BlackSky wins $60M in Q3 satellite contracts, backlog climbs to $323M
BlackSky Technology secured over $60 million in new Gen-3 satellite contracts during Q3 2025, driven by international demand. Its backlog rose to $322.7 million with 91% sourced from sovereign customers, underscoring accelerating global adoption of its space-based intelligence solutions.
1. Q3 2025 Contract Awards
BlackSky Technology reported more than $60 million in new contract awards in the third quarter of 2025, driven by government and defense customers seeking its Gen-3 tactical ISR satellite services.
2. Backlog Expansion and Composition
The company’s backlog reached $322.7 million at quarter-end, with approximately 91% derived from international sovereign contracts, highlighting strong global demand for its space-based intelligence solutions.
3. Gen-3 Satellite Demand
Sovereign nations across Europe, Asia and the Middle East are accelerating acquisitions of BlackSky’s Gen-3 satellites for real-time reconnaissance and analytics, positioning the company at the forefront of defense space platforms.