BlackSky Technology Inc. - BKSY STOCK NEWS

BlackSky (NYSE: BKSY) announced enhancements to its site monitoring capabilities, introducing new analytics and imaging features. These upgrades allow for more comprehensive information gathering across diverse global locations. The company now offers customizable monitoring solutions, including API-level customization and advanced object identification. These tools aim to assist various sectors, including government and financial services, in tracking economic assets and activities effectively. BlackSky emphasizes the significance of timely insights for operational decision-making.

BlackSky Technology Inc. (NYSE: BKSY) will hold a conference call on May 11, 2022, at 8:30 AM ET to discuss its first quarter 2022 results and business outlook. A press release revealing financial results will be issued prior to the call. To participate, dial 1-877-589-7299 (domestic) or 1-201-689-8778 (international) ten minutes early. The call can be accessed via a live web simulcast and a replay will be available from 12:30 PM ET on May 11 through May 25, 2022.

PAR Technology Corporation (NYSE: PAR) announced that its subsidiary, PAR Government Systems Corporation, has integrated BlackSky's (NYSE: BKSY) satellite data into its Sit(x)™ suite, enhancing real-time operational capabilities for tactical users. This collaboration provides access to critical imagery via the Tactical Assault Kit (TAK) platform. With Sit(x), data sharing among military and civilian personnel is streamlined, facilitating improved decision-making in dynamic environments. Demonstrations are taking place at GEOINT 2022, showcasing real-time personnel tracking over BlackSky images of Ukraine.

BlackSky Technology (NYSE: BKSY) has successfully launched two new satellites within 45 days while shifting orbits to enhance imaging over Ukraine. Following the launch on April 2, the company provided customers with analytics and imagery products within 24 hours, significantly increasing constellation capacity. CEO Brian E. O’Toole highlighted the rapid deployment and enhanced revisit frequency of the satellites, crucial for on-ground monitoring amidst the ongoing conflict.

BlackSky (NYSE: BKSY) announced the successful launch of two new satellites on April 2, 2022, expanding its constellation from 12 to 14 units. This mission, part of a recent series, allowed the company to achieve a record in commercial operations, generating high-resolution images and analytics within just 12 hours of launch. The increased capacity enables enhanced monitoring and analysis of critical global activities, with an average daily revisit rate of 8 to 10 times for most locations.

BlackSky (NYSE: BKSY) has established a new Strategic Advisory Group comprising three distinguished leaders from the U.S. military and intelligence sectors. The members, including Joseph D. Kernan, John F. Mulholland, Jr., and Michael R. Dickey, will provide strategic insights to support BlackSky’s growth in defense and intelligence markets. CEO Brian E. O’Toole emphasized the group's role in guiding the company's strategy at a time when commercial space capabilities are crucial for national security. This initiative aims to enhance BlackSky's business development and technology investments.

Rocket Lab USA has successfully launched two BlackSky satellites, enhancing its role in the geospatial intelligence sector. This lift-off marks Rocket Lab's 25th launch from its New Zealand base, increasing its total satellite deployments to 112. The new satellites will support BlackSky's Earth-imaging capabilities, enabling timely data delivery to various industries. This mission exemplifies Rocket Lab's commitment to provide dedicated launch services, with plans for more BlackSky launches later this year.

Rocket Lab USA, Inc. (RKLB) announced a launch window opening on April 1, 2022, for its Electron mission carrying two BlackSky (BKSY) satellites. This mission will enable Rocket Lab to recognize related revenue in its fiscal Q2 2022, leading to an updated Q1 2022 revenue outlook of approximately $40 million, down from an earlier range of $42 million to $47 million. The launch, Rocket Lab's 25th, will expand BlackSky's constellation to 14 satellites. Rocket Lab will not attempt to recover the Electron rocket for this mission.

BlackSky Technology Inc. (NYSE: BKSY) announced its participation in several upcoming investor conferences in March and April 2022. Key events include the Deutsche Bank 30th Annual Media, Internet, and Telecom Conference from March 14-16, featuring CEO Brian O’Toole's fireside chat on March 15. Additionally, the Bank of America STAARS Summit on March 20-22 will have O’Toole speaking on March 21. Lastly, a virtual Jefferies Space Summit on April 12 will also include O’Toole and CFO Johan Broekhuysen. BlackSky specializes in real-time geospatial intelligence.