PL.W

Planet Labs PBC operates the largest commercial fleet of Earth observation satellites, providing daily global imagery and geospatial data to customers across agriculture, government, defense, and commercial sectors. Headquartered in San Francisco, California, the company was founded in 2010 and went public via SPAC merger in December 2021. Planet maintains a constellation of over 200 active satellites, including its Dove, SkySat, and Pelican imaging satellites, which capture imagery of Earth's landmass daily at resolutions ranging from 3 to 0.5 meters. The company generates revenue through subscription-based access to its imaging platform and analytics services, serving more than 900 customers including government agencies, agricultural enterprises, and technology companies. In 2021, Planet acquired VanderSat, a provider of satellite-based soil moisture and vegetation data, strengthening its analytics capabilities for the agriculture sector. The company employs approximately 600 people globally and operates mission control centers in the United States and Germany. Planet differentiates itself through rapid satellite refresh cycles, high-frequency imaging capabilities, and integrated machine learning tools that help customers monitor changes, track assets, and make data-driven decisions. The company reported annual revenue of approximately $180 million for fiscal year 2023, with continued investments in expanding its satellite constellation and developing advanced analytics products.