BlackSky Technology reports Q3 revenue of $19.6 million

Reuters11-06
BlackSky Technology reports Q3 revenue of $19.6 million

BlackSky Technology Inc. reported total revenue of $19.6 million for the third quarter ended September 30, 2025. The company highlighted strong international demand, securing over $60 million in new contract awards, primarily driven by interest in its Gen-3 satellites and space-based intelligence solutions. As of September 30, 2025, cash and cash equivalents, restricted cash, and short-term investments totaled $147.6 million. Capital expenditures for the third quarter were $15.0 million, with year-to-date capital expenditures reaching $33.9 million. BlackSky is maintaining its full-year 2025 guidance for revenue, adjusted EBITDA, and capital expenditures.

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