BlackSky Technology Inc Class A (BKSY)

BlackSky Technology's stock has experienced significant fluctuations in the past six months. The stock saw a substantial increase of 181.57% from May 8, 2025, to May 7, 2026, and a 111.2% increase year-to-date from the start of 2026 to May 9, 2026. A 1-8 reverse stock split occurred on September 9, 2024. The stock price declined after the company reported its Q1 2026 results, posting a loss of $0.82 per share and revenue of $20.77 million. Despite the disappointing financial results, the company announced securing up to $160 million in new contracts during Q1 and raised its full-year 2026 revenue outlook to a range of $130 million to $150 million and adjusted EBITDA guidance to $12 million to $24 million.

There is no explicit information indicating significant demand seasonality for BlackSky Technology's products and services. The company's business model emphasizes transitioning customers to long-term subscription contracts, which are designed to provide a more predictable revenue stream. The company's focus on national security and economic intelligence suggests a relatively consistent demand driven by ongoing global monitoring needs rather than seasonal trends.

BlackSky Technology, Inc. is a space-based intelligence company providing real-time imagery, analytics, and high-frequency monitoring. Its core business involves delivering on-demand, high-frequency geospatial intelligence through space-based intelligence & AI services, mission solutions, and advanced technology programs. The BlackSky Spectra platform, an AI-enabled software, processes data from various sensors to generate critical insights and analytics. The company's Gen-3 On-Demand subscription services provide high-performance imagery and AI analytics for applications like national security, supply chain resilience, and infrastructure monitoring.

BlackSky Technology Inc. is headquartered in Herndon, Virginia, and serves a global customer base in the United States and the rest of the world, catering to both government and commercial clients.

BlackSky Technology has demonstrated a strong brand reputation, particularly concerning its core offerings and customer acquisition. The company has consistently highlighted strong demand for its Gen-3 space-based intelligence and AI services. BlackSky has been successful in capturing new customers and transitioning initial pilot programs into larger, long-term subscription agreements. The company is trusted by demanding U.S. and international government agencies, commercial businesses, and organizations globally.

BlackSky Technology Inc. has a mixed ownership structure, with significant institutional and insider holdings. Major institutional shareholders include BlackRock, Inc., Bank of New York Mellon Corp, and Vanguard Group Inc. Top individual and insider owners include Seahawk Spv Investment LLC and Mithril GP LP. Institutional shareholders hold approximately 56.17% of the company, while insiders hold about 104.62% and retail investors hold 0.00% according to one source. Other sources indicate institutional ownership around 30.39% to 14.26%, insider ownership at 8.45%, and public companies and individual investors holding around 61.16% to 16.13%.