When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PL - BlackSky Technology: Increasing Competition Could Be A Problem
Planet Labs PBC Com Cl A
2024-06-25 21:42:02 ET
Summary
BlackSky Technology is a geospatial imagery company with exposure to growing demand in defense and government applications.
Competition in the high-resolution satellite imagery space is increasing, with BlackSky facing competitors like Planet Labs and Maxar.
While BlackSky could be considered reasonably priced given the size of the imagery opportunity, the company may need access to capital and there is a risk of commoditization.