SkySat

Planet Awarded Contract for Vessel Detection and Monitoring by Naval Information Warfare Center (NIWC) Pacific

Retrieved on: 
Tuesday, March 5, 2024

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its fully owned subsidiary, Planet Labs Federal Inc., was awarded a seven-figure contract by the Naval Information Warfare Center (NIWC) Pacific for vessel detection and monitoring over key areas of interest throughout the Pacific.

Key Points: 
  • Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its fully owned subsidiary, Planet Labs Federal Inc., was awarded a seven-figure contract by the Naval Information Warfare Center (NIWC) Pacific for vessel detection and monitoring over key areas of interest throughout the Pacific.
  • The contract includes fusion of technology from SynMax, a longtime Planet partner, who will provide vessel detection using their analytics technology over Planet data.
  • Further, SynMax has applied a subset of its Theia technology to meet the unique requirements of the NIWC Pacific project.
  • “NIWC Pacific continually pushes the bounds of innovating and advancing unmatched and disruptive technology in support of their operations,” said Jon Powers, Planet Federal’s General Manager.

Global Remote Sensing Services Market Size to Surpass Around US$ 37.82 Billion 2030, Recording a CAGR of 11.8% | Report by CoherentMI

Retrieved on: 
Wednesday, January 17, 2024

The Global Remote Sensing Services Market is expected to experience significant growth due to the increasing demand for environmental monitoring.

Key Points: 
  • The Global Remote Sensing Services Market is expected to experience significant growth due to the increasing demand for environmental monitoring.
  • The Global Remote Sensing Services Market Size is anticipated to witness a CAGR of 11.8% during the forecast period 2023-2030, owing to the increasing demand for data acquisition and processing services.
  • Read complete market research report, " Global Remote Sensing Services Market Size And Share Analysis - Growth Trends And Forecasts (2023 - 2030) ", Published by CoherentMI.
  • Two key trends driving the Global Remote Sensing Services Market include the integration of artificial intelligence (AI) and the adoption of satellite-based remote sensing.

Global Remote Sensing Services Market Size to Surpass Around US$ 37.82 Billion 2030, Recording a CAGR of 11.8% | Report by CoherentMI

Retrieved on: 
Wednesday, January 17, 2024

The Global Remote Sensing Services Market is expected to experience significant growth due to the increasing demand for environmental monitoring.

Key Points: 
  • The Global Remote Sensing Services Market is expected to experience significant growth due to the increasing demand for environmental monitoring.
  • The Global Remote Sensing Services Market Size is anticipated to witness a CAGR of 11.8% during the forecast period 2023-2030, owing to the increasing demand for data acquisition and processing services.
  • Read complete market research report, " Global Remote Sensing Services Market Size And Share Analysis - Growth Trends And Forecasts (2023 - 2030) ", Published by CoherentMI.
  • Two key trends driving the Global Remote Sensing Services Market include the integration of artificial intelligence (AI) and the adoption of satellite-based remote sensing.

Planet Reports Financial Results for Third Quarter of Fiscal 2024

Retrieved on: 
Thursday, December 7, 2023

Third quarter gross margin was 47%, compared to 50% in the third quarter of fiscal year 2023.

Key Points: 
  • Third quarter gross margin was 47%, compared to 50% in the third quarter of fiscal year 2023.
  • Third quarter Non-GAAP Gross Margin(1) was 52%, compared to 54% in the third quarter of fiscal year 2023.
  • (1) Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein.
  • The actual amount of these expenses during the fourth quarter of fiscal year 2024 and fiscal year 2024 will have a significant impact on Planet’s future GAAP financial results.

Planet Launches First Pelican Tech Demonstration and 36 SuperDoves with SpaceX

Retrieved on: 
Saturday, November 11, 2023

The Planet team has successfully made contact with each satellite and started its commissioning process.

Key Points: 
  • The Planet team has successfully made contact with each satellite and started its commissioning process.
  • Over time, the Pelican constellation is expected to offer a more capable and cost-effective upgrade to the Company’s current high-resolution satellites, the SkySats.
  • These learnings will be critical to both the Pelican and Tanager missions.”
    Planet launches a number of SuperDoves each year in order to replenish its on-orbit medium resolution fleet with the latest technology and hardware.
  • The 36 SuperDoves launched today, Planet’s Flock 4Q, have started their automated commissioning process and are expected to begin collecting imagery in the coming days.

