BlackSky Technology Inc.
ir.blacksky.comWhat Do They Do?
Sells satellite imagery, automated analytics and monitoring services to government agencies and commercial organizations.
10-K for FY2025, filed Mar 17, 2026Founded in 2014, BlackSky Technology Inc. (“BlackSky,” the “Company,” “we,” “us,” or “our”) is a space-based technology company that…View ↗
Customers experience the value of BlackSky’s capabilities through three primary products and services—space-based intelligence and AI…View ↗
BlackSky sells space-based intelligence and AI services via our On-Demand and Assured product offerings that are comprised of predefined…View ↗
Many of the most important government and commercial organizations in the world, including U.S. and international defense and intelligence…View ↗
How Do They Make Money?
Government customers subscribe for imagery, data and analytics access over annual or multi-year periods. BlackSky also supplies customized satellite systems and technical services under project contracts, with contract work billed as it progresses.
10-K for FY2025, filed Mar 17, 2026Our customer agreements are generally structured as annual or multi-year subscription contracts. We offer pricing tiers that enable the…View ↗
Space-based intelligence & AI services revenue include imagery delivered from the Company’s proprietary satellite constellation and…View ↗
The Company provides mission solutions, which develop and deliver customized advanced satellite and payload systems for a limited number of…View ↗
The Company offers various advanced technology programs, including technology enabled professional service solutions to support…View ↗
Advanced technology programs revenue is primarily generated from cost-plus contracts, and time and materials basis contracts and firm-fixed…View ↗
For firm fixed price mission solutions and advanced technology programs contracts, the Company recognizes revenue over time using the cost…View ↗
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10-K for FY2025, filed Mar 17, 2026
FY2025 revenue by product or service ↗
$106.6M
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10-K for FY2025, filed Mar 17, 2026
$106.6M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Space-based intelligence & AI services
Recurring
10-K for FY2025, filed Mar 17, 2026 |
61% |
Space-based intelligence & AI services, FY2025
$65.1M Sources
|
Recurring |
|
Mission solutions
Recurring
10-K for FY2025, filed Mar 17, 2026 |
20% |
Mission solutions, FY2025
$21.2M Sources
|
Recurring |
|
Advanced technology programs
Recurring
10-K for FY2025, filed Mar 17, 2026 |
19% |
Advanced technology programs, FY2025
$20.2M Sources
|
Recurring |
Who Are Their Customers?
BlackSky sells to U.S. federal agencies and foreign governments and organizations; commercial and industrial businesses are also customers. Users access imagery and analytics through BlackSky Spectra.
10-K for FY2025, filed Mar 17, 2026
Do Revenues Turn Into Profits?
No. It lost $70.3M in FY2025.
10-K for FY2025, filed Mar 17, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 6, 2026
−$20.8MView ↗
- ▼ −49% (Loss)
- vs −$41.2M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
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Aug 13, 2026
NYSE suspended trading in warrants and began delisting proceedings
The NYSE said trading in BlackSky common stock would continue, subject to its other listing requirements.
Sources
8-K, filed Aug 13, 2026
On August 7, 2026, the New York Stock Exchange (the “NYSE”) notified BlackSky Technology Inc. (the “Company”), and, on August 10, 2026, the…View ↗
Growing. Revenue grew 3.1x in 4 years, from $34.1M in FY2021 to $106.6M in FY2025, about 33% a year.
Broader-area collection plans
The latest report adds plans for multispectral satellites for country- and region-scale mapping and digital-twin applications, alongside the earlier focus on frequent imagery of strategic locations.
10-K for FY2022, filed Mar 23, 2023 10-K for FY2025, filed Mar 17, 2026We design, develop, manufacture, and operate a constellation of proprietary high-resolution, high-revisit LEO smallsats. Our constellation…View ↗
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