secwatch.observer — SEC 8-K summary
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Issuer:     BlackSky Technology Inc. (BKSY)
CIK:        0001753539
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001753539-24-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackSky Q4 revenue $35.5M (+83% YoY); turns positive Adjusted EBITDA $9.3M
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- Q4 revenue $35.5M (+83% YoY); full-year revenue $94.5M (+45%). Net loss $3.8M vs $14.8M loss prior year.
- Achieved positive Adjusted EBITDA of $9.3M in Q4 vs -$4.6M prior year; full-year Adj. EBITDA loss $1.1M vs -$29.5M.
- Won over $265M in new multi-year contracts in 2023, including $50M from Indonesian Ministry of Defense. Backlog $262M.
- Entered into lease for new HQ in Herndon, VA (17,119 sq ft, 12-year term with rent abatement).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753539/000175353924000013/0001753539-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753539/000175353924000013/bksy-20240228.htm
  HTML page:      https://secwatch.observer/filing/0001753539-24-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer