Planet Labs PBC
About Planet Labs PBC
Planet Labs PBC is a leading provider of daily data and insights about change on Earth through satellite imagery. The company designs, constructs, and launches constellations of satellites, including SuperDove, to deliver high-cadence geospatial data via an online platform with daily Earth imaging at up to 3.5 meters resolution. It serves customers across agriculture, mapping, energy, forestry, finance, insurance, and defense sectors in the United States and internationally. Planet reported $113 million in revenue for fiscal 2021 and currently serves about 700 customers.
- 🔗 Planet shares begin trading on New York Stock Exchange - SpaceNews
- 🔗 Space co Planet Labs going public: Backed by Google, BlackRock, Benioff
- 🔗 Financials - Quarterly Results - Planet Labs PBC
- 🔗 PL - Planet Labs Class A | Stock Quotes from Fidelity Investments
- 🔗 Planet Labs PBC Stock Price Today NYSE PL - Investing.com Canada
Key highlights
- Planet went public on the NYSE via merger and PIPE raising approximately $590 million.
- Reported $113 million in revenue for fiscal year 2021 serving around 700 customers.
- Defense and intelligence revenue grew over 90% YoY representing about 70% of sales.
- Aims for adjusted EBITDA profitability by early 2025 and revenue near $700 million by early 2026.
- Operates as a public benefit corporation with programs like the Bezos Earth Fund-supported Tropical Forest Observatory.
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