Blacksky Technology Inc
NYSE:BKSY
Blacksky Technology Inc
Blacksky Technology, Inc. provides real-time geospatial intelligence, imagery and related data analytic products and services and mission systems. The company is headquartered in Philadelphia, Pennsylvania and currently employs 210 full-time employees. The company went IPO on 2019-12-20. The firm provides monitoring and artificial intelligence (AI)-enabled analytics of the strategic locations, economic assets and events on planet Earth. Its software-as-a-service (SaaS) platform, Spectra AI delivers to its customers automated alerts, data and insights, which they can use to support day-to-day decision making. Its offerings are designed to support a range of government and commercial applications, including national and homeland security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence and others. Its key services and products include imagery and software analytical services, and engineering and systems integration. Imagery and software analytical services include imagery services, and data, software, and analytics. The company develops and delivers advanced launch vehicle, satellite and payload systems, typically sold to government customers.
Blacksky Technology, Inc. provides real-time geospatial intelligence, imagery and related data analytic products and services and mission systems. The company is headquartered in Philadelphia, Pennsylvania and currently employs 210 full-time employees. The company went IPO on 2019-12-20. The firm provides monitoring and artificial intelligence (AI)-enabled analytics of the strategic locations, economic assets and events on planet Earth. Its software-as-a-service (SaaS) platform, Spectra AI delivers to its customers automated alerts, data and insights, which they can use to support day-to-day decision making. Its offerings are designed to support a range of government and commercial applications, including national and homeland security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence and others. Its key services and products include imagery and software analytical services, and engineering and systems integration. Imagery and software analytical services include imagery services, and data, software, and analytics. The company develops and delivers advanced launch vehicle, satellite and payload systems, typically sold to government customers.
Strong Q4 Results: BlackSky reported near-record Q4 2025 revenue of $35.2 million, up 16% year-over-year, driven by international and mission solutions contracts.
Full-Year Growth: Full-year 2025 revenue reached $106.6 million, with international revenue growing over 50% and now representing more than half of total revenue.
Profitability: The company achieved its second consecutive year of positive adjusted EBITDA, with Q4 adjusted EBITDA up 20% to $8.8 million.
Backlog & Liquidity: Backlog grew to $345 million, providing strong revenue visibility, and liquidity more than doubled to over $225 million.
Guidance Raised: 2026 revenue guidance set at $120–145 million, a 24% increase at the midpoint, with adjusted EBITDA guidance of $6–18 million.
Gen-3 Satellite Momentum: Three Gen-3 satellites are operational, driving customer adoption and revenue ramp; plan to have 8–9 Gen-3 satellites in orbit by end of 2026.
International Demand: Significant international traction for sovereign mission solutions, with multi-year contracts and growing interest across all major global regions.