Planet to Launch Pelican Tech Demonstration and 36 SuperDoves with SpaceX

Retrieved on: 
Friday, November 10, 2023

SpaceX’s launch window will open at 10:49 a.m. PT and you can watch the launch live at this link .

Key Points: 
  • SpaceX’s launch window will open at 10:49 a.m. PT and you can watch the launch live at this link .
  • Designed and built in-house by Planet, Pelican-1 is a technology demonstration satellite whose mission objective is to validate the design and operations of Planet’s common bus platform.
  • This platform will host Planet’s next generation of imaging sensors, to be deployed as part of the Pelican and Tanager constellations.
  • Planet has launched over 500 of its flagship Dove-series satellites since 2013, capturing a rich archive of change on Earth.

Setton Farms Celebrates Record-Breaking Harvest and Launches New Website

Retrieved on: 
Friday, December 1, 2023

TERRA BELLA, Calif., Dec. 1, 2023 /PRNewswire-PRWeb/ -- Setton Pistachio of Terra Bella, Inc., the nation's second-largest pistachio grower and processor, is proud to announce a record-breaking yield and a revamped website with the start of the new crop year. For more information and to explore their new website, visit SettonFarms.com.

Key Points: 
  • "We have processed more pistachios than ever this year," said Setton Farms general manager Harris Lee Cohen.
  • Setton Farm's 2023 harvest, which concluded on Oct. 26, broke industry records by reaching 1.5 billion pounds.
  • "We have processed more pistachios than ever this year," said Setton Farms general manager Harris Lee Cohen.
  • "The new website perfectly portrays our family's passion and dedication to pistachios," notes Setton Farms COO Mia Cohen.

Planet’s Pelican Tech Demonstration Satellite Ready for Launch

Retrieved on: 
Tuesday, October 10, 2023

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Pelican tech demonstration satellite, Pelican-1, along with 36 SuperDoves, have arrived at Vandenberg Space Force Base in preparation for launch next month.

Key Points: 
  • Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Pelican tech demonstration satellite, Pelican-1, along with 36 SuperDoves, have arrived at Vandenberg Space Force Base in preparation for launch next month.
  • Pelican-1 is a technology demonstration, built to test Pelican’s integrated design and Planet’s common bus platform.
  • “The launch of our first Pelican tech demonstration marks an exciting milestone for us,” said Will Marshall, co-founder and CEO of Planet.
  • As the launch window nears, Planet, alongside its launch partner, will be sharing more details.

Planet Reports Financial Results for Second Quarter of Fiscal 2024

Retrieved on: 
Thursday, September 7, 2023

Second quarter gross margin was 49%, compared to 48% in the second quarter of fiscal year 2023.

Key Points: 
  • Second quarter gross margin was 49%, compared to 48% in the second quarter of fiscal year 2023.
  • Second quarter Non-GAAP Gross Margin(1) was 52%, compared to 52% in the second quarter of fiscal year 2023.
  • (1) Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein.
  • The actual amount of these expenses during the third quarter of fiscal year 2024 and fiscal year 2024 will have a significant impact on Planet’s future GAAP financial results.

Planet Completes Acquisition of Sinergise; Set to Expand Planet’s Earth Data Platform

Retrieved on: 
Monday, August 14, 2023

Earlier this month, Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, completed its previously announced acquisition of the business of Holding Sinergise d.o.o.

Key Points: 
  • Earlier this month, Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, completed its previously announced acquisition of the business of Holding Sinergise d.o.o.
  • (“ Sinergise ”), a leading developer platform for Earth observation (EO) data.
  • The purchase of the Sinergise business, based in Ljubljana, Slovenia, accelerates the advancement of Planet’s Earth Data Platform and ability to efficiently deliver EO data to customers.
  • This is aligned with Planet’s mission to enable easier access to geospatial data and the availability of Planetary Variables product line via Planet’s data APIs.