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$BKSY

6 stories mentioning BKSYUpdated 14d ago

Every FINWIRES story that references BKSY, newest first.

Wire

BlackSky Wins Modified National Reconnaissance Office Contract; Shares Rise Pre-Bell

BlackSky Technology (BKSY) said Tuesday it has won a modification to its existing contract with the US National Reconnaissance Office to develop its AROS broad area collection satellites.Financial terms were not disclosed.The company said the satellites are intended to support digital mapping, navigation, maritime situational awareness, and 3D digital twin applications.It said the system architecture will also include a new proprietary data pipeline to provide real-time and retrospective artificial intelligence analytics, model training, and decision support tools.Shares of BlackSky were up 4.4% pre-bell.

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Wire

BlackSky Technology Wins Seven-Figure Renewal for Non-Earth Imagery Program

BlackSky Technology (BKSY) secured a seven-figure, multiyear contract renewal with an undisclosed customer to deliver imagery and AI-enabled analytics of on-orbit objects to support future non-Earth imagery services.The expanded agreement includes work on next-generation imaging payloads and specialized mission-planning software for space domain awareness operations, BlackSky said Thursday in a statement.Price: $49.46, Change: $-1.54, Percent Change: -3.02%

$BKSY
Wire

BlackSky Technology Wins Contract for Gen-2 Mission Applications

BlackSky Technology (BKSY) said Tuesday it won a seven-figure subscription contract from a new government client for new Gen-2 mission applications.This initial one-year period-of-performance agreement expands access to Gen-2 capacity and boosts mission value for the clients, according to a statement.Shares of BlackSky rose 2.5% on Tuesday.Price: $42.03, Change: $+0.65, Percent Change: +1.57%

$BKSY
Wire

BlackSky Offers Strong Operating Leverage, Oppenheimer Says

BlackSky Technology (BKSY) reported a Q1 revenue miss tied to timing of engineering services while bookings and pipeline are strong and accelerating, Oppenheimer said in a Thursday note.The report pointed to intelligence revenue that is set to double in the next three quarters and ramp into next year, which is recurring with no churn.Subscription momentum was the standout in the quarter, with gross margins in the 70% to 80% range, zero churn and six-figure pilots converting into eight-figure contracts, the note said.The company is targeting about $100 million in space-based intelligence and AI revenue for the year, implying about $35 million in Q4 against $16.5 million this quarter, it added."The company has strong operating leverage and is a major beneficiary from falling launch/manufacturing/AI costs as thespace/AI food chain matures with pricing power," the note said.Oppenheimer raised its price target to $50 from $31 while keeping its outperform rating.Price: $36.97, Change: $+4.73, Percent Change: +14.67%

$BKSY
Wire

BlackSky Technology Shares Drop After Q1 Loss Widens, Revenue Falls

BlackSky Technology (BKSY) shares dropped about 22% in early Thursday trading after the company posted a wider loss and lower revenue in Q1.The company reported a Q1 net loss Thursday of $0.82 per diluted share, widening from a loss of $0.42 a year earlier.Analysts surveyed by FactSet expected a loss of $0.39.Revenue for the quarter ended March 31 was $20.8 million, compared with $29.5 million a year earlier.Analysts surveyed by FactSet expected $27.6 million.The company raised its 2026 revenue outlook to a range of $130 million to $150 million, from previous guidance of $120 million to $145 million. Analysts surveyed by FactSet expect $131.9 million.Price: $31.80, Change: $-8.71, Percent Change: -21.50%

$BKSY
Wire

BlackSky Technology Wins $25 Million Defense Contract for Satellite Imagery

BlackSky Technology (BKSY) said Wednesday it won a $25 million multiyear agreement to provide an international defense client with high-resolution satellite pictures and artificial intelligence data analysis to support maritime surveillance operations.The client has already begun using data from BlackSky's newest spacecraft, which brings the total number of third-generation satellites currently operating in orbit to four, BlackSky said.The automated software systems will assist the customer in identifying and categorizing ships, aircraft, and land vehicles across designated geographic regions, it said.Shares of the company were up 1.6% in Wednesday trading.Price: $39.57, Change: $+0.63, Percent Change: +1.62%

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