BlackSky Results Presentation Deck

BLACKSKY TECHNOLOGY INC. RECONCILIATION OF IMAGERY AND SOFTWARE ANALYTICAL SERVICE COSTS TO ADJUSTED IMAGERY AND SOFTWARE ANALYTICAL SERVICE COSTS (unaudited) (in thousands) Imagery and software analytical service costs, excluding depreciation and amortization Stock-based compensation for imagery and software analytical service costs Adjusted imagery and software analytical service costs, excluding depreciation and amortization BLACK SKY BlackSky 2023. All rights reserved. $ $ Three Months Ended June 30, 2023 3,456 $ (52) 3,404 $ 2022 3,446 (103) 3,343 $ $ Six Months Ended June 30, 2023 7,155 $ (145) 7,010 2022 7,024 (359) 6,665 21

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