secwatch.observer — SEC 8-K summary
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Issuer:     BlackSky Technology Inc. (BKSY)
CIK:        0001753539
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001753539-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackSky 2024 revenue $102.1M, adjusted EBITDA $11.6M; guides 30% growth in 2025
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- Revenue $102.1M; imagery & software analytical services revenue $70.1M.
- Net loss $57.0M; adjusted EBITDA improved to $11.6M from -$1.0M YoY.
- First Gen-3 satellite delivering very-high resolution imagery within 5 days of launch.
- Recent contract awards exceed $150 million; 2025 revenue forecast +30% vs 2024.
- Imagery cost-of-sales margin improved to 20% of revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753539/000175353925000005/0001753539-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753539/000175353925000005/bksy-20250306.htm
  HTML page:      https://secwatch.observer/filing/0001753539-25-000005

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