Revenue Performance - Total revenue for the three months ended March 31, 2023, was $18,397 thousand, an increase of 32.4% compared to $13,896 thousand for the same period in 2022[156] - Imagery and software analytical revenue rose to $15,760 thousand, representing 85.7% of total revenue, a significant increase of 113.8% from $7,370 thousand in the prior year[156] - Professional and engineering services revenue decreased to $2,637 thousand, accounting for 14.3% of total revenue, down 59.6% from $6,526 thousand in the same period last year[156] - The company expects continued revenue growth from existing U.S. and international defense and intelligence customers[152] - The company expects continued revenue growth in imagery and software analytical services for the year ending December 31, 2023, driven by stronger customer demand[174] Cost and Expense Management - Total costs for the three months ended March 31, 2023, were $6,478 thousand, a decrease of 40.9% from $10,955 thousand in the prior year[159] - Stock-based compensation expense decreased by 70.6% to $2,737 thousand from $9,319 thousand in the same period in 2022[161] - Depreciation and amortization expenses increased by 30.6% to $9,655 thousand compared to $7,391 thousand in the prior year[163] - Selling, general, and administrative expenses decreased by $3.59 million, or 15.9%, compared to the same period in 2022[180] - Research and development expenses increased significantly due to contracting third-party vendors for strategic projects[162] - Research and development expenses rose to $216,000, a 47.9% increase from $146,000 in the same period last year[187] Profitability and Loss - Operating loss improved to $(16.90) million, a 37.7% reduction from $(27.14) million in the same period last year[180] - Net loss for the three months ended March 31, 2023, was $(17.32) million, a 13.4% improvement from $(19.99) million in the prior year[180] - The net loss for the three months ended March 31, 2023, was $17.3 million, an improvement from a net loss of $20.0 million in the same period of 2022, representing a decrease of approximately 8.5%[225] - Adjusted EBITDA for the same period was a loss of $4.1 million, compared to a loss of $9.5 million in the prior year, indicating a significant improvement of approximately 56.7%[225] Cash and Liquidity - Cash and cash equivalents totaled $57.0 million as of March 31, 2023, up from $34.2 million at the end of 2022[169] - Current assets as of March 31, 2023, were approximately $91.4 million, providing sufficient liquidity for short-term requirements[200] - Cash used in operating activities for the three months ended March 31, 2023, was approximately $16.6 million, primarily due to increased working capital needs[202] - The company expects cash and cash equivalents, along with cash generated from operating activities, to be sufficient to meet working capital and capital expenditure needs for the foreseeable future[226] - Net cash used in operating activities was $16.6 million for the three months ended March 31, 2023, compared to $12.7 million in the same period of 2022, reflecting an increase in cash outflows of approximately 30.9%[231] Investment and Financing Activities - The net cash provided by investing activities was $10.5 million, primarily due to the redemption and maturity of $38.1 million in short-term investments, partially offset by purchases of $11.8 million[233] - Financing activities resulted in net cash provided of $28.9 million, a significant increase compared to a net cash used of $3.6 million in the same period of the previous year, representing a change of approximately 900%[231] - The company plans to invest in capital expenditures for satellite procurement and the development of the Spectra AI platform to enhance product capabilities[199] Stock and Dividend Policy - The company has largely transitioned to granting RSUs to employees, with the grant date fair value equal to the trading price of Class A common stock on the date of grant[212] - The company does not currently plan to pay dividends on its Class A common stock, resulting in an assumed dividend yield of zero for stock option valuations[212] Satellite Procurement and Services - Significant cash outflows for satellite procurement and launch-related services increased in the first quarter of 2023 compared to the same period in 2022, primarily due to the launch of two additional Gen-2 satellites[233]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-K ___________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39113 ___________________________________ BLACKSKY TECHNOLOGY ...

BlackSky Technology Inc. (NYSE:BKSY) Q4 2022 Earnings Conference Call March 7, 2023 8:30 AM ET Company Participants Aly Bonilla - Vice President of Investor Relations Brian O'Toole - Chief Executive Officer Henry Dubois - Chief Financial Officer Conference Call Participants Josh Sullivan - The Benchmark Company Jaeson Schmidt - Lake Street Scott Deuschle - Credit Suisse Edison Yu - Deutsche Bank Austin Moeller - Canaccord Genuity Griffin Boss - B. Riley Securities Caleb Henry - Quilty Analytics Operator Goo ...

Legal Disclaimers USE OF PROJECTIONS AND DATA BlackSky owns or has rights to various trademarks, service marks and trade names that it uses in connection with the operation of its businesses. This presentation may also contain trademarks, service marks, trade names and copyrights of third parties, which are the property of their respective owners. The use or display of third parties' trademarks, service marks, trade names or products in this presentation is not intended to, and does not imply, a relationshi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39113 ____________________________ ...

Blacksky Technology, Inc. (NYSE:BKSY) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Aly Bonilla - VP, IR Brian O’Toole - CEO, President & Director Henry Dubois - CFO Conference Call Participants Joshua Sullivan - The Benchmark Company Scott Deuschle - Crédit Suisse Edison Yu - Deutsche Bank Austin Moeller - Canaccord Genuity Caleb Henry - Quilty Analytics Colin Canfield - Barclays Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Third Qua ...

| --- | --- | --- | |-------|-------|-------------------------------------------------------------------| | | | | | | | © BlackSky 2022. All rights reserved. Confidential & Proprietary. | Legal Disclaimer FORWARD-LOOKING STATEMENTS Certain statements in this presentation may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. Words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39113 _________________________________ ...

BlackSky Technology Inc. (NYSE:BKSY) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET Company Participants Aly Bonilla - Vice President, Investor Relations Brian O’Toole - Chief Executive Officer Henry Dubois - Chief Financial Officer Conference Call Participants Jason Schmidt - Lake Street Capital Colin Canfield - Barclays Josh Sullivan - Benchmark Scott Deuschle - Credit Suisse Chris Quilty - Quilty Analytics Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technologies Seco ...

BLACK SKY BLACKSKY Q2 2022 EARNINGS WEBCAST August 10, 2022 © BlackSky 2022. All rights reserved. Confidential & Proprietary. Legal Disclaimers FORWARD-LOOKING STATEMENTS Certain statements in this presentation may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. Words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue ...