid procurement contracts for its high-margin, core analytics services through the U.S. Space Force’s online Global Data Marketplace (GDM) supporting a variety of Tactical Surveillance, Reconnaissance and Tracking (TacSRT) missions.

BlackSky Technology Inc. (NYSEBKSY) will participate in the following upcoming investor event.

BlackSky Technology Inc. (NYSEBKSY) will participate in the following upcoming investor events in November and December.

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the third quarter ended September 30, 2024.

BlackSky Technology Inc. (NYSEBKSY) will host a conference call to discuss third quarter 2024 financial results and its business outlook on Thursday, November 7, 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.

BlackSky Technology Inc. (NYSEBKSY) won a seven-figure contract to deliver non-Earth Imaging (NEI) services to support the customer’s Space Domain Awareness (SDA) capabilities. As part of the contract BlackSky will integrate Gen-2 satellite imagery of on-orbit spacecraft into the customer’s collection of SDA assets.

BlackSky Technology Inc. (NYSEBKSY) was awarded a five-year, up to $290 million multi-award indefinite-delivery, indefinite-quantity NGA contract to monitor global economic and environmental activity and military capability using high-cadence, rapid revisit satellite imagery and AI-driven change-detection analytics.

BlackSky Technology Inc. (NYSEBKSY) won an approximately $6 million contract expansion from an international defense sector customer, bringing the total annual commitment to nearly $18 million, for subscription-based Assured access to Gen-2, high-cadence, low-latency imagery services.

BlackSky Technology Inc. (NYSEBKSY) today announced the closing on September 26, 2024 of its previously announced underwritten public offering of 10,000,000 shares of its Class A common stock (“common stock”) at a price to the public of $4.00 per share. In addition, on September 27, 2024, the underwriters fully exercised their option to purchase an additional 1,500,000 shares of common stock. BlackSky received total gross proceeds of approximately $46 million from this offering, before deducting the underwriting discounts and commissions and estimated offering expenses payable by BlackSky. All of the shares in the offering were sold by BlackSky.

BlackSky Technology Inc. (NYSEBKSY) won a competitive U.S. Navy research contract to explore applications for advanced optical intersatellite link terminals on board the company’s Gen-3 imaging satellites, giving warfighters real-time access to imagery during time-sensitive military operations worldwide. The effort directly supports the Navy’s Project Overmatch and the Department of Defense’s Joint All Domain Command and Control (JADC2) initiatives.

BlackSky Technology Inc. (NYSEBKSY) today announced the pricing of an underwritten public offering of 10,000,000 shares of its Class A common stock (“common stock”) at a price to the public of $4.00 per share. All of the shares in the offering are being sold by BlackSky. The gross proceeds to BlackSky from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $40 million. The offering is expected to close on or about September 26, 2024, subject to customary closing conditions. In addition, BlackSky has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its common stock in the underwritten public offering.

BlackSky Technology Inc. (NYSEBKSY) today announced that it intends to offer shares of its Class A common stock (“common stock”) for sale in an underwritten public offering. All of the shares in the offering are being offered by BlackSky. BlackSky intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its common stock in the underwritten public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

BlackSky Technology Inc. (NYSEBKSY) won the 2024 Novaspace Leading Earth Observation Business Award at World Space Business Week. BlackSky is recognized for excellence and innovation in Earth observation by delivering commercial real-time, space-based intelligence at mission speed and scale using high-cadence, rapid-revisit satellite imagery and AI-driven analytics.

BlackSky Technology Inc. (NYSEBKSY) was awarded a seven-figure data services contract from HEO to bring automated low-latency capabilities to non-Earth imaging (NEI) services for defense, intelligence and commercial use. Under the agreement, the companies will partner to bring BlackSky’s current constellation into HEO’s NEI sensor network. The contract is now moving into its second phase with a focus on automating the entire tasking-to-delivery process, following a successful initial proof of concept phase.

BlackSky Technology Inc. (NYSEBKSY) was selected by NASA to provide time-diverse, high-revisit satellite imaging data in support of the agency’s existing Earth observation research under the Commercial Smallsat Data Acquisition Program (CSDAP). The multi-year, indefinite-delivery/indefinite-quantity contract carries a maximum value of $476 million and a performance period through November 2028 for selected contractors.

BlackSky Technology Inc. (“BlackSky”) (NYSEBKSY), today announced that its Board of Directors has approved a 1-for-8 reverse stock split (the “Reverse Stock Split”) of BlackSky’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Reverse Stock Split was approved by BlackSky’s stockholders at BlackSky’s annual meeting of stockholders held virtually earlier today. The Reverse Stock Split will be effective at 4:15 p.m. Eastern Time on September 6, 2024, and the Class A Common Stock will open for trading on the New York Stock Exchange (the “NYSE”) on a reverse split-adjusted basis on September 9, 2024, under the existing trading symbol “BKSY.”

