4 - Planet Labs PBC (0001836833) (Issuer)

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. Luno B will provide the national security community with timely access to high-quality commercial GEOINT. The contract will enable NGA to lead the GEOINT enterprise in applying GEOINT artificial intelligence, while delivering decision advantage to our warfighters, policy makers, and mission partners. Through this IDIQ contract, GEOINT users will have access to data and analytic services that add new context to analytic assessments by characterizing worldwide economic, environmental, and geo-politi

Planet Labs PBC (NYSE:PL), 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. "I'm very excited to welcome Gen. Raymond to our board of directors," said Will Marshall, Co-Founder, Chief Executive Officer and Chairperson of Planet. "His many years of experience leading space operations at our highest levels of government are invaluable, particularly as we continue to expand our work with the public sector both in the U.S. and internationally. He is a global expert on spac

Planet Labs PBC (NYSE:PL), 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250114153564/en/Pelican-2 rendering. (Graphic: Business Wire) Pelican-2 joins Pelican-1 (a smallsat platform tech demonstration launched last year) as part of Planet's next-generation, high

Planet Labs PBC (NYSE:PL), 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113699717/en/Pelican-2 satellite rendering. © 2024 Planet Labs PBC. All Rights Reserved. This Pelican satellite is designed to pr

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that Ashley Johnson, President and Chief Financial Officer, will participate in a fireside chat at the 27th Annual Needham Growth Conference on January 14th, 2025, at 3:00 p.m. Eastern Time. The discussion will be hosted by Ryan Koontz, Managing Director & Senior Equity Research Analyst at Needham & Company. The company will also be available for 1x1 meetings with investors. If interested in attending this event or scheduling a meeting with management, we recommend reaching out to your contact at Needham to learn more. The fireside chat will be webcast and accessible at Planet's Investo

Pelican-2 Is Equipped with the NVIDIA Jetson Platform and NASA CSP Satellite-to-Satellite Communications to Speed Data Delivery for Customers Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, today announced that its latest high-resolution satellite Pelican-2 and 36 SuperDoves have arrived at Vandenberg Space Force Base on December 9, in preparation for liftoff in early 2025 on board the Transporter-12 Rideshare mission with SpaceX. Pelican-2 joins Pelican-1 (a smallsat platform tech demonstration launched last year) as part of Planet's next-generation, high-resolution fleet, to support and expand its existing SkySat capabilities. This press release features

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that they have expanded their contract with Colombia's National Police. Leveraging Planet's satellite data, the Colombian National Police monitors and works to eradicate illicit crop growth and harvest in near-real time. This contract specifically supports the Antinarcotics Directorate of the Colombian National Police (DIRAN). DIRAN uses aerial intelligence information, including Planet satellite data, to monitor and respond to the growth of illicit crops. With satellite data, DIRAN tracks crops, monitors their health and growth, and intervenes when they identify illegal cultivation activ

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year, seven-figure deal with Laconic, a company leading a global shift in climate finance, empowering governments to monetize natural carbon assets through its Sovereign Carbon securitization platform. For the next three years, Laconic will be receiving both Planet's 3 meter Forest Carbon Monitoring product and its 30 meter Forest Carbon product. Laconic operates the data management and interchange platform, SADAR Natural Capital Monetization, which provides the structured data, real-time tracking, and AI-powered verification required for carbon securities to

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that Robert Cardillo, Chief Strategist and Chairman of the Board of Planet Federal, will participate in a fireside chat at the Goldman Sachs Industrials & Materials Conference on December 5th, 2024, at 9:20 a.m. Eastern Time. The discussion will be hosted by Noah Poponak, Managing Director and U.S. Aerospace & Defense Equity Research Analyst at Goldman Sachs. The company will also be available for 1x1 meetings with investors. As the Chief Strategist and Chairman of Planet Federal, Robert is responsible for supporting strategic decision-making for future products and services, driving mean

