BlackSky: Rapid Revisit and Sovereign Gen-3
What does BlackSky sell, and what do its 2026 results show about the shift from US to international customers?
Chapter summary
BlackSky operates a fleet of small agile optical satellites designed for frequent looks at places of interest, combined with an AI platform that turns images into alerts.
Key takeaways
- 1
Its third-generation (Gen-3) satellites offer about 35 cm resolution.
- 2
In the second quarter of 2026 it reported revenue of $33.3 million, up 50%, of which $25 million was imagery and AI services, international revenue up 200% year on year, positive adjusted EBITDA of about $4.7 million and cash of $244 million.
- 3
Its backlog was $345 million at the end of 2025.
Key figures in this chapter
- $33.3M
- revenue, Q2 2026 (+50%)
- +200%
- international revenue
- $244M
- cash
- $345M
- backlog at end-2025
Source: BlackSky 8-K, Aug 2026
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