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the second quarter ended June 30, 2024.

BlackSky Technology Inc. (NYSEBKSY) will host a conference call to discuss second quarter 2024 financial results and its business outlook on Thursday, August 8, 2024, 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.

BlackSky Technology Inc. (NYSEBKSY) will participate in the following upcoming investor event.

BlackSky Technology Inc. (NYSEBKSY) was awarded a 1-year extension contract from the National Reconnaissance Office (NRO) to continue to deliver on the current Electro-Optical Commercial Layer (EOCL) subscription contract for reliable high-frequency Gen-2 imagery services.

BlackSky Technology Inc. (NYSEBKSY) won a $7 million contract renewal to provide dynamic space-based imagery and analytics monitoring services to a legacy international government customer.

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the first quarter ended March 31, 2024.

BlackSky Technology Inc. (NYSEBKSY) will host a conference call to discuss first quarter 2024 financial results and its business outlook on Wednesday, May 8, 2024, 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.

BlackSky Technology Inc. (NYSEBKSY) won a competitive $24 million Air Force Research Laboratory (AFRL) ceiling contract to develop and demonstrate moving target engagement services.

BlackSky Technology Inc. (NYSEBKSY) was nominated for Via Satellite’s 2023 Satellite Technology of the Year Award for BlackSky Spectra, the company's industry-leading tasking, AI and automated analytics platform.

BlackSky Technology Inc. (NYSEBKSY) won a multi-million dollar contract in support of the U.S. Department of Defense to collect and annotate thousands of BlackSky multi-frame burst images to train moving target artificial intelligence models for commercial motion imagery.

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the fourth quarter and full year ended December 31, 2023.

BlackSky Technology Inc. (NYSEBKSY) won a first-of-its-kind contract with Thales Alenia Space supporting the Ministry of Defense (MoD) of the Republic of Indonesia to deliver Gen-3 Earth observation satellites, ground station capabilities and flight operations support. BlackSky has also provided Assured subscription-based real-time imagery and analytics services to support the Indonesian MoD. These multi-year contracts have a combined value of approximately $50 million dollars.

BlackSky Technology Inc. (NYSEBKSY) 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.

BlackSky Technology Inc. (NYSEBKSY) won a contract from the Intelligence Advanced Research Projects Activity (IARPA) to move forward into the third and final phase of the multi-year Space-based Machine Automated Recognition Technique (SMART) program. Phase III emphasizes the transfer of SMART broad area search technologies into other U.S. government programs.

BlackSky Technology Inc. (NYSEBKSY) won a multi-year contract from PT Len exceeding $1 million supporting the Ministry of Defense of the Republic of Indonesia to provide immediate access to subscription-based real-time, high-frequency imagery and analytics services.

BlackSky Technology Inc. (NYSEBKSY) will participate in three upcoming investor events in December:

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the third quarter ended September 30, 2023.

BlackSky Technology Inc. (NYSEBKSY) was named on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. BlackSky has grown revenue 377% from fiscal year 2019 until 2022.

BlackSky Technology Inc. (NYSEBKSY) will participate in three upcoming investor events in November:

BlackSky Technology Inc. (NYSEBKSY) 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.

BlackSky Technology Inc. (NYSEBKSY) won a competitive U.S. Air Force Research Laboratory AFWERX Direct to Phase 2 contract, funded by the Space Development Agency, to build an automated target recognition service that will gather and combine radio frequency and electro-optical satellite sensor data to track mobile assets in real-time and securely distribute actionable intelligence to remote devices and analysts worldwide.

BlackSky Technology Inc. (NYSEBKSY) will participate in three upcoming investor events in September:

BlackSky Technology Inc. (NYSEBKSY) 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.

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the second quarter ended June 30, 2023.

BlackSky Technology Inc. (NYSEBKSY) 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.

BlackSky Technology Inc. (NYSEBKSY) released a ten-image collection captured over Ream, Cambodia, showing the rapid pace of development of a large Chinese military naval station from August 2021 until July 2023. The high-resolution, electro-optical images are part of a collection of more than 520 images captured from October 2019 until now and contains time-diverse imagery taken as early as 8 a.m., and as late as 7:58 p.m., Indochina Time.

BlackSky Technology Inc. (NYSEBKSY) 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.

BlackSky Technology Inc. (NYSEBKSY) 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.

BlackSky Technology Inc. (NYSEBKSY) was awarded a multi-year, more than $30 million contract to provide on-demand, real-time high-frequency imagery services to an international defense sector customer.

