secwatch.observer — SEC 8-K summary
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Issuer:     BlackSky Technology Inc. (BKSY)
CIK:        0001753539
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001753539-24-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackSky Q2 revenue up 29% to $24.9M; net loss narrows to $9.4M from $33.4M
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- Revenue $24.9M (+29% YoY); imagery & software revenue $17.5M (+14%).
- Net loss $9.4M vs $33.4M in Q2 2023; cash operating expenses down 3%.
- Won $40M in new contracts/renewals including NRO EOCL extension.
- First 35cm Gen-3 satellite launch planned for Q4 2024 with Rocket Lab.
- Cost of sales as % of revenue improved to 28% from 44% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753539/000175353924000093/0001753539-24-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753539/000175353924000093/bksy-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001753539-24-000093

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