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BlackSky plans to grow the Gen-3 constellation at a regular cadence as more satellites are launched.
With three Gen-3 satellites operating in orbit, BlackSky plans to grow the constellation on a regular cadence.
BlackSky plans to expand its Gen-3 constellation with regular launches to enhance capacity and decrease latency.
BlackSky's Gen-3 satellite delivered initial image quality at unprecedented speed, with images sent to customers in less than one day from launch.
BlackSky Technology received over $60 million in new contract awards due to strong international demand for its space-based intelligence solutions.
BlackSky announced the acquisition of LeoStella during its 2024-11-07 earnings call discussing third quarter financial results.
BlackSky, then part of Spaceflight Industries, created the LeoStella joint venture with Thales Alenia Space in 2018 as part of a $150,000,000 Series C round.
BlackSky reported adjusted EBITDA of $4,300,000 through the first nine months of the year, compared with negative adjusted EBITDA of $10,300,000 in the same period last year.
BlackSky will continue to partner with Thales Alenia Space worldwide to bring Gen-3 capability combined with Thales Alenia Space offerings to the market.
BlackSky completed the acquisition of the remaining stake in LeoStella on 2024-11-06, according to its 10-Q filing with the U.S. Securities and Exchange Commission.
BlackSky acquired the remaining 50% of LeoStella from Thales Alenia Space.
BlackSky won a $3,500,000 contract from the Air Force Research Laboratory on 2024-03-08 to supply satellite imagery and analysis in support of global moving target engagement.
BlackSky provided assured subscription-based real-time imagery and analytics services to support the Indonesian Ministry of Defense through a separate agreement with PT Len Industri.
BlackSky won a contract with Thales Alenia Space to support the Ministry of Defense of the Republic of Indonesia by delivering Gen-3 Earth observation satellites, ground station capabilities, and flight operations support.
BlackSky partnered with Thales Alenia Space to deliver sovereign space capabilities that align with Indonesia’s defense modernization and restructuring efforts.
BlackSky Technology Inc. won a contract from the Intelligence Advanced Research Projects Activity to advance into the final phase of the Space-based Machine Automated Recognition Technique program.
BlackSky expects to achieve positive Adjusted EBITDA in 2023-10-01 as a result of continued revenue growth, high incremental margins from imagery and analytic services, and responsible cost management.
BlackSky Technology Inc. had total revenue of $21,300,000 for the third quarter ended 2023-09-30.
Rocket Lab won a contract on 2023-08-08 for five Electron launches of BlackSky’s Gen-3 imaging satellites starting in 2024.
BlackSky’s adjusted EBITDA loss improved by $3,100,000 year-over-year compared to the second quarter of 2022.