BlackSky Technology Inc Class A (BKSY)

Over the past six months, BlackSky Technology Inc. (BKSY) stock reached a new 52-week high of $31.34 USD on October 8, 2025, and the share price on October 24, 2025, was $23.64, representing a substantial increase of 271.11% from October 25, 2024. The company secured significant government and international contracts, including a seven-figure agreement with HEO and a two-year Gen-3 early access deal with an international client. In Q2 2025, BlackSky announced the successful launch and commissioning of its second Gen-3 satellite and raised $185 million in an upsized convertible note offering; imagery & software analytical services revenue grew to $18.0 million, though the net loss for Q2 2025 was $41.2 million. BlackSky secured a two-year Gen-3 early access agreement with a new international customer in August 2025. In Q1 2025, total revenue increased 22% over the prior year period to $29.5 million, and backlog grew 40% to $366 million. BlackSky won a six-figure contract from a new strategic international customer in February 2025. The stock has shown a solid recent uptrend, but the Relative Strength Index (RSI) around 37.64 in July 2025 suggested some recent selling pressure.

The overall demand for BlackSky Technology's offerings is consistently described as increasing and strong, driven by an accelerating global need for real-time geospatial intelligence and analytics across government and commercial sectors. Expansion of satellite and analytics capabilities, new mission applications enabled by Gen-3 satellites, and strategic contract wins indicate a consistent and growing demand for BlackSky's services. The company's "land-and-expand" approach suggests a continuous demand model rather than strong seasonality. BlackSky is projected to move towards profitability within the next few years, driven by a consistent growth rate. The company has a strong and growing backlog, providing strong out-year revenue visibility.

BlackSky Technology, Inc. (BKSY) operates as a space-based intelligence company, specializing in real-time geospatial intelligence and global monitoring services within the Aerospace & Defense sector. The company provides on-demand, high-frequency imagery, monitoring, and analytics of strategic locations, economic assets, and global events. Its major products and services include geospatial intelligence, imagery, and related data analytic products and services, the BlackSky Spectra® platform, satellite development and delivery, professional and engineering services, and the AROS initiative. BlackSky's products and services are utilized in diverse applications such as national security, supply chain intelligence, crisis management, critical infrastructure monitoring, and economic intelligence.

BlackSky Technology Inc. operates globally, with a significant presence in North America, the Middle East, and the Asia Pacific. The company serves a diversified customer base that includes government agencies, commercial clients, and defense departments across multiple geographies.

In the past year, BlackSky Technology's brand reputation appears to be strong and positive, driven by its technological advancements and strategic contract successes. The company has been recognized for its growing presence in geospatial intelligence and the rising global demand for its advanced Earth observation analytics. Securing major government and international contracts has significantly boosted its profile. BlackSky is solidifying its position as a leading provider of real-time, high-resolution Earth observation data and analytics. Analyst sentiment is generally bullish, with a consensus "strong buy" rating. The successful launch and commissioning of Gen-3 satellites contribute positively to its reputation.

BlackSky Technology Inc. (BKSY) has a diverse ownership structure, including institutional, retail, and individual investors. Institutional owners hold a total of 19,255,486 shares, with major owners including AWM Investment Company, Inc., BlackRock, Inc., and Vanguard Group Inc. Individual insiders own approximately 5.52% of the company's shares, with Brian O'Toole, the CEO, noted as a significant individual owner. Retail investors hold approximately 71.17% of the stock. Private companies hold about 7%, public companies hold around 15.3%, and VC/PE Firms account for approximately 24% of ownership.