| Market Capitalization (Millions $) |
788 |
| Shares
Outstanding (Millions) |
38 |
| Employees |
321 |
| Revenues (TTM) (Millions $) |
109 |
| Net Income (TTM) (Millions $) |
-67 |
| Cash Flow (TTM) (Millions $) |
18 |
| Capital Exp. (TTM) (Millions $) |
15 |
Business Description
BlackSky, founded in 2014, is a major provider of real-time geospatial intelligence. We offer on-demand and high-frequency monitoring, as well as artificial intelligence ("AI")-enabled analytics, of the worlds most essential and significant sites, economic assets, and events. Several of the worlds most significant and demanding government and commercial institutions, including US defense and intelligence agencies and foreign ministries of defense, rely on the actionable intelligence we acquire and provide. Our Software-as-a-Service ("SaaS") platform, Spectra AI, provides automatic alerts, data, and insights to our clients, giving them a first-to-know advantage that they utilize to support day-to-day decision making. BlackSkys products are intended to assist a wide range of government and commercial applications, including national and homeland security, supply chain management, and business intelligence.
We own and operate one of the industry's leading high-performance low earth orbit ('LEO') small satellite ('smallsat' or 'smallsats') constellations. Our constellation is optimized to cost-efficiently capture imagery at high frequencies where and when our customers need it. The orbital configuration of our constellation is designed to collect data on the most critical and strategic locations on Earth where we believe approximately 90% of the global GDP occurs. With twelve satellites on orbit currently, our constellation is able to image certain locations every hour, from dawn to dusk, providing our customers with insights and situational awareness throughout the day. Our satellites are designed with agile pointing capabilities that enable our customers to task our constellation on demand to collect specific locations of interest. Our tasking methodology employs proprietary AI-enabled software to efficiently collect the most important areas of interest to our customers. We believe that our focus on critical, strategic, and economic infrastructure and the AI-enabled tasking of our constellation differentiates us from our competitors, who are dedicated primarily to mapping the entirety of the Earth every day and who, therefore, require up to hundreds of satellites or incrementally more expensive satellites to support their mission. Our focused approach enables us to deliver highly targeted and valuable intelligence with a smaller constellation that has the added benefit of greater operating and capital efficiencies.
BlackSky's Spectra AI software platform processes millions of observations a day from our proprietary satellite constellation and from multiple external data sources including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet of Things ('IoT') connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds. Spectra AI employs advanced, proprietary AI and machine learning ('ML') techniques to process, analyze, and transform these data feeds into alerts, information, and insights. Customers can access Spectra AI's data and analytics through easy-to-use web services or through platform application programming interfaces ('APIs').
Our operating strategy is to continue to enhance the capabilities of our satellite constellation, to increase the number of third-party data sources processed by Spectra AI, and to expand our analytics offerings in order to increase the value we deliver to our customers. Our two operating assets'our satellite constellation and our Spectra AI software platform'are mutually reinforcing: as we capture ever more information about the world's most important economic and strategic locations, our proprietary database expands and increases its utility; enabling us to better detect, understand, and predict changes that matter most to our customers. Our business has a natural and powerful 'flywheel' effect: the more data we collect and analyze, the more valuable the insights we can deliver to our customers.
Company Address: 2411 Dulles Corner Park Herndon 20171 VA
Company Phone Number: 935-1930 Stock Exchange / Ticker: NYSE BKSY
|
2.42% 
123.14 %