<SEC-DOCUMENT>0001567619-21-017557.txt : 20210923
<SEC-HEADER>0001567619-21-017557.hdr.sgml : 20210923
<ACCEPTANCE-DATETIME>20210923165130
ACCESSION NUMBER:		0001567619-21-017557
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210909
FILED AS OF DATE:		20210923
DATE AS OF CHANGE:		20210923

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Thales Alenia Space S.A.S.
		CENTRAL INDEX KEY:			0001884012
		STATE OF INCORPORATION:			I0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39113
		FILM NUMBER:		211273050

	BUSINESS ADDRESS:	
		STREET 1:		100 BD DU MIDI - 06150
		CITY:			CANNES LA BOCA
		STATE:			I0
		ZIP:			06150
		BUSINESS PHONE:		33492927000

	MAIL ADDRESS:	
		STREET 1:		100 BD DU MIDI - 06150
		CITY:			CANNES LA BOCA
		STATE:			I0
		ZIP:			06150

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SEAHAWK SPV INVESTMENT LLC
		CENTRAL INDEX KEY:			0001883922
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39113
		FILM NUMBER:		211273051

	BUSINESS ADDRESS:	
		STREET 1:		2733 SOUTH CRYSTAL DRIVE, SUITE 1200
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			22202
		BUSINESS PHONE:		33534353637

	MAIL ADDRESS:	
		STREET 1:		2733 SOUTH CRYSTAL DRIVE, SUITE 1200
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			22202

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Thales S.A.
		CENTRAL INDEX KEY:			0001884735
		STATE OF INCORPORATION:			I0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39113
		FILM NUMBER:		211273048

	BUSINESS ADDRESS:	
		STREET 1:		TOUR CARPE DIEM, 31 PLACE
		STREET 2:		DES COROLLES, ESPLANADE NORD 92400
		CITY:			COURBEVOIE
		STATE:			I0
		ZIP:			92400
		BUSINESS PHONE:		330157778000

	MAIL ADDRESS:	
		STREET 1:		TOUR CARPE DIEM, 31 PLACE
		STREET 2:		DES COROLLES, ESPLANADE NORD 92400
		CITY:			COURBEVOIE
		STATE:			I0
		ZIP:			92400

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Thales Alenia Space US Investment LLC
		CENTRAL INDEX KEY:			0001884264
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39113
		FILM NUMBER:		211273049

	BUSINESS ADDRESS:	
		STREET 1:		1209 ORANGE STREET
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19801
		BUSINESS PHONE:		33534353637

	MAIL ADDRESS:	
		STREET 1:		1209 ORANGE STREET
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19801

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackSky Technology Inc.
		CENTRAL INDEX KEY:			0001753539
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		IRS NUMBER:				831833760
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		13241 WOODLAND PARK ROAD
		STREET 2:		SUITE 300
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20171
		BUSINESS PHONE:		571-267-1571

	MAIL ADDRESS:	
		STREET 1:		13241 WOODLAND PARK ROAD
		STREET 2:		SUITE 300
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20171

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Osprey Technology Acquisition Corp.
		DATE OF NAME CHANGE:	20190619

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Osprey Energy Acquisition Corp. II
		DATE OF NAME CHANGE:	20180928

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Osprey Acquisition Corp. II
		DATE OF NAME CHANGE:	20180918
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2021-09-09</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001753539</issuerCik>
        <issuerName>BlackSky Technology Inc.</issuerName>
        <issuerTradingSymbol>BKSY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001883922</rptOwnerCik>
            <rptOwnerName>SEAHAWK SPV INVESTMENT LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2733 SOUTH CRYSTAL DRIVE, SUITE 1200</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ARLINGTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>22202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001884012</rptOwnerCik>
            <rptOwnerName>Thales Alenia Space S.A.S.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>100 BD DU MIDI - 06150</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CANNES LA BOCA</rptOwnerCity>
            <rptOwnerState>I0</rptOwnerState>
            <rptOwnerZipCode>06150</rptOwnerZipCode>
            <rptOwnerStateDescription>FRANCE</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001884264</rptOwnerCik>
            <rptOwnerName>Thales Alenia Space US Investment LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1209 ORANGE STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WILMINGTON</rptOwnerCity>
            <rptOwnerState>DE</rptOwnerState>
            <rptOwnerZipCode>19801</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001884735</rptOwnerCik>
            <rptOwnerName>Thales S.A.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>TOUR CARPE DIEM, 31 PLACE</rptOwnerStreet1>
            <rptOwnerStreet2>DES COROLLES, ESPLANADE NORD 92400</rptOwnerStreet2>
            <rptOwnerCity>COURBEVOIE</rptOwnerCity>
            <rptOwnerState>I0</rptOwnerState>
            <rptOwnerZipCode>92400</rptOwnerZipCode>
            <rptOwnerStateDescription>FRANCE</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock, par value $0.0001 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14594452</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants to Purchase Class A Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.11</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-06-27</value>
            </exerciseDate>
            <expirationDate>
                <value>2028-06-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>54719</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants to Purchase Class A Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.11</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-07-31</value>
            </exerciseDate>
            <expirationDate>
                <value>2028-07-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>9119</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants to Purchase Class A Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.11</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2019-10-31</value>
            </exerciseDate>
            <expirationDate>
                <value>2029-10-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>475128</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants to Purchase Class A Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.11</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2019-10-31</value>
            </exerciseDate>
            <expirationDate>
                <value>2029-10-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1231114</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Notes are included on Exhibit 99.1 hereto.</footnote>
        <footnote id="F2">Notes are included on Exhibit 99.1 hereto.</footnote>
        <footnote id="F3">Notes are included on Exhibit 99.1 hereto.</footnote>
    </footnotes>

