Tag: government contracts

  • Planet Labs Stock Jumps on AI Pelican Satellites and Gov Deals

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    What’s Behind Planet Labs’ Recent Stock Surge? Planet Labs shares climbed 12% following the company’s announcement of its AI-powered Pelican satellite platform and a series of new government contracts worth approximately $180 million. The Earth observation company’s latest developments position it to compete more aggressively in the high-resolution imaging market, traditionally dominated by Maxar and…

  • Blue Origin Captures Major Defense Contracts from SpaceX

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    How is Blue Origin competing with SpaceX for defense contracts? Blue Origin has secured $2.8 billion in Pentagon launch contracts over the past six months, directly challenging SpaceX’s dominance in the national security launch market. The company’s New Glenn rocket, which achieved operational status in late 2025, now offers launch services at $89 million per…