On July 22, 2025, BlackSky Technology Inc. completed a private offering of $185 million in 8.25% Convertible Senior Notes due 2033 to manage debt and for general corporate purposes, with net proceeds expected to be approximately $177.9 million after expenses. The initial conversion price was set at about $36.78 per share, which is a 30% premium over the stock price on July 17, 2025.