BlackSky Reports Net Loss of $46.9 Million

3rd Quarter Revenue Up Over 49% YoY
On a Year to Date Basis, Total Revenue up over 53%

HERNDON, Va., November 12, 2021 (BlackSky PR) — BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY), a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced its results for the third quarter of 2021.

Key points from the third quarter include:

  • Revenue of $7.9 million, up 49% from 3Q 2020
  • Net loss of $46.9 million or a loss of $0.67 per diluted share
  • Adjusted EBITDA loss of $16.2 million
  • Cash balance at the end of 3Q 2021 was $198 million
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