Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced the signing of a multi-year $230 million agreement to expand its partnership with a long-standing, Asia-Pacific commercial partner. Pursuant to the agreement, Planet will build and deliver a constellation of new Pelican high resolution satellites, securing certain capacity on the satellites for the partner, in addition to providing operational services. Planet will leverage the increased capacity of the expanded fleet to serve its own government and commercial customers around the world.
Planet Labs Germany GmbH, a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year contract with the European Space Agency (ESA). Through this contract, Planet joins the Copernicus Contributing Missions, officially contributing commercial satellite data alongside ESA’s Sentinel satellite data to the Copernicus services.
Planet Labs PBC was selected by the National Geospatial-Intelligence Agency as one of the vendors for the $200 million Luno B commercial data indefinite delivery, indefinite quantity contract.
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced General John W. "Jay" Raymond, formerly Chief of Space Operations of the U.S. Space Force and member of the Joint Chiefs of Staff, has been elected to Planet’s board by stockholder written consent.
Planet Labs PBC (NYSEPL), a leading provider of daily Earth data and insights, announced today that its high-resolution Pelican-2 satellite and 36 SuperDoves of Flock 4G were successfully launched to orbit on SpaceX’s Transporter-12 Rideshare mission from Vandenberg Space Force Base in California. The Planet team has successfully made contact with Pelican-2 and started its commissioning process.
Planet Labs PBC (NYSEPL), a leading provider of daily Earth data and insights, announced today that its high-resolution Pelican-2 satellite & 36 SuperDoves of Flock 4G are scheduled to launch on the Transporter-12 Rideshare mission with SpaceX on Tuesday, January 14, 2025, from Vandenberg Space Force Base in California. SpaceX’s launch window opens at 10:49 a.m. PT, and the live launch webcast will be available at spacex.com/launches and on X @SpaceX.
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).
