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 recorded an operating loss of $21,700,000 in the second quarter of 2022.
BlackSky will operate the Army-dedicated Gen-3 satellite while the U.S. Army will use it to assess capabilities and integrate it with operations.
BlackSky won a $4,400,000 contract with the Intelligence Advanced Research Projects Activity (IARPA) to support the second phase of a multi-year space-based dynamic monitoring program.
BlackSky was awarded the Electro Optical Commercial Layer (EOCL) contract with the National Reconnaissance Office valued at up to $1,021,000,000 over the next 10 years.
BlackSky recognized $1,800,000 of engineering and systems integration revenue in the second quarter of 2022.
BlackSky expects capital expenditures for the full year 2022 to be between $52,000,000 and $56,000,000.
The first batch of BlackSky Gen-3 satellites is being produced by LeoStella based in Seattle, Washington.
BlackSky recorded a net loss of $26,300,000 for the second quarter ended 2022-06-30.
BlackSky Technology Inc. had total revenue of $15,100,000 for the second quarter ended 2022-06-30.
BlackSky entered into a partnership with Esri to provide on-demand satellite tasking services with imagery delivered into Esri’s ArcGIS Online platform and its global customer base.
BlackSky’s operating expenses for the second quarter of 2022 were $27,000,000 and included $2,600,000 of non-cash stock-based compensation expense.
On a comparable basis excluding impairment and stock-based compensation, BlackSky’s operating expenses increased from $12,100,000 to $24,400,000 year-over-year.
BlackSky Technology Inc. and Airbus have signed a reseller agreement enabling BlackSky to expand its dynamic monitoring platform’s all-weather, day-and-night satellite imagery offerings.
The Airbus products available to BlackSky under the agreement include very high-resolution optical imagery from Pléiades at 50-centimeter resolution.
The Airbus products available to BlackSky under the agreement include very high-resolution optical imagery from Pléiades Neo at 30-centimeter resolution.
The reseller partnership expands BlackSky’s product offerings to support customers’ needs for global 24/7 monitoring, including high-revisit, high-resolution on-demand imagery.
LeoStella is partly owned by Earth-imaging operator BlackSky and manufactures satellites for BlackSky.
BlackSky is a partner in the Esri Partner Network.
BlackSky Tasking allows Esri users to task a BlackSky satellite and receive dynamic, on-demand imagery directly into their ArcGIS Online organization.
BlackSky’s high-revisit constellation and Spectra AI platform allow users to incorporate near real-time imagery into projects without additional processing.