#1BLACK SKY March 2022 Bank of America Investor Presentation Brian E. O'Toole, CEO O BlackSky 2022. All rights reserved. Confidential & Proprietary. KD#2Forward-Looking Statements Forward-Looking Statements. Certain statements in this presentation may constitute "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding BlackSky's expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding the size, demands and growth potential of the markets for BlackSky's products and BlackSky's ability to serve those markets, BlackSky's ability to attract customers and maintain relationships, and statements regarding BlackSky's future financial and operating performance. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "strive," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that statement is not forward-looking. 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. You should carefully consider the risks and uncertainties described in the "Risk Factors" section of the registration statement filed on Form S-1 filed on October 22, 2021, with the U.S. Securities and Exchange Commission ("SEC and other documents filed by Black Sky from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward- looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and BlackSky assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. BlackSky gives no assurances that it will achieve its expectations. Use of Projections. The total addressable market estimate in this presentation is a forward-looking statement that is based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond BlackSky's control. Use of Data. The data contained herein is derived from various internal and external sources. All of the market data in the presentation involves a number of assumptions and limitations, and there can be no guarantee as to the accuracy or reliability of such assumptions. Further, no representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any projections or modeling or any other information contained herein. Any data on past performance or modeling contained herein is not an indication as to future performance. BlackSky assumes no obligation to update the information in this presentation. Trademarks. BlackSky owns or has rights to various trademarks, service marks and trade names that they use in connection with the operation of its businesses. This presentation may also contain trademarks, service marks, trade names and copyrights of third parties, which are the property of their respective owners. The use or display of third parties' trademarks, service marks, trade names or products in this presentation is not intended to, and does not imply, a relationship with BlackSky, or an endorsement or sponsorship by or of BlackSky. Solely for convenience, the trademarks, service marks, trade names and copyrights referred to in this presentation may appear without the TM, SM, Ⓡ or symbols, but such references are not intended to indicate, in any way, that BlackSky will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks, trade names and copyrights. BLACK SKY Copyright © Black Sky 2022. All rights reserved. Confidential & Proprietary. 2#3Arctic Oceal! South Ocean BlackSky Provides On Demand and High Frequency Monitoring of the Most Strategic and Critical Activities, Locations, and Economics Assets in the World BLACK SKY Grand BONTIN Ocean Brennend KAYPRIE 344 Indian Ocean High Performance Satellite Constellation cost efficiently collects the most important locations in the world DASHBOARD All Sites / Haneda Airport m B ~ Haneda Airport Analytics AIRCRAFT 240 220 200 180 PLAN 140 100 AIRCRAFT SHIP STATUS PRODUCTS SITES при marthaus Copyright © Black Sky 2022. All rights reserved. Confidential & Proprietary. ORDERS LAST 6 MONTHS Reset Zoom REPORT +++++ 1+1 4 + NEW a Search map Imagery Stack ch PASTAT TATA Spectra Al SAAS Platform Delivers Real-time Alerts, Data and Insights • 2021-05-17 21:54 UTC Global 4 O []#4OUR WORLD NOW MORE THAN EVER NEEDS REAL-TIME GEOSPATIAL INTELLIGENCE Mariupol Ukraine March 10, 2022 BlackSky Constellation National and Homeland Security BLACK SKY SP 1 AP 4 HILL CUIMI TELEN Port Headland Australia August 2021 BlackSky Constellation PH 2 O BlackSky 2022. All rights reserved. Confidential & Proprietary. PH 3 FIC PH1 NP B NP C Economic and Supply Chain Intelligence Beirut Port Explosion August 2020 BlackSky Constellation Critical Infrastructure Monitoring Edwardsville, Illinois December 2021 Black Sky Constellation Crisis Management and Response 4#5Rivne Nuclear Power Plant 2022-03-14 14:28 UTC Fears mount over Russian seizures of Ukraine's nuclear power plants com BLACK SKY Be The First To Know Zaporizhzhia NPP 2022-03-09 14:18:50 UTC Reportedly Russian Occupied (Mar 4) X Russian attack on Ukraine's Zaporizhzhia nuclear power plant stirs fury, fear sev.tv 11 of 243 South Ukraine NPP 2022-03-15 07:11:23 UTC X Near Voznesensk, a battle broke out with the invaders, near the South Ukrainian nuclear power plant www.dialog.ua 2 of 2 Khmelnitsky NPP 2022-03-14 08:00:13 UTC The armed forces repulsed the air attack of the Russian Federation in Starokonstantinov Ukrainian Nuclear Power Plant Monitoring X Otsn.ua Chernobyl NPP 2022-03-14 14:28:48 UTC Reportedly Russian Occupied (Feb 24) X Officials say Ukraine no longer in control of Chernobyl nuclear site www.pravda.ru 23 of 168#6ukchi Sea Arctic Ocean «034 SPECTRA AI POWERS GLOBAL SUPPLY CHAIN INTELLIGENCE 100+ LNG