BlackSky Technology Inc Class A

BlackSky has won several US research and development contracts to develop AI-based automated target recognition and damage assessment systems to be integrated into the Gen-3 satellite architecture. The systems are designed for real-time intelligence, surveillance and reconnaissance operations; one contract includes classified workflows for object and identity recognition. The Gen-3 constellation will deliver 35-centimeter resolution with onboard AI analytics. Most recently the stock rose 45% year-to-date to USD 27.16, with a market capitalization of about USD 1.01 billion; contract volume and schedule were not disclosed. » More on de.investing.com

BlackSky Technology reported a contract modification from the National Reconnaissance Office to accelerate development of its multispectral AROS mapping system, which is expected to be operational in 2028. The adjustment funds a spacecraft and a data collection system for digital mapping, navigation, maritime surveillance and 3D twins, giving it strategic value for U.S. intelligence. The news, combined with a strong 2026 contract backlog and positive analyst reactions, pushed the stock up 4.6% in premarket trading to a daily high of $36.80 (52-week low $10.80). » More on de.investing.com

Blacksky Technologie's shares climbed to a 52-week high of $52.48, giving the company a market capitalization of $1.89 billion, driven by a one-year return of 322.5%. InvestingPro rates the stock as overvalued and notes the company remained unprofitable over the past twelve months, despite 69% gross margins and expected revenue growth of around 30% for the year. Blacksky reported Q1-2026 revenue of $20.8 million, issued full-year guidance of $130–150 million, secured several seven-figure contracts, and received an increased $50.00 price target from Jefferies with a "Buy" rating. » More on de.investing.com