Blacksky Technology Inc.
BKSYHIGH VELOCITYFILING INTENSITYBlacksky Technology Inc. reads as High Velocity (composite 70/100); pressure / disclosure signals dominate the posture this cycle · primary market Semis & Hardware.
Lens
Disclosed M&A capital (2023–2025)
$2M
vs N/A in 2020–2022
Disclosed transactions
1
2/3 active fiscal years in window
Buyer archetype
Selective Buyer
Acquisition use is visible but targeted.
Composite score
70
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $2M disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 34d
- 61 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 3 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 3 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 3 activism filings
- Latest activism 1.6y ago
Distress Watch
Issuers showing financial-distress filing patterns
- 3 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
- 1 non-reliance 8-K
- 1 auditor change
- 1 NT late filing
- Latest event 4.7y ago; discounted
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 61 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $1.4B
- 10-Q 34d ago
- 3 active signals
Capital cadence.
No disclosed M&A capital in the 10-year window.
This issuer has not disclosed material acquisition spend or count in the last ten fiscal years.
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Platform100%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- platform
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“These competitive pressures in our market or our failure to compete effectively may result in fewer orders, reduced revenue and margins, and loss of market share.”
“Some of our competitors have made or could make acquisitions of businesses that allow them to offer more competitive and comprehensive solutions.”
“expand their product and service offerings more quickly than we do. These competitive pressures in our market or our failure to compete effectively may result in fewer orders, reduced revenue and margins, and loss of market share. In addition, industry consolidation may impact customers’ perceptions of the viability of smaller or even mid-size companies and consequently customers’ willingness to purchase from such firms.”
“As a result of such acquisitions, our current or potential competitors may be able to accelerate the adoption of new technologies that better address customer needs, devote greater resources to bring these products and services to market, initiate or withstand substantial price competition, or develop and expand their product and service offerings more quickly than we do.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Semis & Hardware
- Market spend (2023–2025)
- $118.8B
- Market spend (2020–2022)
- $89.3B
- Recent vs prior
- +33%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
BKSY trades at a -129.6-turn discount to the Semis & Hardware peer median of 19.5×.
- EV / Revenue
- 14.7×
- Net debt / EBITDA
- N/A
- Peer median EV / EBITDA
- 19.5×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
Entegris, Inc.ENTG | 30.8× | 8.0× | 3.8× | $3.2B | $6B |
| 21.7× | 6.6× | -0.1× | $25.9B | $6.9B | |
| 19.5× | 4.5× | 2.8× | $4.7B | $1.8B | |
Qualcomm Inc.QCOM | 18.1× | 5.4× | -0.4× | $44.5B | $997M |
| 14.5× | 3.5× | -0.2× | $18.5B | $3.1B |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Semis & Hardware. Bars scaled to the highest EV/EBITDA in the set.
Buyer landscape.
Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.
Likely buyers
No public buyers surface as a strong target-side fit on current signal.
Likely sellers / divestiture partners
No reciprocal divestiture / strategic-alternatives matches identified.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)142026-04-16
- 10-Q (quarterly)202026-05-07
- 8-K (event)612026-05-07
- Proxy / DEF 14A92025-07-24
- Activism (13D / DFAN / PREC)32024-11-12
Signals on file
- critical
Non-reliance disclosure
2021-05-101 Item 4.02 filing on file; financial-statement non-reliance.
- elevated
Auditor change
2021-09-151 Item 4.01 filing on file; certifying accountant change.
- watch
Late-filing notice
2021-05-171 NT 10-K/10-Q filing on file.
- elevated
Activism on file
2024-11-123 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Serial acquisition history
- info
Signal
10-K strategy themes
- info
Signal
Restatement risk
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.