BlackSky Technology Raises $46 Million in Public Offering

BlackSky Technology Inc. (NYSE: BKSY) has successfully closed its previously announced underwritten public offering, raising approximately $46 million. The offering consisted of 10,000,000 shares of Class A common stock at $4.00 per share, with underwriters fully exercising their option to purchase an additional 1,500,000 shares. Oppenheimer & Co. and Lake Street Capital Markets served as joint book-running managers.

The offering was conducted under a shelf registration statement on Form S-3, effective since December 15, 2022. Interested parties can access the prospectus on the SEC's website or contact the involved syndicate departments for more information.

BlackSky, headquartered in Herndon, VA, is a leader in real-time space-based intelligence, offering high-frequency imagery and analytics through its advanced satellite constellation and Spectra tasking platform. The company is publicly traded on the NYSE under the ticker BKSY.

Forward-looking statements in this release are subject to risks and uncertainties, with further details available in BlackSky's SEC filings.