BKSY - BlackSky Technology Appears Undervalued Despite Recent Major Contract Wins
2024-04-18 14:25:56 ET
Summary
- BlackSky Technology is developing space intelligence solutions, including a satellite constellation and space-based data analytics platform.
- The company's stock performance has been disappointing, losing over 88% of its value since its SPAC completion in 2021.
- Despite weak profitability and cash flow losses, the demand for BlackSky's solutions is strong, with major contract wins driving future revenue growth potential.
BlackSky Technology ( BKSY ) is a company developing space intelligence solutions capable of delivering high-frequency satellite imagery and real-time insights. Its solutions include the low-earth orbit satellite constellation and Spectra, a platform that allows customers to manage and monitor space-based data retrieved from the constellation....
BlackSky Technology Appears Undervalued Despite Recent Major Contract Wins