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced a new contract with Global Fishing Watch, an international nonprofit dedicated to advancing ocean governance through increased transparency of human activity at sea. The 6-figure deal is an expansion of the organization's ongoing agreement with Planet, and will allow Global Fishing Watch to fully leverage PlanetScope data and Machine Learning (ML) to improve ocean stewardship and foster greater compliance and accountability across all maritime sectors. The new contract represents a significant expansion of Global Fishing Watch's PlanetScope monitoring coverage, providing 3-meter optical i

Cantor Fitzgerald initiated coverage of Planet Labs with a rating of Overweight and set a new price target of $6.30

Needham reiterated coverage of Planet Labs with a rating of Buy and set a new price target of $5.00 from $7.00 previously

Craig Hallum downgraded Planet Labs from Buy to Hold

JMP Securities initiated coverage of Planet Labs with a rating of Mkt Outperform and set a new price target of $5.50

Citigroup initiated coverage of Planet Labs with a rating of Buy and set a new price target of $6.00

Morgan Stanley initiated coverage of Planet Labs with a rating of Equal-Weight and set a new price target of $6.00

Deutsche Bank initiated coverage of Planet Labs with a rating of Buy and set a new price target of $7.00

Needham reiterated coverage of Planet Labs with a rating of Buy and set a new price target of $8.00 from $10.50 previously

Needham initiated coverage of Planet Labs with a rating of Buy and set a new price target of $10.50

Goldman Sachs initiated coverage of Planet Labs with a rating of Buy and set a new price target of $11.00

Planet Labs PBC (NYSE:PL), 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. "I'm very excited to welcome Gen. Raymond to our board of directors," said Will Marshall, Co-Founder, Chief Executive Officer and Chairperson of Planet. "His many years of experience leading space operations at our highest levels of government are invaluable, particularly as we continue to expand our work with the public sector both in the U.S. and internationally. He is a global expert on spac

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, announced Susan Wojcicki has been appointed to Planet's Board of Directors. With over two decades of leadership experience in the technology industry helping to scale disruptive companies, Planet believes Ms. Wojcicki is uniquely positioned to support the Company's continued growth and scalability across markets as an independent director. Susan was voted in at Planet's Annual General Meeting on July 11. This is the company's second board addition since going public in December 2021, following Kristen Robinson's appointment in November 2022. "Susan has an incredibly impressive career scaling technology

Team includes C-level executives from industries including finance, real estate, food, and philanthropy LOS ANGELES, March 14, 2024 /PRNewswire/ -- Today, the Goldhirsh Foundation announced its new all-female investment committee—believed to be the first such investment committee at an organization of its size and scope. The committee members are: Shana Barghouti, Natasha Case, Celestine Schnugg, and Ruth Wernig. This new, all-female, investment committee is believed to be the first such at an organization of this size and scope.The quartet of executives have experience at org

Laura Malinasky's background in leading international companies' legal functions through periods of expansion will enhance Scribd's global operations SAN FRANCISCO, April 21, 2022 /PRNewswire/ -- Scribd, the reading subscription service that offers access to millions of ebooks, audiobooks, magazines, podcasts, and more, today announced the appointment of Laura Malinasky to its newly created role of Chief Legal Officer and General Counsel. Malinasky was selected due to her strong background in leading the legal functions of technology companies that have undergone incredible growth, unlocked capital, and transitioned into the public space.  

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Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal third quarter 2025 financial results for the quarter that ended October 31, 2024, after market close on Monday, December 9, 2024. Planet's management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day. Planet invites you to listen to the conference call, which will be webcast live at Planet's Investor Relations website (investors.planet.com). The webcast will be archived on this website and available for replay approximately two hours after the completion of the event. If you wou

Delivers Record Quarterly Revenue of $61.1 Million, up 14% Year-over-Year Expands GAAP Gross Margin to 53% and Non-GAAP Gross Margin to 58% Launched 36 SuperDove Satellites and First Tanager Hyperspectral Satellite Planet Labs PBC (NYSE:PL) ("Planet" or the "Company"), a leading provider of daily data and insights about Earth, today announced financial results for the period ended July 31, 2024. "During the second quarter, we saw continued strength with government customers, especially in the Defense & Intelligence sector where revenue grew over 30% year-over-year and we saw continued demand for our broad area monitoring solution paired with AI," said Will Marshall, Planet's Co-Founder,

