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BlackSky Technology Inc - BKSY STOCK NEWS

Welcome to our dedicated news page for BlackSky Technology (Ticker: BKSY), a resource for investors and traders seeking the latest updates and insights on BlackSky Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BlackSky Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BlackSky Technology's position in the market.

News
BlackSky Wins Competitive $24 Million Air Force Research Laboratory Contract for Global Moving Target Engagement
Rhea-AI Summary
BlackSky Technology Inc. (BKSY) secures a $24 million contract from the Air Force Research Laboratory to develop moving target engagement services using AI and machine learning. The company aims to demonstrate information fusion in a hybrid setting using multiple government ISR and commercial data sources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
none
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News
BlackSky Spectra® Nominated for Via Satellite’s 2023 Satellite Technology of the Year Award
Rhea-AI Summary
BlackSky Technology Inc. (BKSY) has been nominated for Via Satellite’s 2023 Satellite Technology of the Year Award for its innovative platform, Spectra, offering real-time intelligence with rapid tasking and AI-driven analytics. Spectra provides dynamic full-spectrum monitoring from space, delivering insights and analytics at scale. BlackSky's satellites ensure low-latency tasking and fast collection-to-delivery timelines of under 90 minutes, with hourly revisit rates up to 15 times per day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
none
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News
BlackSky Wins Multi-Million Dollar Contract in Support of U.S. Department of Defense Moving Target Study
Rhea-AI Summary
BlackSky (BKSY) secures a multi-million dollar contract with the U.S. Department of Defense to provide annotated burst images for training moving target artificial intelligence models, aiming to enhance analytic accuracy and decrease development time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.34%
Tags
none
News
BlackSky Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
BlackSky Technology Inc. reported an 83% increase in Q4 revenue and a 45% increase in full-year revenue compared to the previous year. The company secured over $265 million in new contracts in 2023 and achieved a positive Adjusted EBITDA of $9.3 million in Q4. BlackSky's success was driven by growing global demand for its space-based intelligence solutions and recent contract wins with the Indonesian Ministry of Defense and U.S. government agencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.37%
Tags
earnings
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News
BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense
Rhea-AI Summary
BlackSky Technology Inc. (BKSY) has won a groundbreaking contract with Thales Alenia Space to deliver Gen-3 Earth observation satellites, ground station capabilities, and flight operations support to the Ministry of Defense of Indonesia. The multi-year contracts have a combined value of approximately $50 million dollars. BlackSky's advanced capabilities and AI automation will provide high-cadence, time-diverse images to support the Indonesian MoD. The company's subscription-based services will offer early intelligence, surveillance, and reconnaissance capabilities for satellite capability for the MoD until the Indonesian Defense Satellite System becomes operational.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.6%
Tags
none
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News
BlackSky to Host Fourth Quarter and Full Year 2023 Results Conference Call
Rhea-AI Summary
BlackSky Technology Inc. (BKSY) will host a conference call to discuss fourth quarter and full year 2023 financial results and its business outlook on February 28, 2024. The press release with financial results will be released on the same day, and participants can access the live webcast or archived webcast on the company's investor relations website. Participants can also access the conference call and replay using the provided phone numbers and access codes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
conferences earnings
News
IARPA Selects BlackSky Spectra® Software Platform as Leading Space-Based AI Approach for Bringing Speed and Scalability to Broad Area Search Mission
Rhea-AI Summary
BlackSky Technology Inc. (NYSE: BKSY) has won a contract from IARPA to move into the final phase of the SMART program, emphasizing the transfer of broad area search technologies into other U.S. government programs. The company's AI tools now analyze over 20% of the Earth's surface every month, generating value for other U.S. government search and discovery efforts. BlackSky's AI tools have detected and classified over two million change observations with high accuracy over 120 thousand distinct sites.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
Tags
AI
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News
BlackSky Wins Initial Task Order Exceeding $1 Million Against New Multi-Year Contract to Deliver Space-based Intelligence Capabilities to Indonesian Ministry of Defense
Rhea-AI Summary
BlackSky Technology Inc. (BKSY) secures multi-year, $1 million+ contract from PT Len to provide real-time, high-frequency imagery and analytics services for the Ministry of Defense of the Republic of Indonesia. The Assured access program guarantees capacity to high-frequency, dawn-to-dusk imagery and AI-driven analytics over a dedicated area of interest, with immediate access and highest priority tasking requests for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
none
-
News
BlackSky to Participate at Three Upcoming Investor Conferences
Rhea-AI Summary
BlackSky Technology Inc. (BKSY) to participate in three upcoming investor events in December
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
conferences
News
BlackSky Reports Third Quarter 2023 Results
Rhea-AI Summary
BlackSky Technology Inc. (BKSY) reports a 26% increase in total revenue for Q3 2023, reaching $21.3 million. The company achieved nearly breakeven Adjusted EBITDA and saw a strong improvement in net income, with a net loss of $13.1 million in Q3 2022 turning into a net income of $0.7 million in Q3 2023. Revenue growth was driven by increased demand from U.S. and international government customers, and the company is on track to achieve positive Adjusted EBITDA in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
Tags
earnings
Stock BKSY logo
BlackSky Technology Inc

NYSE:BKSY

BKSY Rankings

#3860 Ranked by Market Cap
#3363 Ranked by Stock Gains
N/A Ranked by Dividends

BKSY Stock Data

181.37M
96.25M
15.86%
39.42%
3.94%
Payroll Services
Professional, Scientific, and Technical Services
Link
United States
Herndon

About BKSY

blacksky is the driving force behind looking at our planet in real-time, providing an easy, affordable way to order and access high-quality satellite imaging to vastly improve understanding about our world. through a planned 60-satellite constellation capturing over 95 percent of the earth’s populated area, the company will provide near real-time satellite imagery to ensure businesses, nonprofits, and governments make well-informed decisions. blacksky is a wholly-owned subsidiary of spaceflight industries. spaceflight industries was founded by jason andrews. originally andrews space, it has expanded in its mission to be a catalyst in the commercialization, exploration and development of space. blacksky was founded in 2013. spaceflight industries also is the parent company of spaceflight.