BlackSky Technology Inc. - BKSY STOCK NEWS

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.

BlackSky (NYSE: BKSY) has filed an S-8 Registration Statement with the SEC to facilitate the resale of employee shares. These shares follow prior registration in December 2021 but are being re-registered due to updated SEC regulations. This filing does not include new issuances of shares or warrants. BlackSky specializes in real-time geospatial intelligence, utilizing its satellite constellation and advanced analytics to offer insights to customers worldwide. For more details, the Registration Statement is available on BlackSky's investor relations page and the SEC's website.

BlackSky (NYSE: BKSY) announced it is filing a prospectus supplement to its S-1 Registration Statement with the SEC. The prospectus does not involve new share or warrant issuances or additional shares for resale. This supplement updates information related to the fourth quarter and full year 2021 results and accounts for shareholder distributions. BlackSky specializes in real-time geospatial intelligence, using a satellite constellation to monitor global activities, delivering valuable insights to customers through its Spectra AI platform.

BlackSky Technology Inc. (NYSE: BKSY) reported significant growth in its Q4 and full-year 2021 financials, with revenues rising 79% to $11.5 million in Q4 and 61% to $34.1 million for the year. Despite these gains, the company experienced operating losses of $31.9 million for Q4 and $120.1 million for the year, largely due to non-recurring expenses and investments in growth. The company successfully launched six satellites, increasing its constellation to 12, and anticipates further growth with a revenue outlook of $58 million to $62 million for 2022, driven by increasing demand in both government and commercial sectors.

BlackSky Technology Inc. (BKSY) will host a conference call on February 22, 2022, at 8:30 AM ET to discuss its fourth quarter and full year 2021 results. A press release with financial results will precede the call. Participants can join via phone or listen to a live web simulcast. A replay will be available from 11:30 AM ET on February 22 through March 8. BlackSky provides real-time geospatial intelligence through its satellite constellation and Spectra AI platform, delivering crucial insights for various applications.

Rocket Lab announced its 24th Electron launch scheduled for February 4, 2022, as part of a multi-launch deal with BlackSky (NYSE:BKSY) through Spaceflight Inc.. The mission, named 'Without Mission A Beat', will deliver additional satellites for BlackSky to expand its Earth-imaging satellite constellation.

This launch marks the continuation of Rocket Lab's busy launch schedule and confirms its role as a trusted partner for BlackSky in satellite deployment.

BlackSky has appointed Aly Bonilla as Vice President of Investor Relations, reporting to CFO Johan Broekhuysen. Bonilla brings nearly 25 years of experience in investor relations and financial management, previously serving in roles at ORBCOMM and Office Depot. His expertise is expected to enhance BlackSky's investor relations strategy and strengthen shareholder value, according to Broekhuysen. BlackSky is a leader in real-time geospatial intelligence, utilizing its satellite constellation to monitor global activities.