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BlackSky Technology Inc. provides real-time, space-based intelligence using a proprietary low Earth orbit satellite constellation and the BlackSky Spectra® tasking and analytics software platform. Company news centers on Gen-3 satellite imagery, AI-enabled analytics, Assured and On-Demand subscription services, and mission applications for U.S. and international government, defense, and commercial customers.
Recurring updates also cover contract awards, IDIQ technology programs, constellation expansion, advanced optical payload development, quarterly results, revenue visibility, backlog, guidance, and the mix between space-based intelligence and AI services, mission solutions, and technology programs.
BlackSky (NYSE: BKSY) reported first quarter 2026 results and raised full-year guidance after winning new contracts valued up to $160 million. Q1 revenue was $20.8 million, cash and equivalents were $117.5 million, and Q1 net loss was $29.7 million. The company now expects 2026 revenue of $130–$150 million and Adjusted EBITDA of $12–$24 million. Key operational items include deployment of a fourth Gen-3 satellite and ongoing multi-year contract awards across defense and government customers.
BlackSky (NYSE: BKSY) secured more than two dozen new Gen-3 On-Demand subscription customers in Q1, driven by rapid integration of 35-centimeter imagery and AI analytics during Early Access periods. The launch of daily Gen-3 service and a fourth Gen-3 satellite accelerated On-Demand commitments and subscription pipeline growth.
On-Demand offers real-time, high-cadence imagery, priority tasking, archive access, and partner data for global monitoring and national security and economic indicator missions.
BlackSky (NYSE: BKSY) won a nearly $30 million, one-year Assured subscription contract from an international defense customer after that customer scaled from a six-figure Early Access pilot to a full subscription in under six months. The award follows general availability of Gen-3 35-cm very high-resolution imagery and the commissioning of a fourth Gen-3 satellite. BlackSky will deliver prioritized tasking, guaranteed collection and web-enabled access via its Spectra platform, including AI-enabled detection analytics for vehicles, aircraft and vessels.
BlackSky (NYSE: BKSY) won a competitive $25 million multi-year Assured contract with a major international defense customer for guaranteed access to 35-centimeter Gen-3 imagery and real-time AI-enabled analytics.
The deal leverages BlackSky Spectra® and its Gen-3 constellation, cites four Gen-3 satellites on orbit, rapid commissioning last month, and says it will drive backlog and annual recurring revenue from space-based intelligence and AI services.
BlackSky (NYSE: BKSY) will host a live webcast and conference call to discuss first quarter 2026 results and business outlook on Thursday, May 7, 2026 at 8:30 a.m. EDT. A press release with financial results will be issued in advance that day.
Investors can access the live webcast via the company's investor relations site and may pre-register for the conference call to receive access details; the webcast and call will be archived after the event.
BlackSky (NYSE: BKSY) secured a multi-year, sole-source $99 million U.S. government IDIQ contract to develop next-generation Earth observation and space domain awareness capabilities.
The company received an initial $2 million to accelerate design of a large-aperture optical payload and to advance Gen-3/AROS architecture, high-resolution imaging, low-latency communications, and on-orbit data processing.
BlackSky (NYSE: BKSY) signed a seven-figure Assured extension contract with an international customer, marking a transition from Gen-3 early access to larger annual subscriptions under its land-and-expand strategy.
The agreement continues access to BlackSky’s dual-generation tip-and-cue architecture, and Gen-3 unit four delivered first-light imagery within hours of launch, supporting higher-resolution analytics and recurring mission support.
BlackSky (NYSE: BKSY) commissioned its fourth Gen-3 satellite in less than one week, opening Gen-3 general availability to global customers on March 12, 2026. The company says daily service for 35-centimeter imagery and AI-enabled analytics is now accessible via BlackSky Spectra, supporting daytime, twilight, and nighttime tasking.
BlackSky reports rapid on-orbit commissioning, calibrated sensors, and integrated onboard processing that produce high-clarity images for persistent monitoring and improved vehicle, vessel, and aircraft detection.
BlackSky (NYSE: BKSY) reported that its fourth Gen-3 satellite achieved on-orbit first light within hours after launch, delivering very high-resolution imagery over Santiago, Chile on March 8, 2026. The milestone expands Gen-3 capacity for responsive, tactical ISR and shortens launch-to-operations timelines.
The company said rapid commissioning and a vertically integrated tech stack enable customers faster, mission-relevant access to 35-centimeter imagery, automated real-time monitoring, and subscription or sovereign deployment options.
BlackSky (NYSE: BKSY) secured a seven-figure, four-year award under the NGA Luno A Facility Monitoring delivery order to continue AI-enabled, high-cadence change detection services for government customers. The renewal reflects customer satisfaction and reliable performance and follows the addition of very high-resolution Gen-3 satellites to the constellation.
Under the order, BlackSky monitors more than 14 million square kilometers and provides automated detection across vehicles, aircraft, vessels, railcars and ground equipment at military and economic facilities worldwide.