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BlackSky glides into its first day of public trading

BlackSky, the geospatial data analysis company that got its start in Seattle, eased into its first day of public trading on the New York Stock Exchange today, clinching a blank-check merger deal that unlocked about $283 million in capital.

The business combination with Osprey Technology Acquisition Corp. — a special-purpose acquisition company, or SPAC — was approved by Osprey’s shareholders on Sept. 8. BlackSky is now trading under the BKSY ticker symbol for common stock and BKSY.W for BlackSky warrants.

“Our team is excited that we have reached this major milestone on our first-to-know mission to lead a new era of real-time global intelligence,” BlackSky CEO Brian O’Toole said in a news release.

By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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