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BlackSky Optimistic for U.S. Gov Opportunities Despite Budget Volatility

Rachel Jewett By
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BlackSky Optimistic for U.S. Gov Opportunities Despite Budget Volatility
BlackSky has said its 12 small satellites have a revisit rate of 15 times per hour for some locations to provide high-resolution imagery (Black Sky Photo)

While BlackSky [BKSY] has lowered its full-year outlook for 2025, citing the “near term volatility” of the U.S. government budget process, CEO Brian O’Toole told investors on Thursday that BlackSky believes “the long-term opportunities with the U.S. government remain strong.”  Last month, BlackSky filed an update to its full-year outlook, cutting its growth forecast in half. BlackSky lowered revenue guidance from between $125 million and $142 million to between $105 million and $130 million. At the midpoint, that would represent…

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