Planet Labs PBC Class A Common Stock (PL)

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How Modern Technology and Innovation is Playing a Shifting Paradigm in Space Exploration
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Via FinancialNewsMedia · December 17, 2024
Planet Labs to Present at 27th Annual Needham Growth Conference
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that Ashley Johnson, President and Chief Financial Officer, will participate in a fireside chat at the 27th Annual Needham Growth Conference on January 14th, 2025, at 3:00 p.m. Eastern Time. The discussion will be hosted by Ryan Koontz, Managing Director & Senior Equity Research Analyst at Needham & Company. The company will also be available for 1x1 meetings with investors.
By Planet · Via Business Wire · December 16, 2024
How Modern Technology and Innovation is Playing a Shifting Paradigm in Space Exploration
PALM BEACH, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The launch of communication satellites into space has become a cornerstone of modern technology, revolutionizing the way individuals, businesses, and governments connect and communicate across the globe. With increasing reliance on digital infrastructure, communication satellites serve as the backbone for seamless data transmission, bridging the gap between remote regions and urban centers to create a more interconnected and efficient world… and the market is expected to continue to grow in the coming years. A report from Allied Market Research projected that the global satellite communication market size is projected to reach $110.7 Billion by 2033, growing at a CAGR of 9.7% from 2024 to 2033. Communication satellites play a critical role in delivering internet access, broadcasting services, and mobile communications to regions where terrestrial networks are impractical or unavailable. From rural areas to developing nations, these satellites ensure that essential connectivity reaches underserved populations, fostering economic development, education, and social inclusion. Satellites provide essential communication networks for industries such as defense, emergency response, and transportation. In times of natural disasters, when traditional infrastructure is often compromised, satellite communication enables first responders and governments to coordinate relief efforts and ensure public safety. The ongoing deployment of communication satellites supports next-generation technologies like 5G, IoT (Internet of Things), and artificial intelligence. Satellites enable real-time data sharing between devices, empowering industries such as autonomous transportation, smart cities, and remote healthcare to function with greater efficiency and precision. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Rocket Lab USA, Inc. NASDAQ: RKLBNASDAQRKLB)(NYSE: NOCNYSENOC, Virgin Galactic Holdings, Inc. (NYSE: SPCENYSE), Planet Labs PBC (NYSE: PLPL).
By FN Media Group LLC · Via GlobeNewswire · December 17, 2024
Planet Reports Financial Results for Third Quarter of Fiscal Year 2025
Planet Labs PBC (NYSEPL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for the period ended October 31, 2024.
By Planet · Via Business Wire · December 9, 2024
Pelican-2 & 36 SuperDoves Arrived in Vandenberg, California For Launch
Planet Labs PBC (NYSEPL), a leading provider of daily Earth data and insights, today announced that its latest high-resolution satellite Pelican-2 and 36 SuperDoves have arrived at Vandenberg Space Force Base on December 9, in preparation for liftoff in early 2025 on board the Transporter-12 Rideshare mission with SpaceX. Pelican-2 joins Pelican-1 (a smallsat platform tech demonstration launched last year) as part of Planet’s next-generation, high-resolution fleet, to support and expand its existing SkySat capabilities.
By Planet Labs PBC · Via Business Wire · December 9, 2024
Using Planet Satellite Data, the Antinarcotics Directorate of the Colombian National Police (DIRAN) Work to Eradicate Illicit Crops
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that they have expanded their contract with Colombia’s National Police. Leveraging Planet’s satellite data, the Colombian National Police monitors and works to eradicate illicit crop growth and harvest in near-real time.
