Planet Expands Multi-Year Contract with Instituto Geográfico Agustín Codazzi (IGAC), Providing Satellite Data and AI-Powered Analytics Feeds Across Colombia
Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about change on Earth, today announced a multi-year contract expansion with the Instituto Geográfico Agustín Codazzi (IGAC), in partnership with Planet geospatial intelligence partner Procalculo. With this contract, IGAC will continue leveraging Planet's technology for national land management, now incorporating the Planet Insights Platform and the AI-powered change detection service for roads and buildings. These tools will enhance analysis and decision-making in urban planning, infrastructure, and environmental management.
IGAC is the governmental entity in Colombia responsible for generating, managing, and disseminating geographic and cartographic data. In 2023, Planet signed a contract with IGAC to provide advanced access to SkySat tasking and daily monitoring with PlanetScope, thereby strengthening land-use planning and risk management throughout the country.
With the expansion of the contract, IGAC leverages a comprehensive ecosystem of Planet solutions, including the Planet Insights Platform for geospatial data analysis and management, SkySat Flexible Tasking, PlanetScope Monitoring, Planet Change Detection: Roads and Buildings, and the Education & Research package, aimed at supporting government-led research initiatives.
"By working in collaboration with IGAC and our partner Procalculo, we're excited to see how Planet's data is being used for nationwide disaster response, monitoring public policy compliance, and detecting changes through artificial intelligence across Colombia," said Ashley Johnson, Planet President and CFO. "By leveraging our platform and AI-powered analytics, IGAC will continue advancing near-daily broad area land management at scale."
With this expanded data access and collaboration with Procalculo, IGAC is strengthening its ability to enforce regulations, identify and monitor risks such as floods and landslides, and carry out land management efforts throughout Colombia. By integrating Planet's data into its government platform, the Observatorio de la Tierra y el Territorio (OTT), IGAC is able to efficiently support various organizations aiming to conduct AI-enabled change analysis, monitor infrastructure, support urban planning, and evaluate land-use over time—becoming a key input for informed decision-making.
"Planet offers a unique combination of satellite data and analytical capabilities that we can integrate into our national management systems to provide decision-makers with up-to-date data and information that ensure reliable insights about the territory," said Anderson Puentes Carvajal, Director of the Dirección de Gestión de Información Geográfica at IGAC. "By leveraging Procalculo's expertise along with Planet's advanced data and analytical tools, we're making significant progress in change detection and the implementation of public policies at both national and local levels across the country."
About Planet
Planet is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites. Planet provides mission-critical data, advanced insights, and software solutions to customers comprising the world's leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on X (formerly Twitter) or tune in to HBO's ‘Wild Wild Space'.
About Procalculo
Procalculo, a multilatina company with over 50 years of experience in specialized geographic information, offers a robust portfolio that includes satellite imagery distribution, GIS software, and geospatial analysis services. Throughout its history, the company has worked closely with government agencies and private sector organizations on projects involving cartography, environmental monitoring, territorial planning, and risk management. Procalculo currently serves as the official distributor of Planet solutions in Colombia, Ecuador, and Panama, providing end-to-end support for implementation and technical assistance.
Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, statements regarding Planet's product development and performance and its future execution and performance under contracts. Planet's expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties, including those detailed in Planet's filings with the Securities and Exchange Commission. Planet does not undertake an obligation to update its forward-looking statements to reflect future events, except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250717149785/en/
Planet Press
Rachel Cassells
[email protected]
Planet Investor Relations
Cleo Palmer-Poroner
[email protected]