{"id":765857,"date":"2023-06-26T07:03:33","date_gmt":"2023-06-26T11:03:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/blacksky-technology-added-to-russell-3000-index\/"},"modified":"2023-06-26T07:03:33","modified_gmt":"2023-06-26T11:03:33","slug":"blacksky-technology-added-to-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blacksky-technology-added-to-russell-3000-index\/","title":{"rendered":"BlackSky Technology Added to Russell 3000\u00ae Index"},"content":{"rendered":"

<\/p>\n

BlackSky Technology Added to Russell 3000\u00ae <\/sup>Index<\/b><\/p>\n

HERNDON, Va.–(BUSINESS WIRE<\/a>)–
\nBlackSky Technology Inc. (NYSE: BKSY<\/a>) has joined the broad-market Russell 3000\u00ae<\/span><\/sup>Index, effective after the U.S. market close on June 23, 2023, as part of the 2023 Russell indexes reconstitution. Membership in the U.S. all-cap Russell 3000\u00ae <\/sup>Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00ae<\/span><\/sup>Index or small-cap Russell 2000\u00ae<\/span><\/sup>Index as well as the appropriate growth and value style indexes.\n<\/p>\n

\n\u201cWe are honored to be included in the Russell 3000 index,\u201d said Brian E. O\u2019Toole, BlackSky CEO. \u201cThis is a milestone event for the company and a testament to BlackSky\u2019s strong fundamentals and business performance, and further underscores our role as a market leader in the geospatial intelligence industry. We believe BlackSky\u2019s inclusion will increase visibility, providing us with the opportunity to reach a wider set of investment managers and institutional investors.\u201d\n<\/p>\n

\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.\n<\/p>\n

\nFor more information on the Russell 3000\u00ae <\/sup>Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the FTSE Russell website<\/a>.\n<\/p>\n

About BlackSky Technology Inc.<\/b><\/p>\n

\nBlackSky is a leading provider of real-time geospatial intelligence. BlackSky delivers on-demand, high frequency imagery, monitoring and analytics of the most critical and strategic locations, economic assets, and events in the world.\n<\/p>\n

\nBlackSky designs, owns and operates one of the industry\u2019s leading low earth orbit small satellite constellations, optimized to capture imagery cost-efficiently where and when our customers need it. BlackSky\u2019s Spectra AI software platform processes data from BlackSky\u2019s constellation and from other third-party sensors to develop the critical insights and analytics that our customers require.\n<\/p>\n

\nBlackSky is relied upon by U.S. and international government agencies, commercial businesses, and organizations around the world. BlackSky is headquartered in Herndon, VA, and is publicly traded on the New York Stock Exchange as BKSY. To learn more, visit www.blacksky.com<\/a> and follow us on Twitter.\n<\/p>\n

About FTSE Russell<\/b><\/p>\n

\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.\n<\/p>\n

\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.\n<\/p>\n

\nA core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.\n<\/p>\n

\nFTSE Russell is wholly owned by London Stock Exchange Group.\n<\/p>\n

\nFor more information, visit www.ftserussell.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nCertain statements in this press release may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. These forward-looking statements generally are identified by the words \u201cbelieve,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cwill likely result,\u201d and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect our expectations, plans, or forecasts of future events and views as of the date of this communication. We anticipate that subsequent events and developments will cause their assessments to change. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Additional risks and uncertainties are identified and discussed in BlackSky\u2019s disclosure materials filed from time to time with the SEC which are available at the SEC\u2019s website at http:\/\/www.sec.gov<\/a> or on BlackSky\u2019s Investor Relations website at https:\/\/ir.blacksky.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230626732184\/en\/<\/a><\/span><\/p>\n

Investor Contact
\n<\/b>
Aly Bonilla
\n
abonilla@blacksky.com
\n<\/a><\/p>\n

Media Contact
\n<\/b>
Pauly Cabellon
\n
pcabellon@blacksky.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Virginia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Technology Other Technology Satellite<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

BlackSky Technology Added to Russell 3000\u00ae Index HERNDON, Va.–(BUSINESS WIRE)– BlackSky Technology Inc. (NYSE: BKSY) has joined the broad-market Russell 3000\u00aeIndex, effective after the U.S. market close on June 23, 2023, as part of the 2023 Russell indexes reconstitution. Membership in the U.S. all-cap Russell 3000\u00ae Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00aeIndex or small-cap Russell 2000\u00aeIndex as well as the appropriate growth and value style indexes. \u201cWe are honored to be included in the Russell 3000 index,\u201d said Brian E. O\u2019Toole, BlackSky CEO. \u201cThis is a milestone event for the company and a testament to BlackSky\u2019s strong fundamentals and business performance, and further underscores our role as a market leader … <\/p>\n

Continue reading “BlackSky Technology Added to Russell 3000\u00ae Index”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765857","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBlackSky Technology Added to Russell 3000\u00ae Index - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blacksky-technology-added-to-russell-3000-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackSky Technology Added to Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BlackSky Technology Added to Russell 3000\u00ae Index HERNDON, Va.–(BUSINESS WIRE)– BlackSky Technology Inc. (NYSE: BKSY) has joined the broad-market Russell 3000\u00aeIndex, effective after the U.S. market close on June 23, 2023, as part of the 2023 Russell indexes reconstitution. Membership in the U.S. all-cap Russell 3000\u00ae Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00aeIndex or small-cap Russell 2000\u00aeIndex as well as the appropriate growth and value style indexes. \u201cWe are honored to be included in the Russell 3000 index,\u201d said Brian E. O\u2019Toole, BlackSky CEO. \u201cThis is a milestone event for the company and a testament to BlackSky\u2019s strong fundamentals and business performance, and further underscores our role as a market leader … Continue reading "BlackSky Technology Added to Russell 3000\u00ae Index"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/blacksky-technology-added-to-russell-3000-index\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-26T11:03:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230626732184r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blacksky-technology-added-to-russell-3000-index\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blacksky-technology-added-to-russell-3000-index\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BlackSky Technology Added to Russell 3000\u00ae Index\",\"datePublished\":\"2023-06-26T11:03:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blacksky-technology-added-to-russell-3000-index\\\/\"},\"wordCount\":860,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blacksky-technology-added-to-russell-3000-index\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230626732184r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blacksky-technology-added-to-russell-3000-index\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blacksky-technology-added-to-russell-3000-index\\\/\",\"name\":\"BlackSky Technology Added to Russell 3000\u00ae Index - 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