BKSY

BlackSky Technology Inc.

Ticker: BKSYTechnologyCommunications Equipment
HQ HERNDON, VACIK 1753539FY end 12-31Book / share $5.66Shares 37M
Revenue (FY)
$106.58M+4.39%
TTM $108.92M
Op. margin
-44.01%-0.63%
TTM -43.44%
Net income
$-70.26M-22.79%
TTM $-66.71M
Operating cash
$-28.31M-343.47%
TTM $-54.16M
Free cash flow
$-44.52M-101.81%
TTM $-69.56M
Return on equity
-74.06%-13.18%
TTM -31.53%
Debt / equity
2.12+0.97%
TTM 1.00
Shares outstanding
33.6M+56.87%
TTM 37.4M

The business

BlackSky Technology Inc. (NYSE: BKSY) is a space-based technology company that delivers real-time imagery, analytics, and high-frequency monitoring of critical global locations and economic assets. Founded in 2014, BlackSky operates at www.blacksky.com and has established itself as a trusted provider of space-based intelligence to U.S. defense and intelligence agencies, international governments, and commercial organizations worldwide.

The company's core business centers on two vertically integrated strategic assets: a proprietary constellation of high-resolution, low earth orbit small satellites and the BlackSky Spectra artificial intelligence-enabled software platform. BlackSky's satellite constellation, comprising second-generation and third-generation satellites, provides high-frequency monitoring capabilities with up to 15 revisits per day under optimal conditions. The Gen-3 satellites feature 35-centimeter electro-optical imaging resolution and 1.2-meter short-wave infrared imaging for nighttime capabilities, along with advanced data communications that accelerate intelligence delivery. The company's software platform applies machine learning and AI techniques to transform raw satellite data into actionable intelligence, enabling customers to task the constellation and receive high-resolution imagery and analytics in under 90 minutes on average.

BlackSky generates revenue through three primary streams: space-based intelligence and AI services delivered via subscription-based On-Demand and Assured offerings, Mission Solutions that enable nations to develop customized sovereign space-based intelligence systems, and advanced technology programs supporting research and development and operational integration. The company serves predominantly U.S. federal government agencies including the National Reconnaissance Office, National Geospatial-Intelligence Agency, and U.S. Space Force, along with international governments and a growing commercial customer base across energy, insurance, commodities, logistics, and other sectors.

As of December 31, 2025, BlackSky employed 321 people, primarily in software development, engineering, and manufacturing. The company manufactures satellites at its facility in Tukwila, Washington, maintaining vertical integration from design through production. BlackSky's competitive differentiation rests on its disruptive adoption models, proven secure software architecture, vertically integrated manufacturing capabilities, and purpose-built constellation optimized for monitoring the approximately 90 percent of global GDP concentrated in specific strategic locations.

Sector
Technology
Industry
Communications Equipment
HQ
HERNDON, VA
FY end
12-31
CIK
1753539
SIC
3663
Financial performance · annual
20192025
$-279.28M$-173.41M$-67.54M$38.34M$144.21M2019202020212022202320242025TTMTTMTTM

Ownership

Who holds BlackSky Technology Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

137
funds hold it
0 of 35
superinvestors hold it
$341.41M
fund-held value
22.7%
of shares held by funds

Top fund holders

Fund% of fundValue
Tema Space Innovators ETF
NASA · Tema ETF Trust
3.95%$102.79M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%$27.71M
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%$24.45M
Global X Defense Tech ETF
SHLD · GLOBAL X FUNDS
0.24%$19.38M
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.03%$11.17M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

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