BlackSky Gen-3 imaging satellites in October 2025 captured two Chinese aircraft carriers at Yulin Naval Base, featuring various aircraft and crowds of sailors on deck and on the pier. Credit: BlackSky

WASHINGTON — Satellite imagery company BlackSky said Nov. 6 that revenue fell short of expectations in the third quarter as U.S. government spending slowed following the Trump administration’s proposed cuts to a key intelligence contract. But executives said growing international demand for Earth-observation data is helping offset the downturn and could soon make foreign sales the company’s largest source of revenue.

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Sandra Erwin writes about military space programs, policy, technology and the industry that supports this sector. She has covered the military, the Pentagon, Congress and the defense industry for nearly two decades as editor of NDIA’s National Defense...