LA PLATA, Maryland — Geospatial imagery and analytics provider BlackSky Technology reduced its expected 2025 revenue forecast by 12% and its adjusted EBITDA by 72%, citing US government budget uncertainty and the uncertain timing of contracts expected around the end of the year.
In July 17 and 18 filings with the US Securities and Exchange Commission (SEC), BlackSky said it had priced $160 million of 8.25% convertible notes due 2033 in a private offering. Purchasers have the option of buying an additional $25 million. The sale is expected to . . .
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