BlackSky Results Presentation Deck

2023 Outlook Adjusted EBITDA (1) Anticipate achieving positive Adjusted EBITDA in Q4 of 2023 Increased revenues, high incremental contribution margins and responsible cost management driving EBITDA improvements ● ● Revenue Expect full year 2023 revenue to be between $84M - $90M 33% year-over-year growth, at the midpoint of this range BlackSky P Capital Expenditures Expect full year 2023 capex spend between $48M - $54M Increase driven by timing of payments on Gen-3 constellation. ● (1) Adjusted EBITDA is a non-GAAP financial measure. See Appendix for a reconciliation to the most comparable measure reported in accordance with GAAP. BLACK SKY BlackSky 2023. All rights reserved. BlackSky P Annual Revenue ($ in millions) I I I I I I I I I I I I I I I I I $21 2020 $34 2021 60% 3 Yr. CAGR Growth $65 2022 I I $84 - $90 $87 2023 16

View entire presentation