BlackSky @ Nanosats Database

Company	BlackSky
Previous names	Previously Andrews Space
Constellations	Earth Observation Optical Hyperspectral Color imagery at a resolution of 1 meter. With 16 satellites can provide hourly revisit times for most major cities. 50-cm resolution in the future. Status: Launches ongoing Constellation page at NewSpace Index
Headquarters	US
Founded	2013
Funding	$253.5M
Photos
Photo source	[1]
Oneliner	High-quality earth observation satellite imagery in near real-time with rapid revisit capability.
Notes	Intelsat asks bankruptcy court to clear roadblock for Spaceflight launch business sale, 2022-05-29. NRO signs agreements with commercial providers of hyperspectral imagery. The companies selected are BlackSky, HyperSat, Orbital Sidekick, Pixxel, Planet and Xplore. BlackSky is incorporating the Inmarsat and Addvalue inter-satellite data relay system, IDRS, in its next-generation satellite design. Addvalue has designed a new Low-Earth Orbit (LEO) satellite antenna system that allows full communications coverage when satellites are not in view of a ground station. The IDRS terminal uses Inmarsat’s satellite network and gives LEO satellites always-on communications for mission tasking and data monitoring. The terminal also supports telemetry and command communications, troubleshooting and restoring operations. BlackSky Announces $29.5 Million Private Placement Financing, 2023-03-07. BlackSky’s New Satellites Complete Commissioning, Enter Revenue-Generating Operations Within 18 Hours, 2023-03-28. BlackSky Secures More Than $30 Million Contract for High-Frequency Imagery Services with International Defense Sector Customer, 2023-06-12. BlackSky reported net income of $675,000 for the Q3 2023, improving from a net loss of $13.1 million reported for the same period a year ago. The company brought in $21.3 million in third-quarter revenue, up 26% from a year prior. The “primary driver for the positive net income” was the company’s accounting practices related to “warrant liability exposure.” Excluding that impact, BlackSky would have reported a third-quarter net loss of about $16.3 million. BlackSky tightened its 2023 revenue outlook to a range of between $84 million and $90 million, a reduction on the top end from its previously stated guidance of as much as $96 million. It had $51.5 million in cash and equivalents on hand at the end of the third quarter, with a contract order backlog of $252 million, CNBC, 2023-11-08.
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Status	Inactive in nanosatellites

Last modified: 2023-11-25