Welcome to our dedicated page for Blacksky Technology news (Ticker: BKSY), a resource for investors and traders seeking the latest updates and insights on Blacksky Technology stock.
BlackSky Technology Inc. (NYSE: BKSY) is a real-time, space-based intelligence company that regularly publishes news about its satellite constellation, AI-enabled analytics, government contracts, and financial results. This news page aggregates press releases, third-party coverage, and regulatory announcements related to BKSY, giving readers a single place to review the company’s latest public information.
Recent BlackSky news has highlighted the rapid commissioning and commercial operation of its Gen-3 satellites, which the company describes as providing very high-resolution imagery and supporting AI-enabled vessel, aircraft, and vehicle detection and identification analytics. Updates have also covered the speed at which new Gen-3 satellites deliver initial imagery and enter commercial service through the BlackSky Spectra tasking and analytics platform.
In addition to technology and constellation updates, BlackSky news frequently covers contract activity and customer wins. The company has announced multi-year contracts with strategic international defense customers to integrate Gen-3 tactical ISR services into secure environments, delivery orders from the National Geospatial-Intelligence Agency under the Luno A program for AI-enabled change detection, and other agreements for commercial imagery, analytics, and sovereign solutions. These items illustrate how BlackSky’s satellite and software capabilities are being used by U.S. and international government agencies and other organizations.
Financial news items include quarterly results, backlog and contract award disclosures, and capital markets transactions such as convertible note offerings. The company also issues notices about participation in investor conferences and webcasts for earnings calls. Investors and observers can use this news page to review how BlackSky reports on its operations, contracts, satellite launches, and financial condition over time.
BlackSky Technology (NYSE:BKSY) has secured the next phase of a U.S. Navy research contract to advance optical inter-satellite link (OISL) terminal applications for its Gen-3 constellation. The development focuses on enhancing the speed of high-resolution imagery and space-based data transmission between satellites.
The Gen-3 satellites will be equipped with OISL terminals compatible with both Space Development Agency's Transport Layer and commercial transport networks. These enhanced satellites are expected to deliver data 10 times faster than current systems, with data volumes 5 times greater than existing capabilities. The laser-based OISLs will create high-bandwidth, direct communication lines between satellites, offering more secure and resilient data transmission.
BlackSky Technology (NYSE: BKSY) has secured a contract to provide Gen-3 and Gen-2 monitoring services to Latin American defense and intelligence customers. The agreement offers immediate On-Demand subscription-based access to the BlackSky Spectra® tasking and analytics platform.
The service includes AI-enabled automated tip-and-cue tasking capabilities, access to BlackSky Archive imagery and analytics data, and the ability to order third-party commercial constellation data. BlackSky's platform delivers high-cadence imagery up to 15 times per day with rapid, hourly revisit rates, providing critical monitoring capabilities for tracking irregular migration and vehicle, vessel, and aircraft movements.
BlackSky Technology (NYSE:BKSY) has scheduled its second quarter 2025 earnings conference call for Thursday, August 7, 2025, at 8:30 a.m. EDT. The company will release its financial results before the call on the same day.
Investors can access the live webcast through the company's investor relations website at ir.blacksky.com under the "News & Events" section. For those joining by phone, the dial-in numbers are 1-877-589-7299 (US) or 1-201-689-8778 (International). A replay will be available until August 21, 2025, using access code 13754663.
BlackSky Technology (NYSE:BKSY) has priced an upsized $160 million offering of 8.25% Convertible Senior Notes due 2033. The offering, increased from the initially announced $125 million, includes an option for purchasers to acquire an additional $25 million in notes.
The notes will carry an 8.25% annual interest rate, payable semiannually, and feature an initial conversion rate of 27.1909 shares per $1,000 principal amount, equivalent to a conversion price of $36.78 per share - a 30% premium over the stock's last reported price. BlackSky expects net proceeds of approximately $153.7 million, which will be used to repay existing debt facilities and for general corporate purposes.
The notes will mature on August 1, 2033, with holders having the option to convert their notes into cash, BKSY common stock, or a combination thereof, at BlackSky's discretion.BlackSky Technology (NYSE: BKSY) has announced plans to offer $125 million in Convertible Senior Notes due 2033 through a private offering to qualified institutional buyers. The company will also grant initial purchasers an option to buy an additional $18.75 million in notes.
The notes will be unsecured obligations with semiannual interest payments. Upon conversion, BlackSky can choose to settle in cash, shares of Class A common stock, or a combination of both. The company plans to use $103.1 million to repay outstanding secured term loan facility, $10.2 million to repay revolving credit facility, and the remainder for general corporate purposes.
BlackSky Technology (NYSE: BKSY) has secured a competitive, multimillion-dollar contract with a new international defense customer for Gen-3 and Gen-2 Assured services extending through 2029. The agreement includes immediate subscription-based imagery and analytics services along with ground segment modernization services.
The contract features guaranteed tasking capacity for persistent monitoring and includes upgrading the customer's existing ground station and mission operations center with direct-downlink capabilities. The customer will utilize BlackSky's Spectra® AI-enabled platform to order and analyze data from Gen-3 and Gen-2 satellites for automated object detection and classification.
BlackSky Technology (NYSE: BKSY) has secured a significant contract expansion with an existing international customer supporting Ukraine, adding Gen-3 very high-resolution satellite imagery capabilities to their current Gen-2 services.
The agreement highlights the synergistic relationship between BlackSky's satellite generations, combining Gen-2's low-latency, high-cadence monitoring with Gen-3's 35-centimeter resolution imagery. The integration enables enhanced military and intelligence operations through BlackSky's Spectra® platform.
Currently, BlackSky has two Gen-3 satellites in orbit and plans to expand to a six-satellite Gen-3 constellation by the end of 2025.
BlackSky Technology (NYSE:BKSY) has secured a significant $24 million, four-year delivery order from the National Geospatial-Intelligence Agency (NGA) for the Luno A Facility Operational Monitoring (FOMO) program. The company has received an initial $2 million base and surge option award.
The contract involves using BlackSky's AI-enabled monitoring capabilities to detect objects and pattern-of-life changes at military and economic facilities worldwide. The company currently monitors over 30 million square kilometers of Earth's surface for NGA. This award is part of a larger five-year, $290 million Luno A multi-award contract announced in October for global monitoring services.