Sunday, March 26, 2023

Satellite imagery company BlackSky sees quarterly losses slow as it adds another military contract

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  • Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses and securing an additional military contract.
  • “2022 was a foundational year for BlackSky,” CEO Brian O’Toole said in a statement.
  • BlackSky posted an adjusted EBITDA loss of $4.6 million for the fourth quarter, down 68% from the same period a year earlier.

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