How does Planet Labs make money?
How does Planet make money? Planet is a data company. We offer subscription services to our imagery and imagery products. Our licensed imagery products include global, daily 3-5 meter per pixel resolution imagery as well as taskable rapid revisit 50cm pixel resolution imagery.
Who owns planetcom?
“Planet is a data company … we’re a mature business and have a massive new and unique data set of our 190 satellites, the largest Earth imaging fleet ever, and more than 10 times anyone else,” Planet co-founder and CEO Will Marshall told CNBC. Shares of DMYQ rose 1.7% in trading to close at $9.97.
Who are Planet Labs competitors?
Planet Labs’s top competitors include Maxar Intelligence, EarthDaily Analytics, Orbital Insight, Millennium Engineering and Integration, Astro Digital, BlackSky Technology, Space Dynamics Laboratory and Zhuhai Orbita Aerospace Science & Technology.
Are Planet Labs profitable?
At $31.7 million in revenue in the third quarter of fiscal year 2022 (period ended Oct. 31), Planet Labs’ relationships with its customers are lucrative: The company averages almost $43,000 in quarterly revenue per customer.
Does Google use Planet Labs?
Satellite operator Planet Labs is beefing up its existing partnership with Google Cloud. Under a new agreement, Planet customers can use Google Cloud to store and process data, and access Google’s other products such as its data analytics warehouse BigQuery.
Are Planet Labs free?
Researchers interested in reducing and reversing the loss of tropical forests can now access a free, exclusive dataset to combat climate change and conserve biodiversity. University researchers, academics, and scientists can apply for access to Planet’s Education and Research Program for deeper discoveries.
How much of Planet Labs does Google own?
Currently, Google is a major strategic investor of Planet owning over 10% of its shares. 2021 has seen many earth observation companies pursue listing through SPACs, including BlackSky (SFTW), Spire (NSH), and Satellogic (CFV).
Is Planet Labs a publicly traded company?
Satellite imagery and geospatial data provider Planet Labs began trading on the New York Stock Exchange Wednesday after completion of its merger with special purpose acquisition company dMY Technology Group and registered the combined entity as a public benefit corporation.
Is planet a public company?
Recently IPO’ed Earth-imaging satellite company Planet Labs PBC (NYSE:PL) made its first earnings report as a public company last night — and it was kind of a disaster. As of 11:30 a.m. ET, shares of Planet are down a staggering 18.5%.
Is Planet Labs a good company?
Lowest Ratings. Across the 18 core culture metrics, Planet Labs is rated a D- by the 22 employees that have left culture ratings. This being said, Planet Labs does not score as highly for Professional Development or CEO Rating.
Is Planet going public?
Satellite imagery company Planet goes public, with $300 million ‘war chest’ after SPAC deal. Planet trades under the ticker PL, with shares previously listed under the special purpose acquisition company dMY Technology Group IV.
Is Planet Labs publicly traded?
Planet Labs (NYSE:PL) stock, the recent space special purpose acquisition company (SPAC) IPO that operates a constellation of 200 Earth-imaging satellites in orbit… kind of went into orbit itself today. As of 12:30 p.m. ET, Planet Labs shares are up a solid 20%. And you can thank Goldman Sachs for that.