Space Impulse Brief:
- BlackSky Technology was named on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
- BlackSky has grown revenue 377% from fiscal year 2019 until 2022.
- BlackSky remains on track to achieve positive Adjusted EBITDA in Q4 2023.
PRESS RELEASE — Herndon, Virginia / November 8, 2023 — BlackSky Technology Inc. (NYSE: BKSY) was named on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. BlackSky has grown revenue 377% from fiscal year 2019 until 2022.
“The world needs real-time space-based intelligence now more than ever and BlackSky is making that a reality,” said Brian E. O’Toole, BlackSky CEO. “BlackSky has built the world’s most advanced space-based intelligence platform and is helping governments worldwide gain foresight into critical matters that affect their national security and economy from space.”
BlackSky delivers thousands of high-resolution images and analytics every month to organizations worldwide, delivering transparency and insights into border crossings, nuclear and port facilities, and other economically critical infrastructure at scale.
“BlackSky helps nations quickly build sovereign space capabilities and gain immediate access to on-demand, real-time high-frequency imagery and analytics services,” said O’Toole.
BlackSky remains on track to achieve positive Adjusted EBITDA in Q4 2023. This is the result of continued revenue growth, high incremental margins from imagery and analytic services and continued responsible cost management.
The Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Contact Information:
Investor Contact
Aly Bonilla
VP, Investor Relations
[email protected]
Media Contact
Pauly Cabellon
Director, External Communications
[email protected]
SOURCE: Business Wire
Featured image: BlackSky logo. Credit: BlackSky
If you found this article to be informative, you can explore more current space industry news, exclusives, interviews, and podcasts.
Share this article:
