BlackSky Technology (BKSY)

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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 ...
The 3 Most Undervalued Stocks Under $20 to Buy in February 2024
InvestorPlace· 2024-02-06 21:46
The pullbacks in the broader indices precipitated this list of undervalued stocks under $20. When done successfully, the biggest gains may come from investors adopting a contrarian stance. This is because investing early or against the grain may assume more risk, but this too comes with more rewards.These undervalued stocks under $20 represent a good mix of risk and predicted upside, so investors may consider this list of companies closely.Uranium Energy Corp (UEC)Source: RHJPhtotos / ShutterstockUranium En ...
BlackSky Technology (BKSY) - 2023 Q3 - Earnings Call Transcript
2023-11-08 17:25
BlackSky Technology Inc. (NYSE:BKSY) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Aly Bonilla - VP of IR Brian O'Toole - CEO Henry Dubois - CFO Conference Call Participants Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - Benchmark Company Jeff Van Rhee - Craig Hallum Greg Mesniaeff - WestPark Capital Griffin Boss - B. Riley Securities FBR Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Third Quarter 2023 Earnings C ...
BlackSky Technology (BKSY) - 2023 Q3 - Earnings Call Presentation
2023-11-08 12:37
BlackSky Proprietary BlackSky Proprietary BlackSky Proprietary Successful integration of BlackSky's high- frequency imagery services with the NRO's new data architecture Enables BlackSky to scale the delivery of imagery services through advanced APIs and enterprise interfaces BlackSky Proprietary for Launch in 2024 Scaling satellite manufacturing production line BlackSky Proprietary BlackSky Proprietary (→) Strong customer demand and growing momentum from new and existing U.S. and international government c ...
BlackSky Technology (BKSY) - 2023 Q2 - Earnings Call Transcript
2023-08-09 16:35
BlackSky Technology Inc. (NYSE:BKSY) Q2 2023 Earnings Conference Call August 9, 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 Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - The Benchmark Company Greg Mesniaeff - WestPark Capital Griffin Boss - B. Riley Securities Caleb Henry - Quilty Analytics Operator Good morning, ladies and gentlemen ...
BlackSky Technology (BKSY) - 2023 Q2 - Earnings Call Presentation
2023-08-09 12:57
EARNINGS WEBCAST Brian O'Toole Chief Executive Officer 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," "will likely result," and similar expressions are often intended to identify forward-looking statements, although ...
BlackSky Technology (BKSY) - 2023 Q2 - Quarterly Report
2023-08-08 16:00
For the transition period from to Commission file number 001-39113 ___________________________________ i • our ability to add new satellites to our commercial operations; You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, performance, or events and circumstances reflected in the forward-looking statements will be achieved or occu ...
BlackSky Technology (BKSY) - 2023 Q1 - Earnings Call Transcript
2023-05-10 16:08
Financial Data and Key Metrics Changes - Total revenue for Q1 2023 was $18.4 million, an increase of $4.5 million or 32% year-over-year [102] - Imagery and analytics revenue grew to $15.8 million, representing a 114% increase over the prior year period, driven by higher volumes delivered to U.S. and international government customers [102] - Adjusted EBITDA loss was $4.1 million, a 57% improvement from the $9.5 million loss in the prior year, primarily due to increased high-margin revenue while maintaining a static cost base [103] Business Line Data and Key Metrics Changes - Imagery and analytics business contributed 86% of total revenues in Q1 2023, up from about 50% in Q1 2022 [9] - Professional and engineering services revenue decreased to $2.6 million in Q1 2023 from $6.5 million in the prior year, attributed to nearing completion of R&D programs [77] Market Data and Key Metrics Changes - International revenues now account for nearly 25% of overall revenues, indicating strong international demand [54] - The company successfully closed over a dozen contracts, many supporting international government agencies, including a significant $150 million multiyear contract for imagery and analytics services [98][72] Company Strategy and Development Direction - The company is focused on expanding its sales pipeline and customer base through an aggressive go-to-market strategy and investment in international sales [11] - Continued investment in next-generation satellites (Gen 3) is planned, with contracts already secured for capacity and capabilities [76][90] - The company aims to achieve positive adjusted EBITDA by Q4 2023, supported by strong demand for high-frequency imagery and analytics [36][103] Management's Comments on Operating Environment and Future Outlook - Management noted strong demand for space-based capabilities driven by geopolitical, economic, and security concerns, leading to increased investments from government agencies [5] - The company is optimistic about achieving its full-year revenue guidance of $90 million to $96 million, with a clear path to sustainable long-term profitability [36][37] Other Important Information - The company successfully deployed two new Gen 2 satellites, enhancing imaging capacity and redundancy [31][8] - An amendment to the existing debt facility was announced, extending maturity until 2026 and reducing cash interest payments for the next two years [63][78] Q&A Session Summary Question: Can you elaborate on the situation with your Global 7 and Global 8 satellites? - Management confirmed that they occasionally adjust satellite altitudes as part of normal operations to enhance performance and extend mission life [108] Question: What is the status of Gen 3 capacity contracts? - Management indicated that the $150 million contract is for Gen 3 capability, with existing customers looking to transition from Gen 2 to Gen 3 as it becomes available [110] Question: How is the commercial market performing? - Management acknowledged that commercial revenues are still small but noted growing interest and demand, particularly in monitoring commodities and supply chains [118]
BlackSky Technology (BKSY) - 2023 Q1 - Earnings Call Presentation
2023-05-10 14:12
Legal Disclaimers 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," "will likely result," and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements c ...