Blacksky Makes 2023 Deloitte Technology Fast 500 List Of America's Fastest-growing Companies

By Author: Arina Smith
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# BlackSky on Deloitte Fast 500 List

BlackSky Technology Inc. (NYSE: BKSY) has secured a spot on the Deloitte Technology Fast 500™, a prestigious ranking highlighting the 500 fastest-growing companies in North America across various sectors, including technology, media, telecommunications, life sciences, fintech, and energy tech. The company achieved an impressive revenue growth of 377% from fiscal year 2019 to 2022.

## Key Points:
1. Recognition and Growth:
- BlackSky is recognized for its remarkable growth, attaining a position on the Deloitte Technology Fast 500™ list for its outstanding performance in revenue expansion.
- The company's revenue surged 377% from fiscal year 2019 to 2022, a testament to its success in delivering real-time space-based intelligence.

2. Space-Based Intelligence Platform:
- BlackSky has developed the world's most advanced space-based intelligence platform, providing governments worldwide with real-time insights crucial for national security and economic decision-making.
- The platform delivers thousands of high-resolution ...
... images and analytics monthly, offering transparency and insights into areas like border crossings, nuclear facilities, and economically critical infrastructure.

3. Strategic Importance:
- BlackSky's services enable nations to swiftly build sovereign space capabilities, gaining immediate access to on-demand, real-time high-frequency imagery and analytics.
- The company's focus on responsible cost management and high incremental margins contributes to its positive Adjusted EBITDA projection in Q4 2023.

4. **Deloitte Technology Fast 500 Criteria:**
- To qualify for the Technology Fast 500, companies must demonstrate significant fiscal year revenue growth from 2019 to 2022.
- Eligible companies must own proprietary intellectual property or technology sold to customers, with base-year operating revenues of at least US$50,000 and current-year operating revenues of at least US$5 million.
- Businesses must be in operation for a minimum of four years and headquartered within North America.

5. About BlackSky:
- BlackSky specializes in real-time geospatial intelligence, operating one of the leading low earth orbit small satellite constellations.
- The BlackSky Spectra® software platform processes data from its constellation and third-party sensors to provide critical insights and analytics.