The Latest Breaking News from BKSY

Analysts expect the Space industry to foster a $1 trillion market by 2040. Moreover, the ongoing war in Ukraine is expected to create opportunities for the United States in the commercial space market. Given this scenario, Wall Street analysts see satellite stocks BlackSky Technologies (BKSY), Astra Space (ASTR), and Planet…

BlackSky Technology Inc (NYSE: BKSY) shares are trading higher Wednesday after the company was awarded a 10-year electro optical commercial layer contract with the U.S. government.

BlackSky Technology Inc (NYSE:BKSY) reported first-quarter revenue growth of 91% year-over-year to $13.9 million, beating the consensus of $11 million. Imagery and software analytical services revenue was $9.8 million (+63% Y/Y), driven by increased demand from new and existing government contracts. EPS loss narrowed to $(0.17) from $(0.70) in 1Q21. Gross margin…

Rocket Lab USA Inc (NASDAQ:RKLB) announced the launch window for its next Electron mission, a dedicated mission for Blacksky Technology Inc (NYSE:BKSY) through global launch services provider Spaceflight Inc., begins April 1, 2022, UTC. The delay in launch window opening is weather related and will result in this mission and…