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal second quarter 2025 financial results for the quarter that ended July 31, 2024, after market close on Thursday, September 5, 2024. Planet's management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day. Planet invites you to listen to the conference call, which will be webcast live at Planet's Investor Relations website (investors.planet.com). The webcast will be archived on this website and available for replay approximately two hours after the completion of the event. If you wo

Delivers Record Quarterly Revenue of $60.4 Million, up 15% Year-over-Year Launches Planet Insights Platform to Unlock the Power of Earth Observation Data Tanager-1 Satellite Arrives at Vandenberg Space Force Base for Upcoming Launch Planet Labs PBC (NYSE:PL) ("Planet" or the "Company"), a leading provider of daily data and insights about Earth, today announced financial results for the period ended April 30, 2024. "Planet delivered a solid quarter to start the year. Growth was driven by the government sector where we are seeing increased demand for our data, particularly when enhanced by AI-based partner solutions. We also launched the Planet Insights Platform to empower an ecosystem of

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal first quarter 2025 financial results for the quarter that ended April 30, 2024, after market close on Thursday, June 6, 2024. Planet's management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day. Planet invites you to listen to the conference call, which will be webcast live at Planet's Investor Relations website (investors.planet.com). The webcast will be archived on this website and available for replay approximately two hours after the completion of the event. If you would l

Delivers Record Full Year Revenue of $220.7 Million, up 15% Year-over-Year Surpasses One Thousand Customers in Fourth Quarter FY'24 Planet Labs PBC (NYSE:PL) ("Planet" or the "Company"), a leading provider of daily data and insights about Earth, today announced financial results for the period ended January 31, 2024. "Planet delivered a solid fourth quarter to cap off the year. We saw strong demand in the government sector and an evolution toward selling solutions alongside our data, enabled by the revolution happening in AI. We are prioritizing investment behind these trends to capture the opportunity," said Will Marshall, Planet's Co-Founder, Chief Executive Officer and Chairperson. "

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal fourth quarter and full year 2024 financial results for the year that ended January 31, 2024, after market close on Thursday, March 28, 2024. Planet's management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day. Planet invites you to listen to the conference call, which will be webcast live at Planet's Investor Relations website (investors.planet.com). The webcast will be archived on this website and available for replay approximately two hours after the completion of the event

Delivers Record Quarterly Revenue of $55.4 Million Launched 36 SuperDove Satellites and First Pelican Tech Demo Satellite Released Groundbreaking Global Forest Carbon Product Planet Labs PBC (NYSE:PL) ("Planet" or the "Company"), a leading provider of daily data and insights about Earth, today announced financial results for the period ended October 31, 2023, that demonstrated continued growth and momentum of its unique data subscription business. "Growth in the third quarter was driven by strength in the Civil Government and Defense & Intelligence markets," said Will Marshall, Planet's Co-Founder, Chief Executive Officer and Chairperson. "We focused on sharpening our go-to-market execu

Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal third quarter 2024 financial results for the quarter that ended October 31, 2023, after market close on Thursday, December 7, 2023. Planet's management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day. Planet invites you to listen to the conference call, which will be webcast live at Planet's Investor Relations website (investors.planet.com). The webcast will be archived on this website and available for replay approximately two hours after the completion of the event. If you w

Delivers Record Quarterly Revenue of $53.8 Million Announced Completion of Acquisition of Sinergise Planet Labs PBC (NYSE:PL) ("Planet" or the "Company"), a leading provider of daily data and insights about Earth, today announced financial results for its fiscal second quarter for the period ended July 31, 2023 that demonstrated continued growth and momentum of its unique data subscription business. "This quarter was one of increasing focus and operational efficiency. Revenue for the second quarter of fiscal 2024 was in line with our expectations, while gross margin and Adjusted EBITDA outperformed for the quarter," said Will Marshall, Planet's Co-Founder, Chief Executive Officer and

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