BlackSky Technology Inc. (NYSEBKSY) was awarded a two-year multimillion dollar ground station infrastructure augmentation contract that establishes the strategic framework for BlackSky’s next major international advanced tactical ISR Ministry of Defense customer.

BlackSky Technology Inc. (NYSEBKSY) won a multimillion dollar renewal contract to provide advanced subscription-based tactical imagery and analytics services to an international ministry of defense customer.

BlackSky Technology Inc. (NYSEBKSY) management will participate in three upcoming investor events in June:

BlackSky Technology Inc. (NYSEBKSY) was competitively selected by energy intelligence company SynMax to monitor more than 100 United States coal powerplants. The partnership will create the world’s most timely and accurate energy intelligence assessment and support national energy transition initiatives away from fossil fuels toward alternate, more sustainable energy resources.

BlackSky Technology Inc. (NYSEBKSY) and Spire Global, Inc. NYSE: SPIRNYSESPIR)

BlackSky Technology Inc. (NYSEBKSY) Senior Vice President of Global Sales Andy Stephenson was shortlisted for the sixth annual British Ex-Forces in Business Awards. The annual event is the U.K. armed forces’ largest awards ceremony and recognizes the outstanding achievements and contributions made by British military veterans in the business world.

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the first quarter ended March 31, 2023.

BlackSky Technology Inc. (NYSEBKSY) 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 Technology Inc. (NYSEBKSY) 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 Technology Inc. (NYSEBKSY) 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.

BlackSky Technology Inc. (NYSEBKSY) successfully commissioned two new satellites that began revenue-generating commercial operations within 18 hours of “The Beat Goes On” launch mission.

BlackSky Technology Inc. (NYSEBKSY) was selected by the National Reconnaissance Office (NRO) to explore commercial hyperspectral image capabilities under a multi-stage Strategic Commercial Enhancements Broad Agency Announcement Framework study contract.

BlackSky Technology Inc. (NYSEBKSY) won a $150+ million competitive contract to provide advanced space-based tactical GEOINT-as-a-service to an international ministry of defense customer.

BlackSky Technology Inc. (NYSEBKSY) (“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 $1.79, and each investor will receive an equivalent number of warrants with an exercise price of $2.20. The warrants will become exercisable six months after issuance and have a term of five years from the initial exercise date. The private placement is expected to close by March 8, 2023, subject to the satisfaction of customary closing conditions.

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the fourth quarter and full year ended December 31, 2022.

BlackSky Technology Inc. (NYSEBKSY) 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 Technology Inc. (NYSEBKSY) 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 Technology Inc. (NYSEBKSY) management team will participate in three upcoming investor events:

BlackSky Technology Inc. (NYSEBKSY) 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 Technology Inc. (“BlackSky” or the “Company”) (NYSEBKSY) announced results for the third quarter ended September 30, 2022.

BlackSky Technology Inc. (NYSEBKSY) management team will participate in three investor conferences in November 2022:

BlackSky Technology Inc. (NYSEBKSY) appointed Jon Kirchner as its new Chief Product Officer continuing the company’s growing momentum as a global leader in real-time geospatial insights. As part of BlackSky’s executive leadership team, Mr. Kirchner will deliver product solutions that help customers experience the increasing value of the company’s Spectra AI tasking and analytics platform and high-revisit, high-resolution satellite constellation.

BlackSky Technology Inc. (NYSEBKSY) was awarded a one-year $10 million contract to provide on-demand, real-time high-resolution imagery services to an international ministry of defense customer in Asia.

BlackSky Technology Inc. (NYSEBKSY) will host a conference call to discuss third quarter 2022 results and its business outlook on Tuesday, November 8, 2022, at 8:30 AM ET. A press release with BlackSky’s financial results will be released in advance of the conference call that same day.

BlackSky Technology Inc. (NYSEBKSY) has filed two S-3 Registration Statements with the Securities and Exchange Commission (“SEC”).

BlackSky Technology Inc. (NYSEBKSY) has partnered with remote sensing, drone, and Geographic Information System (GIS) monitoring company Skytec to integrate on-demand imagery tasking into the Skytec’s Ranger™ monitoring platform through Esri ArcGIS Online.

BlackSky Technology Inc. (NYSEBKSY) has received a combined total of $13.8 million of orders to date within the first year of a five-year National Geospatial-Intelligence Agency (NGA) contract to monitor global economic activity.

BlackSky Technology Inc. (NYSEBKSY) received the Pioneer in Space Business Award during the World Satellite Business Week Summit in Paris.

BlackSky Technology Inc. (NYSEBKSY) Chief Financial Officer Henry Dubois will be attending the Lake Street Capital Markets 6th Annual Best Ideas Growth Conference on Wednesday, September 14, 2022, at The Yale Club in New York.