Blacksky Technology is trading at $16.45, down 5.2%, amid broader risk-off pressure on technology and growth stocks. - Reuters reported technology and growth stocks weakening amid renewed AI-spending concerns and rising oil prices; the Nasdaq fell more than 2%. - Blacksky announced an expanded seven-figure defense contract on October 22; the customer doubled its subscription in less than six months. - The contract news is positive, and there is no direct evidence linking it to today’s decline.