Planet Labs PBC (PL)

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News

Why Planet Labs Stock Bounced Back Monday
PL
Published: March 24, 2025 by: The Motley Fool
Sentiment: Neutral

Planet Labs (PL 7.92%) stock tumbled 11% through the closing bell Friday after "missing" on its fiscal Q4 2025 earnings report and guiding investors to expect further misses throughout fiscal 2026 (which, by the company's calendar, is this year).

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Why Planet Labs Stock Crashed on Friday
PL
Published: March 21, 2025 by: The Motley Fool
Sentiment: Negative

Shares of Planet Labs (PL -11.32%) tumbled 15% through 11:35 a.m. ET Friday after the company reported last night that it had missed earnings forecasts.

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Planet Awarded as a Subcontractor for $95M California Satellite Data Purchase Program
PL
Published: March 21, 2025 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced it was selected as the primary subcontractor for the California Air Resource Board's (CARB) Satellite Data Purchase Program (SDPP). The $95M SDPP multi-year contract was awarded to Carbon Mapper with Planet as a subcontractor to provide the state of California with methane data built upon Tanager hyperspectral collections, and other Planet data product.

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image for news Planet Awarded as a Subcontractor for $95M California Satellite Data Purchase Program
Planet and Anthropic Partner to Use Claude's Advanced AI Capabilities to Turn Geospatial Satellite Imagery into Actionable Insights
PL
Published: March 06, 2025 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it will begin using Anthropic's Claude, one of the world's most trusted Large Language Models (LLMs), to revolutionize how we understand and analyze our changing planet. By using Claude on Planet's daily scan of the Earth, Planet could create powerful new capabilities for users across government and business. This collaboration will combine Planet's deep st.

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image for news Planet and Anthropic Partner to Use Claude's Advanced AI Capabilities to Turn Geospatial Satellite Imagery into Actionable Insights
Planet and Bayer Accelerate Digital Innovation in Agriculture with Major Enterprise License Expansion
PL
Published: February 25, 2025 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced an expanded relationship with Bayer through a multi-year enterprise license agreement. This agreement increases Bayer's access to Planet's satellite imagery and analytics, expanding into commercial operations and enabling enhanced decision-making across its global agricultural operations. By leveraging a suite of Planet products, including PlanetScope,.

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image for news Planet and Bayer Accelerate Digital Innovation in Agriculture with Major Enterprise License Expansion

About Planet Labs PBC (PL)

  • IPO Date 2021-04-26
  • Website https://www.planet.com
  • Industry Aerospace & Defense
  • CEO William Spencer Marshall
  • Employees 810

Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers Open Geospatial Consortium, a cloud-native proprietary technology that performs critical processing and overall harmonizing of images for time series and data fusion and analysis; and space-based hardware and related software systems. It serves agriculture, mapping, forestry, and finance and insurance, as well as federal, state, and local government bodies. The company was incorporated in 2010 and is headquartered in San Francisco, California.