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BlackSky provides real-time geospatial intelligence by operating a constellation of small satellites that monitor strategic locations and global events. Users access an analytics platform to request on-demand imagery and receive automated data insights about specific economic or security assets. Unlike competitors that may only photograph a site once every few days, BlackSky captures images many times per day to show changes as they happen. The company's goal is to provide a live, high-frequency view of the world to help organizations make immediate decisions during disasters or security threats.
Industries
Data & Analytics
Government & Public Sector
Enterprise Software
Aerospace
Company Size
201-500
Company Stage
IPO
Headquarters
Herndon, Virginia
Founded
2013
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Total Funding
$741.6M
Above
Industry Average
Funded Over
9 Rounds
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Unlimited Paid Time Off
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Employee Stock Purchase Plan
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BlackSky Technology reported second quarter 2026 results showing 50.1% year-over-year revenue growth and a narrower loss whilst reaffirming full-year revenue guidance of $130 million to $150 million. The stock rebounded sharply following the announcement, with a one-day return of 10.37% and seven-day return of 23.73%. Despite recent volatility, including a 29.56% decline over 90 days, the share price has delivered a 33.48% year-to-date return and 61.48% one-year total shareholder return. At $27.79 per share, analysts suggest the stock could be 31.4% undervalued against a fair value estimate of $40.50. The company's Gen-3 satellite constellation ramp-up is driving demand and contract expansion. However, execution and funding risks remain, particularly around capital requirements and early access contract conversion rates.
BlackSky advances AI that spots targets, assesses strike damage From space. Less than a minute From spotting military targets to evaluating the aftermath of strikes, BlackSky is advancing artificial intelligence designed to accelerate space-based intelligence for military operations. The company has secured multiple US research and development contracts to expand its Gen-3 AI capabilities, enabling government customers to automatically identify targets, assess battle damage, and analyze satellite imagery within classified environments. In one of the contracts, BlackSky will enhance its automated target recognition tech while continuing to develop AI-powered battle damage assessment tools that help military decision-makers quickly evaluate the effects of strikes.
BlackSky unveils Gen-3 AI ISR solutions. Multiple US R & D contracts to advance customer automated target recognition capabilities and integrate battle damage detection into Gen-3 architecture July 8, 2026 BlackSky Technology won a series of U.S. R & D contracts to develop and field mission-critical Gen-3 AI solutions that enhance customers' ability to conduct real-time, space-based tactical ISR (intelligence, surveillance and reconnaissance) operations. "BlackSky continues to lead the commercial space-based intelligence industry by deploying proprietary, high-performance AI detection and identification algorithms directly into our customer's classified mission environment," said Brian O'Toole, BlackSky CEO. "Continued U.S. investments across BlackSky's advanced, purpose-built space-based AI solutions reflect strong alignment between our technical roadmap and the nation's current and future operational needs." "BlackSky's commercial AI capabilities are adding machine speed to our customers' space-based intelligence decision loop, compressing time and increasing the accuracy of strategic and tactical assessments, during live operations," said O'Toole. Under one contract BlackSky will leverage proven, high-performance AI-enabled object detection and identification algorithms to mature space-based automated target recognition capabilities within the customer's classified workflow. BlackSky will also continue to develop AI-enabled Battle Damage Detection analytics as a feature of its commercial Gen-3 offering. Automated battle damage analytics help decision makers quickly evaluate the physical and functional damage inflicted on targets during military operations. The Gen-3 constellation delivers industry-leading, best-in-class 35-centimeter imagery resolution with AI-driven analytics. The sharpness of imagery provides tactical visual clarity, reduces classification ambiguities, and reduces human analysts' cognitive load. The entire Gen-3 constellation has consistently delivered images with remarkable clarity and uniform quality, detailing vehicles, maritime vessels, and aircraft of various sizes, as well as individual people and their shadows.
BlackSky Technology CEO Brian O'Toole sold 15,512 shares of common stock on 10 June 2026 for approximately $529,000, according to an SEC filing. The shares were sold at $34.10 each, above the day's opening price of $31.38 and closing price of $31.79. The transaction reduced O'Toole's direct holdings by 1.3%, leaving him with substantial ownership valued at $36.2 million based on the closing price. The sale represents one of O'Toole's larger transactions but fits within his established selling pattern, marking his fourth sale since March 2025. BlackSky Technology provides geospatial intelligence and satellite imagery services to government and commercial clients. The company reported $97.81 million in trailing twelve-month revenue and employs 297 people.
NRO funds BlackSky for new satellites, AI-optimized image detection system | News World Defense. WASHINGTON ― The National Reconnaissance Office (NRO) has topped up its existing contract with BlackSky Technologies to help speed the development of new wide-area imagery satellites designed to support AI-driven target detection and analytics, according to agency and company officials. In an announcement today, BlackSky said that the funding injection will "accelerate the development of the company's AROS broad area collection satellites" to enable the...
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Industries
Data & Analytics
Government & Public Sector
Enterprise Software
Aerospace
Company Size
201-500
Company Stage
IPO
Headquarters
Herndon, Virginia
Founded
2013
Find jobs on Simplify and start your career today