BlackSky Technology Inc. (NYSE: BKSY) entered into a sales agreement with Deutsche Bank Securities Inc. and Craig-Hallum Capital Group LLC dated May 22, 2026, according to a company statement.

The agreement allows BlackSky to sell shares of its Class A common stock with an aggregate offering price of up to $250 million through the two firms acting as sales agents. The shares have a par value of $0.0001 per share.

This sales agreement replaces BlackSky's prior sales agreement with the same agents dated December 12, 2025. The company stated no sales will be made under the previous agreement following the new arrangement.

The stock sales will be conducted from time to time through the sales agents in accordance with the terms of the agreement, the company said.