By Planet · Via Business Wire · December 4, 2024
How Battery Cell Technology is Playing an Extremely Vital Role in Space Exploration
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Via FinancialNewsMedia · December 3, 2024
How Battery Cell Technology is Playing an Extremely Vital Role in Space Exploration
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent report from Introspective Market Research projected that the Space Battery Market Size is predicted to show a 6.56% CAGR through 2032. In the rapidly advancing space industry, the demand for reliable, efficient, and innovative battery cell technology has become paramount. From enabling satellite operations and interplanetary missions to supporting the growing commercial space economy, energy storage solutions are at the heart of modern aerospace advancements. Space Battery Cells play a vital role in Space Missions. Battery cells are indispensable for space exploration due to their ability to store and deliver energy in harsh, unforgiving environments characterized by: Extreme Temperatures: Operating effectively in the vast thermal fluctuations of space; Radiation Exposure: Withstanding the high radiation levels of outer space; and Microgravity: Functioning optimally in weightless conditions. These batteries power a wide range of applications, including: Satellites and Orbital Platforms: Ensuring consistent energy for Earth observation, communication, and scientific data collection; Lunar and Deep Space Missions: Enabling spacecraft, landers, and rovers to operate autonomously in remote environments; and Rocket Propulsion Systems: Supporting reusable and expendable rocket technology. The integration of cutting-edge battery technology is crucial for overcoming the challenges of space exploration. Reliable energy systems ensure mission success, enable groundbreaking scientific discoveries, and support the sustainable growth of the space economy. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Rocket Lab USA, Inc. NASDAQ: RKLBNASDAQRKLB)(NYSE: PLNYSEPL, Intuitive Machines, Inc. (NASDAQ: LUNRNASDAQ), Solid Power, Inc. (NASDAQ: SLDPSLDP).
By FN Media Group LLC · Via GlobeNewswire · December 3, 2024
Planet Partners with Laconic to Deliver AI-Powered Forest Carbon Insights, Aiming to Enable Informed Carbon Credit Trading
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year, seven-figure deal with Laconic, a company leading a global shift in climate finance, empowering governments to monetize natural carbon assets through its Sovereign Carbon securitization platform. For the next three years, Laconic will be receiving both Planet’s 3 meter Forest Carbon Monitoring product and its 30 meter Forest Carbon product.
By Planet · Via Business Wire · December 2, 2024
Robert Cardillo, Chief Strategist and Chairman of Planet Federal, to Present at Goldman Sachs Investor Conference
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that Robert Cardillo, Chief Strategist and Chairman of the Board of Planet Federal, will participate in a fireside chat at the Goldman Sachs Industrials & Materials Conference on December 5th, 2024, at 9:20 a.m. Eastern Time. The discussion will be hosted by Noah Poponak, Managing Director and U.S. Aerospace & Defense Equity Research Analyst at Goldman Sachs. The company will also be available for 1x1 meetings with investors.
By Planet · Via Business Wire · November 26, 2024
Planet and Global Fishing Watch Expand Collaboration for Ocean Transparency and Accountability
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced a new contract with Global Fishing Watch, an international nonprofit dedicated to advancing ocean governance through increased transparency of human activity at sea. The 6-figure deal is an expansion of the organization’s ongoing agreement with Planet, and will allow Global Fishing Watch to fully leverage PlanetScope data and Machine Learning (ML) to improve ocean stewardship and foster greater compliance and accountability across all maritime sectors.
By Planet · Via Business Wire · November 20, 2024
Planet to Announce Fiscal Third Quarter 2025 Results on Monday, December 9, 2024
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal third quarter 2025 financial results for the quarter that ended October 31, 2024, after market close on Monday, December 9, 2024. Planet’s management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day.
By Planet · Via Business Wire · November 19, 2024
Planet Expands Contract with French Digital Farming Company Abelio
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, announced that it has signed an expansion with their partner Abelio, a French technology company offering smart farming solutions. Abelio leverages the Planet Insights Platform and the company’s PlanetScope satellite data to enhance their digital agriculture solutions. Through this expansion, Abelio will have access to agricultural data across France – nearly three times the amount of Planet data that it previously integrated into its solutions in 2023.
By Planet · Via Business Wire · November 14, 2024
Planet Releases Analysis-Ready PlanetScope Product for Time-Series Analysis and Machine Learning Models
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today released Analysis-Ready PlanetScope (ARPS). ARPS harnesses a cutting-edge proprietary algorithm to create harmonized and spatially consistent near-daily stacks of images that enable time-series analysis and machine learning applications.
