BlackSky is a leading provider of real-time geospatial intelligence, operating its own constellation of Earth observation satellites in low Earth orbit. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of critical locations and events using its AI-powered Spectra platform. BlackSky serves government organizations and commercial enterprises, providing them with timely insights and data for strategic decision-making.
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BlackSky’s backlog stood at approximately $380 million.
During recent U.S. defense exercises such as Lightning Surge 2, BlackSky’s data was integrated into next-generation command-and-control systems to support rapid live-fire execution.
BlackSky is transitioning toward an operational real-time model that delivers satellite intelligence in minutes rather than days.
BlackSky expects positive Adjusted EBITDA of $12 million to $24 million in 2026.
BlackSky’s recent contract wins announced in May 2026 totaled a record $160 million.
BlackSky grew its intel and AI services revenue by 14% compared with Q4 2025.
BlackSky posted $160 million (€136.1 million) in contract wins in Q1.
NASA expanded its Commercial Smallsat Data Acquisition Program in October 2023 by awarding contracts to seven companies for earth observation data and services.
BlackSky CEO Brian O'Toole said international customers are buying sovereign hardware and software bundled with commercial data.
BlackSky announced two seven-figure deals and one eight-figure deal with international customers in February, over a span of two weeks.
BlackSky has implemented tighter controls or delays on Middle East imagery.
An initial $2.1 million obligation from AFRL fiscal year 2026 research and development funds will accelerate payload design under the BlackSky contract.
The BlackSky Small Business Innovation Research Phase III contract runs through March 6, 2032.
The BlackSky contract will accelerate the design and development of a large-aperture optical payload for space-based Earth imaging and space domain awareness.
The BlackSky AFRL award is intended to enable very high-resolution imaging and collection performance combined with low-latency space-based communications.
BlackSky Technology received a $99 million contract from the Air Force Research Laboratory in early March 2025.
A BlackSky Gen-2 satellite captured an image of China’s Tiangong space station from a distance of 83 kilometers in March 2025.
The BlackSky AFRL contract covers very large-aperture optical imagery capabilities.
BlackSky’s new AFRL contract is separate from the capabilities and applications of its current Gen-2 and Gen-3 electro-optical Earth imaging satellites and its planned AROS broad area search spacecraft.
BlackSky plans to leverage Gen-3 core technology for incremental advancements on its roadmap toward the AROS broad area search system.