PARIS — Geospatial imagery and data analytics provider BlackSky Technology Inc. reduced its expected 2021 revenue for the second time since February, citing component-supply constraints among some of its customers that have delayed revenue to BlackSky.
The company, which completed a SPAC-enabled stock-market introduction with Osprey Technology Acquisition Corp., grossing $283 million, said 2021 revenue would be $30-$34 million, down from the previous $40 million and from $46 million forecasted earlier this year. The company's cash balance as of Sept. 30 was $198 million.
To view the entire article, become a subscriber!
