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.
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%
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Rhea-AI Summary
BlackSky Technology Inc. (NYSE: BKSY) has experienced a 377% revenue growth from fiscal year 2019 to 2022, earning a spot on the Deloitte Technology Fast 500™ list. The company provides real-time space-based intelligence, delivering high-resolution images and analytics to organizations worldwide. BlackSky remains on track to achieve positive Adjusted EBITDA in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
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Rhea-AI Summary
BlackSky Technology Inc. (NYSE: BKSY) will participate in three upcoming investor events in November: Deutsche Bank Global Space Summit, Bernstein 2nd Annual Industrials Forum, and UBS Industrials Summit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.52%
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Rhea-AI Summary
BlackSky Technology Inc. has won two contracts to provide real-time imagery and analytics services to a defense ministry customer. They will also conduct research on future multi-sensor space capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.41%
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Rhea-AI Summary
BlackSky Technology Inc. to host conference call for Q3 2023 financial results and business outlook
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
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Rhea-AI Summary
BlackSky Technology Inc. wins contract to build automated target recognition service for the U.S. Air Force
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.07%
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Rhea-AI Summary
BlackSky Technology Inc. (NYSE: BKSY) will participate in three upcoming investor events in September: Jefferies Industrials Conference, H.C. Wainwright 25th Annual Global Investment Conference, and Lake Street Capital Best Ideas Growth Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
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Rhea-AI Summary
BlackSky Technology Inc. released a sixty-image collection showcasing the scale of operational complexity associated with the evacuation of international civilians and key personnel from Wadi Sayyidna Airfield in Sudan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.86%
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Rhea-AI Summary
BKSY: BlackSky Technology Inc. Reports 51% Increase in Q2 Imagery and Analytics Revenue, Wins $35M in Contracts. Q2 results show revenue growth, substantial operating leverage, and effective cost management. Revenue grew by 28% to $19.3 million, with imagery & software analytical services revenue up 51% over the prior year quarter. The company won over $35 million in new contracts and renewal agreements, bringing total bookings year to date to over $200 million. BlackSky is actively working with several major customers on sizable contracts, widening the range of its 2023 revenue outlook to between $84 million to $96 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.15%
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Rhea-AI Summary
BlackSky Technology Inc. and Rocket Lab USA, Inc. have signed an agreement for five launches of Gen-3 satellites in 2024. This will increase capacity and introduce new capabilities into BlackSky's constellation. The satellites will have up to 35-centimeter resolution and will be coupled with BlackSky Spectra, an AI-driven platform for tasking and analytics. The launches will take place in New Zealand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.15%
Tags
BlackSky Technology Inc.
NYSE:BKSY
BKSY Rankings
BKSY Stock Data
187.93M
96.25M
15.86%
39.42%
3.94%
Payroll Services
Professional, Scientific, and Technical Services
United States of America
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.