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BlackSky Technology (BlackSky Technology) Property, Plant and Equipment : $126.5 Mil (As of Mar. 2024)


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What is BlackSky Technology Property, Plant and Equipment?

BlackSky Technology's quarterly net PPE increased from Sep. 2023 ($121.7 Mil) to Dec. 2023 ($124.7 Mil) and increased from Dec. 2023 ($124.7 Mil) to Mar. 2024 ($126.5 Mil).

BlackSky Technology's annual net PPE increased from Dec. 2021 ($110.7 Mil) to Dec. 2022 ($126.1 Mil) but then declined from Dec. 2022 ($126.1 Mil) to Dec. 2023 ($124.7 Mil).


BlackSky Technology Property, Plant and Equipment Historical Data

The historical data trend for BlackSky Technology's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BlackSky Technology Property, Plant and Equipment Chart

BlackSky Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
83.52 110.65 126.12 124.72

BlackSky Technology Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.30 128.77 121.72 124.72 126.51

BlackSky Technology Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


BlackSky Technology  (NYSE:BKSY) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


BlackSky Technology Property, Plant and Equipment Related Terms

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BlackSky Technology (BlackSky Technology) Business Description

Traded in Other Exchanges
N/A
Address
13241 Woodland Park Road, Suite 300, Herndon, VA, USA, 20171
BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industry's low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and from other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.
Executives
Tracy Ward officer: Principal Accounting Officer 3901 STONECROFT BOULEVARD, C/O INTERSECTIONS INC., CHANTILLY VA 20151
Brian E O'toole director, officer: CEO and President 2325 DULLES CORNER BLVD., HERNDON VA 20171
Henry Edward Dubois officer: Chief Development Officer C/O 13241 WOODLAND PARK ROAD, STE 300, HERNDON VA 20171
Christiana L Lin officer: General Counsel & Corp Sec 11465 SUNSET HILLS ROAD, SUITE 200, RESTON VA 20190
Johan G Broekhuysen officer: Chief Financial Officer LUMOS NETWORKS CORP., ONE LUMOS PLAZA, WAYNESBORO VA 22980
Susan M. Gordon director C/O CACI INTERNATIONAL, 1100 N. GLEBE ROAD, 3RD FLOOR, ARLINGTON VA 22201
Mithril Lp 10 percent owner ONE LETTERMAN DRIVE, BUILDING C SUITE 400, SAN FRANCISCO CA 94129
Peter Thiel 10 percent owner 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
S.a. Thales 10 percent owner TOUR CARPE DIEM, 31 PLACE, DES COROLLES, ESPLANADE NORD 92400, COURBEVOIE I0 92400
Thales Alenia Space Us Investment Llc 10 percent owner 1209 ORANGE STREET, WILMINGTON DE 19801
Thales Alenia Space S.a.s. 10 percent owner 100 BD DU MIDI - 06150, CANNES LA BOCA I0 06150
Seahawk Spv Investment Llc 10 percent owner 2733 SOUTH CRYSTAL DRIVE, SUITE 1200, ARLINGTON TX 22202
Brian G. Daum officer: Chief Financial Officer C/O BLACKSKY TECHNOLOGY INC, 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20271
Mithril Gp Lp 10 percent owner C/O MITHRIL CAPITAL MANAGEMENT LLC, 600 CONGRESS AVENUE, SUITE 3100, AUSTIN TX 78701
Timothy M. Harvey director 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20171