PL

Planet Labs PBC operates the largest fleet of Earth-imaging satellites, providing daily global data and insights to commercial, government, and civil customers. Headquartered in San Francisco, California, the company was founded in 2010 and went public through a SPAC merger in December 2021. Planet operates over 200 active satellites in low Earth orbit, capturing imagery of the entire Earth's landmass daily through its PlanetScope constellation, while its higher-resolution SkySat fleet provides sub-meter imagery and video capabilities. The company serves approximately 1,000 customers across agriculture, forestry, government intelligence, mapping, and environmental monitoring sectors. In 2021, Planet acquired VanderSat, a Dutch provider of satellite-based environmental data, expanding its analytics capabilities beyond imagery. The company's business model centers on subscription-based access to its satellite data platform, offering both imagery feeds and derived analytics products. Planet generates revenue primarily through multi-year contracts with government agencies and commercial enterprises seeking regularly updated geospatial intelligence. The company employs over 600 people globally and maintains ground stations worldwide to downlink and process satellite data. As of recent filings, Planet reported annual revenue exceeding $130 million, though it continues to operate at a loss while investing in constellation expansion and product development to strengthen its market position in the growing commercial Earth observation industry.