
Planet Labs PBC
PLPlanet Labs PBC (PL) is a small satellite imaging company that operates a fleet of Earth observation satellites, known as Doves, which provide high-frequency, high-resolution imagery of the planet's surface. Founded with the goal of providing accessible and timely imagery for environmental monitoring, agriculture, disaster response, and other applications, Planet Labs has built a comprehensive platform for geospatial data collection and analysis. The company’s mission focuses on using space technology to help decision-makers address global challenges.
Company News
As the space industry accelerates toward a projected $1 trillion market by 2030, Planet Labs and Intuitive Machines are positioned as strategic plays for 2026. Planet Labs operates the world's largest Earth-imaging satellite fleet with 658% annual stock surge and strong revenue growth. Intuitive Machines leads the lunar economy with successful Mo...
Space stocks surged into 2026 with multiple companies posting double-digit gains, driven by Trump administration support, technical achievements, and SpaceX IPO speculation. Firefly Aerospace leads with a 34% year-to-date gain, while AST SpaceMobile faces valuation concerns despite 28% gains. Rocket Lab, Planet Labs, and Intuitive Machines also s...
Planet Labs signed a multi-year, low 9-figure contract with the Swedish military to deliver satellites and provide satellite data and awareness solutions. This marks the third major government contract in a year, expanding Planet Labs' role as a defense contractor. The deal includes selling actual satellites to Sweden, not just data services, cre...
Planet Labs announced a multi-year nine-figure satellite services agreement with Sweden's Armed Forces, marking its third major satellite services contract in 12 months. The company has now signed over $500 million in satellite services contracts in the past year, including deals with Japan and Germany. Planet Labs shares jumped approximately 6.6...
Planet Labs stock has surged over 400% in the past year, driven by its competitive advantage in daily global satellite imaging. While the company has captured less than 1% of its $128 billion total addressable market with 21% revenue growth, it remains unprofitable with a P/S ratio of 23 versus its historical average of 5. Analysts suggest cautio...
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