Core Viewpoint - BlackSky Technology's recent $24 million contract with the National Geospatial-Intelligence Agency (NGA) is a significant development, but it is unlikely to make the company profitable in the near term [1][6]. Group 1: Contract Details - The NGA awarded BlackSky a four-year contract for global monitoring of military and economic facilities, which includes AI-enabled object and pattern-of-life change detection [4]. - This contract is part of a larger umbrella agreement and is expected to provide an additional $6 million per year, with potential for growth as more delivery orders are issued [5]. Group 2: Stock Performance and Analyst Insights - Following the contract announcement, BlackSky's stock surged by 18.9%, and Canaccord Genuity analyst Austin Moeller raised the price target from $14 to $20 per share [2][3]. - Despite the positive stock movement, BlackSky's revenues have only increased by less than 10%, and the company continues to incur losses of approximately $54 million annually [6]. - Analysts do not anticipate BlackSky will achieve profitability before 2028, suggesting that the current stock price may still be too high [6][7].