Tag: Planet Labs
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Planet Posts Record $116 Million Quarter as Sovereign Satellite Services Accelerate Growth
Planet Labs reported record quarterly revenue of $116.1 million for the second quarter of fiscal 2027, as the handover of a reconnaissance satellite to the Swedish Armed Forces and expanding defense demand lifted revenue 58% year over year. The Earth observation company announced the results on September 3 for the three months ended July 31,…
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Rwanda and Planet Labs Launch National Satellite Data Program for Government, Universities and Startups
The Government of Rwanda has partnered with Planet Labs to establish a national satellite data program that will provide near-daily Earth observation imagery to government agencies, public universities, selected startups and strategic development partners. Managed by the Rwanda Space Agency, the program is designed to make satellite imagery a more routine component of national decision-making,…
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NASA Awards Commercial Satellite Data Contracts to Eight New Providers
NASA has awarded contracts to eight commercial satellite data providers under its Commercial Satellite Data Acquisition (CSDA) program, expanding the range of Earth observation data available to support scientific research and operational applications. The awards were issued under the CSDA On-Ramp 2 Multiple Award contract, a firm-fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) agreement with a cumulative ceiling value…
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Planet Labs Secures Expanded NGA Contract for AI-Enabled Maritime Intelligence Services
Planet Labs has received a $22 million contract option from the U.S. National Geospatial-Intelligence Agency (NGA) to continue providing artificial intelligence-enabled geospatial analytics for military and government users. The award expands work that began under a $13 million contract issued last year through the NGA’s Luno B program, which uses unclassified commercial imagery and analytics…
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Planet Labs Stock Jumps on AI Pelican Satellites and Gov Deals
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…
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Planet Signs Satellite Data Agreement With Slovenia’s Mapping Authority
Planet Labs has signed an enterprise-scale agreement with the Surveying and Mapping Authority of the Republic of Slovenia (GURS) to provide satellite imagery and services to support public sector activities including agriculture monitoring, urban planning and disaster management. Under the agreement, Slovenian state and municipal authorities will gain access to PlanetScope satellite imagery as well…
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Planet Labs to Expand Satellite Production in Berlin with Eight-Figure Investment
California-based Planet Labs plans to establish its first satellite production facility outside the United States in Berlin, investing an eight-figure sum to double its high-resolution satellite output, the company said. The move will add up to 70 employees to the 150 staff already working at its Berlin-based European headquarters, according to CEO Will Marshall. The…
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Planet Labs Explores AI for Actionable Earth Observation Insights
Planet Labs, renowned for its daily Earth imagery via small satellites, is intensifying its focus on leveraging artificial intelligence (AI) to transform vast image data into actionable intelligence, despite cautioning against overhyping AI’s capabilities. Troy Toman, Senior Vice President of Product and Software Engineering at Planet, emphasized the company’s evolution in understanding customer needs beyond…
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NRO awards contracts to Xplore and five other hyperspectral imaging companies
Xplore is working on its Xcraft satellite platform at its HQ in Redmond, Wash. (Xplore Illustration) The National Reconnaissance Office awarded study contracts to six companies offering — or planning to offer — satellite images of Earth in multiple wavelengths, including Redmond, Wash.-based Xplore. Other companies receiving contracts under NRO’s multi-stage Strategic Commercial Enhancements Broad…
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NRO strikes multibillion-dollar deals with BlackSky, Maxar and Planet for spy satellite imagery
An artist’s conception shows one of BlackSky’s satellites in orbit. (Black Sky Illustration) Three satellite imaging companies are in line to receive billions of dollars from the National Reconnaissance Office over the next decade, thanks to a string of contracts announced today. The companies are the same satellite operators who won study contracts from the…