BlackSky Global
- hard tech
- space tech
- aviation & aerospace
- verified unicorns and $1b exits
- space upstream
- aerospace
- dual-use tech
- satellites
- spac ipo announced
- alternative data
- spac target
- defence applications
- earth observation satellites
- from $1b exit to zebra
- space tech for security and safety
- space tech for maritime
- space tech for finance
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenues | 21.1m | 34.1m | 65.4m | 94.5m | 108m | 136m |
| % growth | - | 61 % | 92 % | 45 % | 14 % | 26 % |
| EBITDA | (32.4m) | (234m) | (44.1m) | (7.2m) | - | - |
| % EBITDA margin | (153 %) | (687 %) | (68 %) | (8 %) | - | - |
| Profit | (19.5m) | (246m) | (74.3m) | (53.9m) | - | - |
| % profit margin | (92 %) | (721 %) | (114 %) | (57 %) | - | - |
| R&D budget | 7.4m | 11.5m | <1m | 1.7m | - | - |
| R&D % of revenue | 35 % | 34 % | 1 % | 2 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | $1.0m | Seed | |
N/A | Early VC | ||
$50.0m | Debt | ||
$275m Valuation: $1.5b 71.0x EV/LTM Revenues -46.2x EV/LTM EBITDA | SPAC IPO | ||
$180m Valuation: $1.5b 71.0x EV/LTM Revenues -46.2x EV/LTM EBITDA | SPAC Private Placement | ||
* | $4.4m | Grant | |
* | N/A | $29.5m | Private Placement VC |
| Total Funding | AUD332m | ||
Related Content
Recent News about BlackSky Global
EditBlackSky is a pioneering company in the field of real-time geospatial intelligence. It specializes in providing on-demand, high-frequency imagery, monitoring, and analytics of critical and strategic locations, economic assets, and events around the globe. The company designs, owns, and operates a constellation of small satellites in low Earth orbit, which are optimized to capture imagery cost-effectively whenever and wherever customers need it.
BlackSky serves a diverse range of clients, including government agencies, commercial enterprises, and non-profit organizations. These clients rely on BlackSky's services for various applications such as national security, disaster response, infrastructure monitoring, and economic forecasting.
Operating in the rapidly growing geospatial intelligence market, BlackSky's business model revolves around offering subscription-based services and on-demand imagery. Clients pay for access to the company's satellite imagery and analytics platform, which provides real-time insights and data. This model ensures a steady stream of revenue while allowing clients to scale their usage based on their specific needs.
BlackSky generates revenue through multiple channels. Firstly, it offers subscription plans that provide clients with continuous access to its imagery and analytics services. Secondly, it provides on-demand imagery services, where clients can request specific images or data sets as needed. Additionally, BlackSky engages in strategic partnerships and collaborations, such as its $50 million funding secured from Intelsat in 2019, to support the launch of new satellites and expand its capabilities.
In summary, BlackSky is a leader in real-time geospatial intelligence, offering high-frequency satellite imagery and analytics to a wide range of clients. Its innovative approach and robust satellite constellation enable it to deliver cost-effective, on-demand services that meet the critical needs of its customers.
Keywords: geospatial intelligence, real-time imagery, satellite constellation, on-demand services, analytics, government clients, commercial clients, disaster response, economic forecasting, subscription-based model.