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BlackSky Technology Enters $100M Sales Agreement

Story Highlights
  • BlackSky Technology entered a Sales Agreement to sell up to $100 million of its stock.
  • The agreement may enhance BlackSky’s market position by increasing liquidity and capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlackSky Technology Enters $100M Sales Agreement

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An update from BlackSky Technology ( (BKSY) ) is now available.

On December 12, 2025, BlackSky Technology Inc. entered into a Sales Agreement with Deutsche Bank Securities Inc. and Craig-Hallum Capital Group LLC to offer and sell up to $100 million of its Class A common stock. This agreement allows for sales through negotiated transactions or at-the-market offerings on the New York Stock Exchange, with the sales agents entitled to a 3% commission on gross proceeds. The move is part of BlackSky’s strategy to leverage its shelf registration statement filed with the SEC, potentially impacting its market positioning by increasing liquidity and capital availability.

The most recent analyst rating on (BKSY) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on BlackSky Technology stock, see the BKSY Stock Forecast page.

Spark’s Take on BKSY Stock

According to Spark, TipRanks’ AI Analyst, BKSY is a Neutral.

BlackSky Technology’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, high leverage, and severe cash flow issues. Technical analysis provides mixed signals, with bearish momentum prevailing. Valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield. Despite some positive growth prospects highlighted in the earnings call, the financial challenges significantly weigh down the overall score.

To see Spark’s full report on BKSY stock, click here.

More about BlackSky Technology

BlackSky Technology Inc. operates in the technology industry, focusing on providing geospatial intelligence and satellite imagery services. The company is known for its real-time monitoring and data analytics solutions, catering to various sectors including government and commercial markets.

Average Trading Volume: 2,008,536

Technical Sentiment Signal: Buy

Current Market Cap: $695.4M

For a thorough assessment of BKSY stock, go to TipRanks’ Stock Analysis page.

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