BlackSky

BlackSky

Provides real-time satellite imagery and analytics

About BlackSky

Simplify's Rating
Why BlackSky is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Aerospace

Defense

Company Size

201-500

Company Stage

IPO

Headquarters

Herndon, Virginia

Founded

2013

Overview

BlackSky provides real-time geospatial intelligence through high-frequency satellite imagery and analytics. The company operates a constellation of small satellites in low Earth orbit, which capture images of critical locations and events whenever needed. Clients, including government agencies and commercial enterprises, use BlackSky's services for applications like national security, disaster response, and infrastructure monitoring. BlackSky's business model is based on subscription plans for continuous access to imagery and on-demand services for specific requests. This approach allows clients to scale their usage according to their needs while ensuring a steady revenue stream for the company. BlackSky differentiates itself by offering timely and cost-effective imagery solutions, supported by strategic partnerships to enhance its satellite capabilities.

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Simplify's Take

What believers are saying

  • BlackSky secured a $290 million contract with the U.S. National Geospatial-Intelligence Agency.
  • The acquisition of LeoStella enhances control over satellite production and capabilities.
  • Rising demand in precision agriculture boosts the geospatial intelligence market.

What critics are saying

  • Increased competition from emerging satellite imaging companies threatens market share.
  • Reliance on government contracts poses risks with potential policy changes.
  • The LeoStella acquisition may strain financial resources if integration issues arise.

What makes BlackSky unique

  • BlackSky offers real-time satellite imagery with a 60-satellite constellation.
  • The company provides on-demand, high-frequency imagery and analytics globally.
  • BlackSky's subscription-based model ensures steady revenue and scalable client usage.

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Funding

Total Funding

$579.9M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Flexible Spending Accounts

Employee Stock Purchase Plan

Employee Assistance and Travel Assistance Programs

Professional Development Budget

Employer matching donations

Growth & Insights and Company News

Headcount

6 month growth

โ†‘ 10%

1 year growth

โ†‘ 1%

2 year growth

โ†‘ 1%
Defence Industry
Feb 28th, 2025
BlackSky secures major U.S. defence contract for next-generation tactical GEOINT

BlackSky Technology Inc. has been awarded a multimillion-dollar contract by the U.S. Defense Innovation Unit (DIU) to expand its Gen-3 Tactical Geospatial Intelligence (TACGEO) capabilities.

SpaceWar
Jan 17th, 2025
BlackSky secures $200M Luno B contract

BlackSky secures $200M Luno B contract

Stock Titan
Jan 8th, 2025
BlackSky to Present at the 27th Annual Needham Growth Conference

BlackSky to present at the 27th Annual Needham Growth Conference.

WashingtonExec
Dec 12th, 2024
Top MarCom Execs to Watch in 2024: BlackSky's Lyn Chassagne

Lyn Chassagne joined BlackSky in 2022, adding another stage of ascent to an already prolific marketing career in the space industry.

SpaceNews
Nov 8th, 2024
BlackSky Acquires Full Control of LeoStella

BlackSky has acquired full ownership of smallsat manufacturer LeoStella by purchasing the 50% stake from Thales Alenia Space. This acquisition, completed on Nov. 6, aims to enhance control over the production of BlackSky's next-gen Gen-3 imaging satellites, which offer improved resolution and capabilities. The first Gen-3 satellite is in final testing and will be launched from New Zealand. Financial terms of the deal were not disclosed.

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