New satellites deliver customer analyses within first 14 hours of launch

HERNDON, Va., November 18, 2021 (BlackSky PR) – BlackSky’s (NYSE: BKSY) latest satellites reached orbit and delivered first insights within 14 hours of launch. The company’s constellation growth signals a return to space and an increased capacity for global customers.

MAHIA, New Zealand. 18 November 2021 (Rocket Lab PR) – Rocket Lab (Nasdaq: RKLB), a leading launch and space systems company, has successfully deployed two satellites to orbit for real-time geospatial monitoring company BlackSky (NYSE: BKSY). Rocket Lab also successfully introduced helicopter operations to a recovery mission for the first time, using a helicopter to observe and track the Electron rocket’s first stage as it descended to Earth under parachute as part of the company’s program to make Electron the world’s first reusable, orbital-class commercial small rocket.

BlackSky to bring smallsat imagery for NASA-funded Earth and applied science research

HERNDON, Va., November 12, 2021 (BlackSky PR) — BlackSky (NYSE: BKSY) secured a five-year, sole-source blanket purchase agreement by the National Aeronautics and Space Administration (NASA) to provide high revisit satellite imaging data in support of the agency’s existing Earth observation research to advance predictive capabilities.

“This award reflects yet another valuable point of alignment between government demand and BlackSky’s commercially available real-time, global intelligence products,” said Brian E. O’Toole, CEO of BlackSky. “Helping NASA-backed researchers broaden their understanding around critical changes in the Earth’s ecosystems, oceanography, geographic and polar sciences is vitally important.”

3^rd 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

LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (Nasdaq: RKLB), a leading launch provider and space systems company, has today announced it has scheduled two dedicated launches in November for Spaceflight Inc.’s customer, real-time geospatial and global monitoring company BlackSky (NYSE: BKSY).

SPRINGFIELD, Va. (NGA PR) — The National Geospatial-Intelligence Agency awarded a new flexible contract that is designed to enable best of class analytic solutions for economic related GEOINT challenges.  

The five-year operational contract awarded at $29 million will compete delivery orders across the five selected vendors: BAE, Ball Aerospace, BlackSky, Continental Mapping Consultants, and Royce Geospatial Consultants Inc. These vendors were competitively selected among a diverse pool of companies.

“Understanding economic activity and trends around the world is critically important to our policymakers,” said Dave Gauthier, Director, Source Commercial Business and Operations Group at NGA. “I am excited to see innovative commercial solutions and geospatial analytic services that may provide new insights into the flows of raw materials, agricultural products, equipment, fuels, vehicles, waste products and other goods.”

• BlackSky’s Common Stock to Commence Trading on NYSE Under the Ticker “BKSY”
• Gross Proceeds to BlackSky totaled $283 million, combining funds held in Osprey’s Trust and concurrent PIPE financing

HERNDON, Va. and NEW YORK, September 9, 2021 (BlackSky/Osprey Technology Acquisition PR) – BlackSky Holdings, Inc. (“BlackSky”), a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced it has completed its previously announced business combination with Osprey Technology Acquisition Corp. (“Osprey”) to take BlackSky public. The combined company has been renamed “BlackSky Technology Inc.” and its shares will commence trading on the New York Stock Exchange (NYSE) on September 10, 2021, under the ticker symbol “BKSY” for BlackSky common stock and “BKSY.W” for BlackSky warrants.

Upon closing, the combined company received approximately $283 million in gross proceeds, comprised of approximately $103 million in cash held in trust by Osprey and the proceeds of a $180 million PIPE. Osprey’s shareholders approved the transaction at a shareholder meeting on September 8, 2021.

HERNDON, Va. (BlackSky PR)–BlackSky Holdings, Inc. (“BlackSky”), a leading technology platform providing real-time geospatial intelligence and global monitoring, announced today that Palantir Technologies Inc. (NYSE: PLTR) has committed to making an equity investment in BlackSky, which is scheduled to close after the completion of BlackSky’s business combination with Osprey Technology Acquisition Corp (“Osprey”). Following the successful completion of a joint pilot program between BlackSky and Palantir, this investment signifies the strengthening of a strategic collaboration that will enable BlackSky to further extend its capabilities and meet the increasing demand for global monitoring services from its and Palantir’s customers.

Through the pilot project, BlackSky automatically delivered insights and intelligence to Palantir customers within minutes of collection, without any human interaction. The ability to quickly deliver worldwide intelligence that can inform proactive strategic decision-making introduces a significant advantage in time-sensitive operations.

HERNDON, Va. (BlackSky PR) – BlackSky Holdings, Inc. (“BlackSky”), a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced that it has been awarded a contract modification from the National Reconnaissance Office (NRO) to provide on-demand satellite imagery through a monthly subscription. The requirements and funding for this effort will be transferred to NRO’s Electro-Optical Commercial Layer program.

BlackSky’s high-resolution satellite constellation will generate imagery for defense and intelligence communities to support homeland defense, national security, disaster and emergency response missions. BlackSky’s real-time imagery offers timely and relevant information on pattern-of-life anomalies that meet critical mission requirements and enable warfighters to make informed decisions.

HERNDON, Va., Aug. 18, 2021 (BlackSky PR) – BlackSky Holdings, Inc. (“BlackSky”), a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced three additions to its executive team as it begins its next phase of growth and development.

Johan Broekhuysen joins BlackSky as a Senior Advisor and will assume the role of Chief Financial Officer following the completion of BlackSky’s merger with Osprey Technology Acquisition Corp. (NYSE: SFTW). Broekhuysen has significant executive experience helping lead public, high-growth technology companies including Segra, formally known as LUMOS Networks (LMOS) where he served as Chief Financial Officer (CFO) for almost seven years and led business expansion efforts during his tenure there. Most recently, Broekhuysen was the founding principal of Open Water Advisory Group, an advisory group that delivers differentiated capital solutions to the entire telecom infrastructure value chain. BlackSky’s current CFO, Brian Daum, will remain with BlackSky as a senior advisor for a transitional period.