Milestone illustrates how company's best-in-class 35-centimeter satellites are meeting customer demand for responsive, tactical ISR capabilities at real-time mission speed

BlackSky Technology Inc. (NYSE: BKSY) delivered first light imagery from its fourth Gen-3 satellite within hours following launch. As the Gen-3 constellation continues to expand, this milestone adds vital on-orbit capacity for warfighters and illustrates how the company's best-in-class 35-centimeter satellites are meeting the global customer demand for responsive, tactical ISR at real-time mission speed.

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A Gen-3, unit four, very high-resolution image collected over Arturo Merino Benítez International Airport in Santiago, Chile demonstrates the timely operational value of high-cadence, space-based dynamic monitoring capabilities in support of strategic and tactical defense and intelligence missions. The BlackSky image, capturing an aircraft taking off from the airport, was collected March 8, 2026, at 11:31 a.m.

"Following launch, every BlackSky Gen-3 satellite has successfully demonstrated on-orbit first light operations on day one," said Brian O'Toole, BlackSky CEO. "By consistently reducing launch-to-first light down to just hours and the imagery operations window down to days BlackSky is bringing trustworthy, operationally ready assets to meet our most demanding customers' needs at mission-relevant speeds."

BlackSky's rapid commissioning process quickens customers' access to valuable Gen-3 capacity and maximizes the long-term operational ROI of every asset in our constellation. All of BlackSky's Gen-3 satellites have consistently delivered initial images with remarkable clarity and uniform quality, detailing vehicles, maritime vessels, and aircraft of various sizes, as well as individual people and their shadows. Sharper imagery reduces ambiguity and contributes to better analytics development with stronger insights for end users.

"Continued expansion of the Gen-3 constellation remains on track as each new satellite exceeds performance expectations and delivers real world mission-critical data seamlessly into end users' workflows in real time," said O'Toole.

BlackSky continues to expand the Gen-3 constellation through a regular interval of launches that increase capacity, the number of tasking opportunities and potential customer applications for automated real-time and predictive battlefield monitoring. BlackSky's purpose-built software and hardware architecture is uniquely suited to provide secure, fast and flexible commercial services that complement national assets with mission-relevant tactical ISR capability at exceptional value.

To meet global demand for reliable access to data, BlackSky deploys its full technology stack—encompassing satellite production and proprietary AI development. This vertically integrated approach provides customers with dedicated access to data exactly when and where they need it, from flexible On-Demand and Assured subscriptions services to sovereign systems.

About BlackSky

BlackSky is a real-time, space-based intelligence company that delivers on-demand, high frequency imagery, analytics, and high-frequency monitoring of the most critical and strategic locations, economic assets, and events in the world. BlackSky owns and operates one of the industry's most advanced, purpose-built commercial, real-time intelligence systems that combines the power of the BlackSky Spectra^® tasking and analytics software platform and our proprietary low earth orbit satellite constellation.

With BlackSky, customers can see, understand and anticipate changes for a decisive strategic advantage at the tactical edge, and act not just fast, but first. BlackSky is trusted by some of the most demanding U.S. and international government agencies, commercial businesses, and organizations around the world. BlackSky is headquartered in Herndon, VA, and is publicly traded on the New York Stock Exchange as BKSY. To learn more, visit www.blacksky.com and follow us on X.

Forward-Looking Statements

Certain statements in this press release may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect our expectations, plans, or forecasts of future events and views as of the date of this communication. We anticipate that subsequent events and developments will cause their assessments to change. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Additional risks and uncertainties are identified and discussed in BlackSky's disclosure materials filed from time to time with the SEC which are available at the SEC's website at http://www.sec.gov or on BlackSky's Investor Relations website at https://ir.blacksky.com.

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Aly Bonilla

VP, Investor Relations

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BlackSky Fourth Gen-3 Satellite Achieves On-Orbit First Light Operations Within Hours