By Planet · Via Business Wire · October 21, 2024
Planet Partner SatAgro Signs a Contract with American Crystal Sugar Company for Sugar Beet Crop Monitoring
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, announced that they have signed a contract with American Crystal Sugar Company, through Planet partner SatAgro, a precision agriculture company. Leveraging Planet satellite data, American Crystal Sugar is informing their advanced sugar beet monitoring work in the northern United States.
By Planet · Via Business Wire · October 7, 2024
Planet Launches Project Centinela, Equipping the World’s Leading Biodiversity Scientists and Conservationists with the Latest Satellite-derived Tools and Insights
Planet Labs PBC (NYSEPL), a leading provider of daily Earth data and insights, today launched Project Centinela, a new program aiming to equip the world’s leading biodiversity scientists and conservation advocates with an unprecedented array of high-resolution, high-frequency satellite imagery, analytics, and Planetary Variables. As part of Planet’s mission, over the next three years the program will help support teams working at the forefront of the biodiversity crisis to monitor and safeguard up to 50 of the world’s vulnerable biodiversity hotspots.
By Planet · Via Business Wire · October 1, 2024
Planet Renews Contract with the Federal Police of Brazil
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced a 12-month contract renewal with the Federal Police of Brazil for its global daily monitoring over threatened rainforests. The contract has a seven-figure value and was formalized through Planet’s partner SCCON Geospatial (SCCON).
By Planet · Via Business Wire · September 30, 2024
Planet Labs PBC Releases Images From Its First Hyperspectral Satellite
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today released first light images from its Tanager-1 satellite. The first set of imagery is of Karachi, Pakistan, and was taken on September 19th, 2024, from an altitude of 522 km.
By Planet · Via Business Wire · September 24, 2024
Planet Releases AI-powered Forest Carbon Monitoring Product — World’s First Global Scale Forest Monitoring System at 3-Meter Resolution
Planet Labs PBC (NYSEPL), a leading provider of daily Earth data and insights, today released its Forest Carbon Monitoring product, consisting of quarterly, 3-meter resolution measurements of forests globally. This new product offers partners and customers an unprecedented dataset to support voluntary carbon markets, regulatory compliance, and deforestation mitigation.
By Planet · Via Business Wire · September 24, 2024
Planet Signs Multi-Year Contract with the German Space Agency, Providing Near-Daily Imagery and Deep Archive of Satellite Data
Planet Labs Germany GmbH, a leading provider of daily data and insights about Earth, today announced that they have signed a three year contract with the German Space Agency at German Aerospace Center (DLR). Through this multi-year contract, Planet (NYSEPL) will provide a series of Earth observation data products and services to the German Space Agency at DLR and to German researchers to help them further advance research and development.
By Planet · Via Business Wire · September 16, 2024
Planet Selected for NASA Commercial SmallSat Data Acquisition (CSDA) Contract to Continue Providing Earth Observation Data
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced its Planet Federal subsidiary was selected for the NASA Commercial SmallSat Data Acquisition Program (CSDA) On-Ramp1 Multiple Award contract in order to provide commercial data in support of the agency’s Earth science research.
By Planet · Via Business Wire · September 9, 2024
Planet Reports Financial Results for Second Quarter of Fiscal Year 2025
Planet Labs PBC (NYSEPL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for the period ended July 31, 2024.
By Planet · Via Business Wire · September 5, 2024
Planet to Participate in September Investor Events
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that it will participate in the following investor events next month:
By Planet · Via Business Wire · August 26, 2024
Planet Signs Contract with NATO Agency to Advance the Alliance Persistent Surveillance from Space (APSS) Program
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, announced it has signed a new contract with the NATO Communications and Information Agency (NCIA). NCIA's Alliance Persistent Surveillance from Space (APSS) program will use Planet’s SkySat high-resolution satellite data to support NATO missions.
By Planet · Via Business Wire · August 19, 2024
AST SpaceMobile Surges 50% Space Broadband Cellular Launch Nears
AST SpaceMobile Inc. (NASDAQASTS) stock rocketed 50% following its Q2 2024 earnings report. The company missed EPS estimates for a loss of 51 cents by 29 cent
Via MarketBeat · August 19, 2024