    <remarks>Exhibit List:
Exhibit 99.1 - Explanation of Responses</remarks>

    <ownerSignature>
        <signatureName>Thales S.A.; By: /s/ Isabelle Simon, Group Secretary &amp; General Counsel</signatureName>
        <signatureDate>2021-09-23</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Thales Alenia Space S.A.S.; By: /s/ Herve Derrey, President &amp; CEO</signatureName>
        <signatureDate>2021-09-23</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Thales Alenia Space US Investment LLC; By: /s/ Clarence Duflocq, President</signatureName>
        <signatureDate>2021-09-23</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Seahawk SPV Investment LLC; By: /s/ Alan Kessler, President</signatureName>
        <signatureDate>2021-09-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>s45385620.htm
<DESCRIPTION>EXPLANATION OF RESPONSES
<TEXT>
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  <head>
    <title></title>
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         Copyright 1995 - 2021 Broadridge -->
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          <td style="width: 25%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif;">Designated Filer:</div>
          </td>
          <td style="width: 75%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif;">Seahawk SPV Investment LLC</div>
          </td>
        </tr>
        <tr>
          <td style="width: 25%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif;">Issuer &amp; Ticker Symbol:</div>
          </td>
          <td style="width: 75%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif;">BlackSky Technology Inc. [BKSY]</div>
          </td>
        </tr>
        <tr>
          <td style="width: 25%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif;">Date of Event Requiring Statement:</div>
          </td>
          <td style="width: 75%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif;">September 9, 2021</div>
          </td>
        </tr>

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  </div>
  <div>
    <div style="text-align: right; text-indent: 36pt; font-weight: bold;">Exhibit 99.1</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-left: 9.35pt; margin-top: 6pt;">Explanation of Responses:</div>
    <div style="margin-top: 6pt;"><br>
    </div>
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          <td style="width: 18pt; vertical-align: top; align: right;">(1)</td>
          <td style="width: auto; vertical-align: top;">
            <div>Pursuant to the consummation of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of February 17, 2021 (the &#8220;Merger Agreement&#8221;), by
              and among of BlackSky Technology Inc. (f/k/a Osprey Technology Acquisition Corp.) (the &#8220;Issuer&#8221;),&#160; Osprey Technology Merger Sub, Inc., and BlackSky Holdings, Inc. (&#8220;BlackSky&#8221;), each outstanding Class A common stock of&#160; BlackSky was converted into the right to receive shares of Class A common stock, par
              value $0.0001 per share, of the Issuer (the &#8220;Class A Common Stock&#8221;) in accordance with exchange ratio set forth in the Merger Agreement.</div>
          </td>
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          <td style="width: 9pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">(2)</td>
          <td style="width: auto; vertical-align: top;">
            <div>Reflects securities directly held by Seahawk SPV Investment LLC (&#8220;Seahawk&#8221;).&#160; Seahawk is a direct wholly-owned subsidiary of Thales Alenia Space US Investment LLC (&#8220;TAS
              US&#8221;), which, in turn, is a wholly-owned subsidiary of Thales Alenia Space S.A.S (&#8220;TAS&#8221;). TAS is a joint venture whose majority owner is Thales S.A., a French public company (&#8220;Thales&#8221;). By reason of their relationships, TAS US, TAS and Thales
              may be deemed to share the power to vote or to direct the vote, or to dispose or direct the disposition of the shares held by Seahawk and may be deemed to have shared beneficial ownership of the shares held directly by Seahawk.&#160; Each of TAS
              US, TAS and Thales disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein.</div>
          </td>
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          <td style="width: 9pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">(3)</td>
          <td style="width: auto; vertical-align: top;">
            <div>In connection with the Merger,&#160; the Issuer assumed certain warrants to purchase Class A Common Stock issued by Blacksky to Seahawk pursuant to: (i) a Warrant to
              Purchase Stock, dated June 27, 2018; (ii) a Warrant to Purchase Stock; (iii) a Warrant to Purchase Stock, dated October 31, 2019; and (iv) a Warrant to Purchase Stock, dated October 31, 2019 (collectively, the &#8220;Warrants&#8221;).&#160; The underlying
              shares of Class A Common Stock issuable under each of the Warrants gives effect to the exchange ratio set forth in Merger Agreement.</div>
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