Planet Labs Pbc Stock Price, News & Analysis

Planet (NYSE:PL) will host an Investor Day in New York on Thursday, October 16, 2025, starting at 9:00 a.m. ET / 6:00 a.m. PT. Leadership sessions will include Will Marshall (Co‑Founder & CEO), Charlie Candy (Chief Revenue Officer), Robbie Schingler (Co‑Founder & Chief Strategy Officer), and Ashley Johnson (President & CFO).

The event will be accessible virtually; investors can view or register via the company’s investor relations site. A recording will be posted on the Investor Relations website shortly after the event.

Planet (NYSE: PL) was awarded a $7.5 million contract renewal with the US Navy via Planet Labs Federal for vessel detection and monitoring across key Pacific areas on October 7, 2025. The work integrates daily, global PlanetScope data and high-resolution SkySat imagery into the Department of Transportation’s SeaVision maritime situational awareness platform and leverages SynMax’s AI Theia analytics for vessel detections.

The system provides near real-time broad-area monitoring across millions of square kilometers, high-resolution follow-up of critical events, detection of potential “dark vessels” versus AIS, and shareable intelligence for SeaVision users and regional partners.

Planet (NYSE: PL) and VITO announced on October 6, 2025 an extension of their long-term partnership to accelerate Earth observation solutions for agriculture, global monitoring and environmental resilience. The collaboration will integrate Planet’s near-daily, global PlanetScope archive, Fusion, Analysis-Ready PlanetScope products and Planetary Variables with VITO’s analytics and service platforms.

Partners will co-develop user-centric products, offer state-of-the-art habitat maps from Planet’s high-resolution data, and deliver faster, actionable insights to public and private stakeholders to support biodiversity assessment and data-driven decisions.

Planet Labs (NYSE: PL) has shipped Pelican-5, Pelican-6 satellites and 36 SuperDoves of Flock 4H to Vandenberg Space Force Base for launch on SpaceX's Transporter-15 Rideshare mission. The first-generation Pelican satellites feature 50 cm imagery capability across 6 multispectral bands and are equipped with NVIDIA Jetson AI for on-orbit processing.

This expansion follows the successful launches of Pelicans 2, 3, and 4 earlier this year. Planet aims to enhance the Pelican fleet to achieve 30 cm resolution, reduced latency, and up to 30 daily revisits. The additional SuperDoves will strengthen Planet's daily PlanetScope monitoring capabilities, particularly in Maritime Domain Awareness and Global Monitoring Service.

Planet Labs (NYSE:PL) has announced plans to establish a new satellite manufacturing facility in Berlin, Germany, marking a significant expansion of its European operations. The company will manufacture next-generation Pelican satellites at the facility, with an investment exceeding 8 figures.

The expansion will add up to 70 new jobs to Planet's existing team of 150 in Berlin, effectively doubling the company's Pelican fleet production capacity. This strategic move follows recent agreements including a €240 million multi-year contract with the German government and a key NATO contract, strengthening Planet's position in Europe's space sector.

Planet Labs (NYSE: PL) has announced the general availability of its Tanager-1 satellite data products on the one-year anniversary of the satellite's first light images. The hyperspectral satellite, developed in partnership with Carbon Mapper and NASA JPL, has collected over 69,000 data points covering 31 million square kilometers globally and detected over 5,500 methane plumes across 3,200 sources.

The new offerings include Tanager core imagery products and a Methane Quicklook product. Planet is launching a Methane Monitoring subscription service focusing on the Permian Basin and Denver-Julesburg Basin regions. Tanager-1's capabilities include 400+ spectral bands with 30-meter spatial resolution, supporting applications in mineral mapping, biodiversity assessment, agricultural management, and methane leak detection.

Planet (NYSE:PL) has successfully closed an upsized offering of $460 million in Convertible Senior Notes due 2030, which includes the full exercise of the initial purchasers' $60 million option. The notes feature a 0.50% interest rate and a five-year maturity, with an initial conversion price of $11.95 per share, representing a 32.5% premium above the closing price of $9.02.

The company implemented capped call transactions to increase the effective conversion price to $18.04 per share (200% of the closing price), designed to reduce potential dilution. Planet maintains flexibility to settle conversions in cash, stock, or a combination thereof. CFO Ashley Johnson highlighted this strategic financing as strengthening the company's balance sheet while minimizing shareholder dilution.

Planet Labs (NYSE: PL) has released the first light images from its Pelican-3 satellite, showcasing views of Turin, Italy captured on September 5, 2025, from a 458 km altitude. The satellite, along with Pelican-4, was launched on SpaceX's Falcon 9 NAOS mission on August 26, 2025.

The Pelican constellation now includes four satellites, offering high-resolution imagery across 6 multispectral bands with up to 40 cm class resolution. The satellites feature NVIDIA Jetson AI chips for on-orbit computing. Planet plans to launch next-generation Pelican satellites starting next year, aiming to achieve 30 cm imagery resolution.

Planet Labs Germany GmbH (NYSE:PL) has announced the final agenda and speaker lineup for its upcoming 'Planet On The Road' event in Berlin on September 24, 2025. The event will feature keynotes, panel discussions, and fireside chats focused on Earth observation applications across various industries.

Key speakers include Planet executives Will Marshall (CEO) and Ashley Johnson (President & CFO), alongside industry leaders from Bayer, EFTAS, Bellingcat, and various European institutions. The program covers topics ranging from agricultural applications and disaster management to AI innovations and space policy, with a particular focus on European space initiatives.