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BlackSky Wins Competitive $24 Million Air Force Research Laboratory Contract for Global Moving Target Engagement
Businesswire· 2024-03-13 12:30
HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) won a competitive $24 million Air Force Research Laboratory (AFRL) ceiling contract to develop and demonstrate moving target engagement services. “BlackSky’s software-first, AI approach will add depth and scale to commercial space-based moving target detection, tracking and identification at machine speed,” said Brian E. O’Toole, BlackSky CEO. Using the BlackSky Spectra® tasking and analytics platform, the company will use its own and ...
BlackSky Spectra® Nominated for Via Satellite's 2023 Satellite Technology of the Year Award
Businesswire· 2024-03-06 13:30
HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) was nominated for Via Satellite’s 2023 Satellite Technology of the Year Award for BlackSky Spectra, the company's industry-leading tasking, AI and automated analytics platform. "BlackSky was founded on the principle that real-time intelligence requires a software-first mindset,” said Brian E. O’Toole, BlackSky CEO. “With Spectra customers task and receive imagery and AI-driven detection analytics in under 90 min from collection. Togethe ...
Unleash Your Inner Bull: 3 Stocks for Aggressive Growth
InvestorPlace· 2024-03-04 23:57
When it comes to building wealth, most financial advisors will eschew stocks for aggressive growth in favor of the Warren Buffett approach; that is, investing in proven but undervalued enterprises with relatively predictable business trajectories.However, not all of us are blessed with the Oracle of Omaha’s genetics. I mean, I’m not sure how Buffett manages to down his soft drinks and eat his confectionaries without suffering undue consequences. For many of us, we’ve got to get wealth quickly. For this fram ...
BlackSky Wins Multi-Million Dollar Contract in Support of U.S. Department of Defense Moving Target Study
Businesswire· 2024-03-04 13:30
HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) won a multi-million dollar contract in support of the U.S. Department of Defense to collect and annotate thousands of BlackSky multi-frame burst images to train moving target artificial intelligence models for commercial motion imagery. “We are taking BlackSky’s industry-leading ability to monitor moving objects from space another step forward by enhancing analytic accuracy and the ability to recognize patterns of life,” said Patrick O’ ...
BlackSky Technology (BKSY) - 2023 Q4 - Earnings Call Transcript
2024-02-28 19:38
Brian OÂ'Toole - Chief Executive Officer BlackSky Technology, Inc. (NYSE:BKSY) Q4 2023 Earnings Conference Call February 28, 2024 8:30 AM ET Company Participants Conference Call Participants Edison Yu - Deutsche Bank Greg Burns - Sidoti Chris Quilty - Quilty Space Good morning, ladies and gentlemen and welcome to BlackSky Technologies Fourth Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakersÂ' remarks, there will be a question-and-an ...
BlackSky Technology (BKSY) - 2023 Q4 - Earnings Call Presentation
2024-02-28 14:45
Imagery & Software Analytical Services Revenue Adjusted Imagery & Software Analytical Services Cost of Sales (1) Cash operating expenses(1) of $63.2 million, relatively flat to 2022 BLACK SKY 18 BLACKSKY TECHNOLOGY INC. RECONCILIATION OF IMAGERY AND SOFTWARE ANALYTICAL SERVICE COST OF SALES TO ADJUSTED IMAGERY AND SOFTWARE ANALYTICAL SERVICE COST OF SALES BLACK SKY * Amounts may not add due to rounding. +1% YoY Growth © BlackSky 2024. All rights reserved. Public information. © BlackSky 2024. All rights rese ...
BlackSky Technology Inc. (BKSY) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-02-28 14:36
BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.44%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.12, delivering no surprise.Over the last four quarters, the company has surpasse ...
BlackSky Technology (BKSY) - 2023 Q4 - Annual Results
2024-02-27 16:00
THIS LEASE ("Lease") is entered into as of ________________, between 2411 DULLES CORNER METRO OWNER LLC, a Delaware limited liability company ("Landlord"), and BLACKSKY TECHNOLOGY INC., a Delaware corporation ("Tenant"). (f) "Commencement Date" means September 1, 2024; provided, however, the Commencement Date shall be pushed back on a day-for-day basis for each day that Substantial Completion is delayed due to a Landlord Delay (as defined in Exhibit C). (h) "Expiration Date" means the last day of the Term, ...
3 Space Stocks to Turn $10,000 Into $1 Million: February 2024
InvestorPlace· 2024-02-21 20:22
I suppose that if you have enough time, any solid candidate for space stocks has the opportunity to turn $10,000 into $1 million. Still, if you want that million as quickly as possible, you’re going to have to accept huge risks. I don’t make the rules – that’s just the way that it is.Understanding this, the upside prospect for space stocks is quite compelling. According to a report by McKinsey & Company, the sector has already grown to approximately $4447 billion. That’s up from $280 billion in 2010. Furthe ...
BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense
Businesswire· 2024-02-08 14:40
Jakarta, Indonesia, January 25, 2024, 8:47a.m. Western Indonesia Time. BlackSky’s unconventional mid-inclination orbits and AI automation produce high-cadence, time-diverse images which are difficult to capture with traditional Earth observation systems. Through BlackSky’s subscription-based services, the Indonesian Defense Ministry is guaranteed access and first-priority tasking capacity over their national and regional areas of interest and can collect day, night, burst, broad-area 2x1, and multi-frame st ...