Planet Labs PBC Redeemable warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share (PL.WS)
Company News
Planet Labs experienced a remarkable 50% stock price increase after reporting strong Q2 fiscal 2026 results, including 20% revenue growth, narrowed net losses, and successful convertible notes issuance.
Space sector saw significant activity with Planet Labs reporting strong Q2 revenue, EchoStar selling spectrum licenses to SpaceX for $17 billion, and UBS downgrading AST SpaceMobile.
Planetarium Labs introduces Verse8, an AI-powered game creation platform that allows users to build and publish games using text prompts, with no downloads or installations required.
Planet Labs, a satellite data and analytics company, has secured a seven-figure pilot contract with an international ministry of defense to provide maritime domain awareness services using its PlanetScope data and SynMax's AI-powered Theia solution.