PL · Planet Labs PBC

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the successful launch of three additional Pelican satellites, one of which is the first satellite to orbit as part of the recently-announced satellite services agreement with the Swedish Armed Forces (SwAF). The spacecraft were launched to orbit aboard the CAS500-2 rideshare mission with SpaceX from Vandenberg Space Force Base in California. Planet has begun the commissioning process for the three satellites after successfully making initial contact. The launch of the SwAF Pelican marks a milestone in agile aerospace, with Planet delivering a sovereign orbital capability just over four months after the contract was signed. This mission transitions Sweden into an operational space power, providing the high-resolution, global monitoring necessary to detect threats in strategic regions like the Arctic. By reaching orbit years ahead of their original 2030 goal, the Swedish

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced its plans to design a specialized version of the Tanager spacecraft. Together with Carbon Mapper, and with support from the Jet Propulsion Laboratory (JPL), Planet plans to architect this cutting-edge spacecraft as a specialized iteration of Tanager, designed to solely target shortwave infrared (SWIR) light, and to capture five times the area coverage of the other Tanager satellites. While Tanager-1 remains the premier solution for broad-spectrum environmental insights—from geologic mineralogy to agricultural applications—the SWIR-only Tanager introduces an additive, specialized architecture that will be designed to push the limits of methane and trace gas detection sensitivity. This SWIR-only version of Tanager will leverage the Carbon Mapper-led Advanced Emissions Monitoring Imaging Spectrometer (AEMIS) airborne system in partnership with JPL, which optimizes performance

Using NVIDIA Jetson, Planet achieves AI-powered object detection on its Pelican satellite Following the announcement of a strategic initiative with NVIDIA , Planet Labs PBC (NYSE: PL) announced a landmark technical achievement: the successful deployment and execution of AI-driven object detection directly onboard its Pelican-4 satellite, paving the way toward on-orbit compute for rapid insights, a capability Planet calls Planetary Intelligence . Imagery captured by Pelican-4 on March 25, 2026 over Alice Springs, Australia, demonstrating the first successful deployment and execution of AI-driven object detection directly onboard Planet spacecraft. This first detection has an 80% detection accuracy on raw imagery. Work is underway to improve model precision and recall as Planet refines its models. On March 25th, 500km over Alice Springs, Australia, Planet’s Pelican-4 captured an image of an airport, then successfully utilized its onboard NVIDIA Jetson Orin module to run an AI model to

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the shipment of three Pelican satellites to Vandenberg Space Force Base in California ahead of their launch aboard the upcoming CAS500/2 rideshare mission with SpaceX. By launching these satellites to orbit, Planet will further expand the Pelican fleet’s industry-leading capabilities and rapid revisit rate, providing high-resolution, AI-enabled solutions to its customers around the world. One of Planet's latest Pelican satellites, photographed at its headquarters in San Francisco, ahead of their departure to Vandenberg Space Force Base in California. “Kicking off our first Pelican launch of 2026 demonstrates the pace at which we’re scaling our most advanced constellation to date, with higher resolution, faster repeat rates, and lower latency,” said Will Marshall, Co-Founder and CEO of Planet. “By integrating the NVIDIA Jetson platform directly onboard, we are effectively

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that the Company will redeem all of its outstanding public warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”), that were issued under the Warrant Agreement, dated March 4, 2021 (the “Warrant Agreement”), by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), as part of the units sold in the Company’s initial public offering (the “IPO”), for a redemption price of $0.01 per Public Warrant (the “Redemption Price”), that remain outstanding at 5:00 p.m. New York City time on April 27, 2026 (the “Redemption Date”). Under the terms of the Warrant Agreement, the Company is entitled to redeem all of the outstanding Public Warrants if the last sales price of the Class A common stock is at least $18.00 per share on any twenty trading

Recruitment phase marks the next milestone in Planet’s long-term investment in Germany, strengthening Europe’s sovereign space capabilities and industrial ecosystem Planet Labs Germany , a leading provider of daily data and insights about change on Earth, today announced it has begun recruiting highly-skilled German talent to operationalize its upcoming satellite manufacturing facility in Berlin. This recruitment phase marks an important milestone in Planet’s strategic expansion of its European manufacturing footprint. Planet builds and operates the largest fleet of commercial Earth observation satellites in history. The Berlin facility will double the production capacity of its next-generation, high-resolution Pelican fleet, while reinforcing Germany’s role as a hub for advanced aerospace engineering and strengthening Europe’s access to sovereign, AI-enabled Earth observation capabilities. These positions include high-level leadership and specialized technical roles essential to the

Delivered Record Annual Revenue of $308 Million Increased RPOs +106% YoY to $852 Million; Backlog +79% YoY to over $900 Million Generated $134 Million of Net Cash Provided by Operating Activities and $53 Million Free Cash Flow in FY26 End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 188% YoY to $640 Million Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about change on Earth, today announced financial results for the period ended January 31, 2026. “Planet had a transformational year driven by strong momentum in satellite services, including most recently with Sweden, as well as launching 40 satellites, and inking an R&D partnership with Google to explore data centers in space,” said Will Marshall, Planet’s Co-Founder, Chief Executive Officer and Chairperson. “We delivered record revenue, with Q4 growing 41% year-on-year, and ended the year with $900

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced its initiative to revolutionize how satellite imagery is processed, enhanced, and analyzed. Planet and NVIDIA are collaborating on ways to adopt GPUs to accelerate processing imagery and delivering insights. Planet is leveraging NVIDIA’s Blackwell and NVIDIA IGX Thor platforms to transform raw pixels into analysis-ready insights in a few seconds instead of hours. “Planet is solving a massive, planetary-scale data problem by imaging the Earth every single day,” said Will Marshall, Co-founder and CEO of Planet. “The traditional methods of batch processing on legacy CPUs can no longer scale with the speed of global change. By developing a GPU-native AI engine, we are unlocking the full potential of our petabyte-scale archive, delivering orders of magnitude speed improvements and physics-informed generative AI products that were previously impossible. It’s cost-efficient,