Terminals 500+ Major Ports 800+ Mines 800+ Refinerie Beaufort Sta Ocean S 1000+ Power Plants 800+ Airports Drilling BLACK SKY Be The First To Know Global GDP Monitoring with Black Sky Site Monitoring BlackSky Constellation/Spectra Al Canada United States Hudson Mexico LNG Paraguay Argentina North Atlantic Ocean DECORAC Refineries South Atlantic Ocean Sea Confidential & Proprietary. Mali Norway North Sea Denmark AR Algeri many Sweden Finland Air Freight po Democratic Republic of the Conge Ukraine South Sudan Botwitte South Aca Sudi Barents Sea Tanzani Power Plants Madagascar Kazakan bekistan Arabian Sea Fustan Mines India Mongolia Vtr Australia CETRENGTHEY BE TISH MASHID ADA NEER 4341 Barbados BOLE Containers Lumber Tasman New 6 Chukchi Sea#724X7 ALL WEATHER AI ENABLED AUTONOMOUS SURVEILLANCE BLACK SKY Be The First To Know Qionglai Airbase, China January 29 and 30, 2022 Spectra Al and Ursa Analytics BLACK SKY +1 +++ Military Med Lift Transport +I Fully Automated 24/7 All-Weather SAR+EO Monitoring O BlackSky 2022. All rights reserved. Confidential & Proprietary. SAR analytics by URSA SPACE ICEYE 7#8BlackSky is a leading provider of Real-time Geospatial Intelligence BLACK SKY Copyright © Black Sky 2022. All rights reserved. Confidential & Proprietary. 8#9BLACK SKY Al-Powered SaaS Platform Spectra Al Monitors and Analyzes Global Activity in Real-time Observations per day from our proprietary data lake of >100K 1M ~18K delivering Data Sources Significant Events per day BLACK SKY Supply Chain Container Shor May 21, 2021 ENERGY SUPPLY CHAIN Chamber of CommerShipping Activity at Port warr shortages Qasim Semiconductor SUPPLY CHAIN Copyright © Black Sky 2022. All rights reserved. Confidential & Proprietary. May 21, 2021 Australia supports SUPPLY CHAIN ation face-to-face all Moon, soon May 21, 2021 LYCHAIN ENERGY updated and Ser inspection Container Line CMA COM May 21, 2021 Events: 12 SUPPLY CHAIN Biden Hosts Moon as North SK Hy Korea, Chip Shortage Top Agenda A May 21.2021 SUPPLY CHAIN May 21, 2021 Offers Customers Bio-LNG Offsets x Wins Europe's A for 59 Billion Intel SUPPLY CHAIN Global from desas record high May 21, 2021 Port of Long Beach (33) LAST 30 DAYS May 21, 2021 Events 12 May 21, 2021 SUPPLY CHAIN ZIM Rides Rising Tide to Record Quarterly Profit Port of Houstoris Global Freight SUPPLY CHAIN Automating Auckland's Port Speaking on a panel at the SUPPLY CHAIN WEL Korea-US. Battery. Power Outages (22) extremt GEREZ LEDY illion largest investments in May 21, 2021 5343 May 20,2021 May 25,2521 UPPLY CHAIR 3 Stocks Standing Tall in the Struggling Auto Equipment Industry ADANTELYSSURES SUPPLY CHAIN Blank Sailing Schedules Creating Further Delays for LAST 3 DAYS May 19,2021 Events: 12 O May 20.25 May 21, 2521 SUPPLY CHAINS Container Cargo Market Hot Amidst Covid 19 HUPPLY he Chips Challen 9#10Hew Internal - Business Tasking Frequency Once Select image collection frequency NEXT 7 DAYS Collection date range Detect Airfield Monitoring + Post Collection Settings License Port Monitoring Withhold NONE 30 DAYS PERMANENT Select length of time products are withhold in BlackSky archive catalog Remote Delivery Destination None Select additional location to deliver collected products Commercial Single... Select a license agreement to associate with collected products Imagery Constraints Maximum cloud cover Off-nadir Spectra Delivers a Disruptive Customer Experience From Collection to Insights in ~90 Minutes BLACK SKY Priority STANDARD Priority Buildings Detection H Golf Course mporarily closed ens COLDBLOW Ond Beskey In SLADE GREEN Optima Park Crayford Way BARNES CRAY Crown Decorating Centre-Dartford Dartford Grammar School LEYTON CROSS Oakfield n 315 NE North Kent College Ont field to Oakfie West H 11:56 AA expo.blacksky.com ddaczewitzbsky Organization: blacksky BLACK SKY + APPROVALS Copyright © Black Sky 2021. All rights reserved. Confidential & Proprietary. STATUS NEW TASK LOGOUT 10#11Vertically Integrated Agile Space and Al Enabled SAAS Infrastructure High Revisit Small Satellite Constellation Dawn to Dusk 30min.- 1 hour revisit BLACK SKY Small Satellite Design and Manufacturing 40 SAT/Year Production Capacity Global Ground Network Secure Rapid Delivery Bare Morer 14.4 kph 34 Kiran Auristic 13.5 p S Autonomous Anomaly and Change Detection AI/ML Enabled Insights Copyright © Black Sky 2022. All rights reserved. Confidential & Proprietary. O Alert Bakdown to Livel TAM Airerat Count at Shaol Air Base Military aircraft deliveries to the Russian armed forces in 2018 Alert Breakdown by Type Ministry of Defense of Russia received 36 combat aircraft of new construction in 2018 Predictive and Anticipatory Analytics Real-time Alerts 11#12BlackSky is Defining a New Category of Real-time Global Intelligence BLACK SKY GOODY 0077 Proprietary, Al-driven SaaS platform and space network 1900 BlackSky Investment Highlights SaaS Existing satellite constellation provides optimized capacity to meet customer demand Disrupting an industry with a large and expanding global market Intuitive SaaS experience via subscription model to address market demand Contracted backlog provides significant long-term revenue visibility Executive team and Board with substantial public company experience Copyright © Black Sky 2022. All rights reserved. Confidential & Proprietary. 12#13BLACK SKY Be The First To Know Brian E. O'Toole CEO © BlackSky 2022. All rights reserved. Confidential & Proprietary. 13