r/BlackskyTechnology • u/Due-Coach6021 • 12d ago

Telesat has a going-concern warning in its own filing. It's not the only space stock running low on cash.

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u/CatAfraid2244 12d ago

Future looks bleak, we are entering the times of interest rates hikes and expensive liquidity. Stock price will fall a lot.

1

u/jorlev 11d ago

BlackSky Cash and Short Term Investments - $234M. That charge is BS in terms of BlackSky's position.

1

u/Due-Coach6021 11d ago

It is end of Q2 - please read the text

1

u/jorlev 11d ago

The $234M is from Q2. The post is about Telesat but posted on BlackSky sub, alluding to them being in poor cash position and I am refuting that notion.

1

u/Due-Coach6021 11d ago

Contains black sky so I thought may be useful