secwatch.observer — SEC 8-K summary
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Issuer:     BlackSky Technology Inc. (BKSY)
CIK:        0001753539
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001753539-25-000103
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackSky Q3 net loss $15.3M on $19.6M revenue; contract awards exceed $60M, cash at $147.6M
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- Total revenue $19.6M; net loss $15.3M vs $12.6M in Q3 2024; adjusted EBITDA loss $4.5M vs +$0.7M
- Backlog $322.7M, ~91% international; won over $60M in new contracts including $30M multi-year international defense deal
- Cash and equivalents $147.6M, up from prior period; includes $65.9M from convertible notes and $10.8M from warrant exercises
- Next Gen-3 satellite at launch site; launch expected in coming weeks; company maintains 2025 outlook

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753539/000175353925000103/0001753539-25-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753539/000175353925000103/bksy-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001753539-25-000103

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