Welcome to our dedicated page for Planet Labs Pbc news (Ticker: PL), a resource for investors and traders seeking the latest updates and insights on Planet Labs Pbc stock.
Planet Labs PBC (NYSE: PL) is an Earth-imaging and geospatial data company that regularly issues news about its satellite launches, government contracts, AI-enabled solutions, and financial performance. As a provider of global, daily satellite imagery and geospatial solutions, Planet’s announcements often highlight developments across its SuperDove monitoring fleet, high-resolution Pelican constellation, and planned Owl next-generation monitoring satellites.
Investors and analysts following Planet Labs PBC can use this news feed to review updates on satellite deployments, such as the launch of Pelican-5 and Pelican-6 and dozens of SuperDoves on SpaceX rideshare missions, as well as first light imagery from newly commissioned spacecraft. The company’s releases also describe AI capabilities on board its satellites and initiatives to explore AI computing in space through projects that involve advanced processors.
Planet frequently reports on contracts and partnerships with government and commercial customers. Recent examples include a multi-year low 9-figure satellite services agreement with the Swedish Armed Forces, an 8-figure contract renewal with an international defense and intelligence customer, awards from the National Geospatial-Intelligence Agency and the U.S. Navy, and contracts with organizations such as NASA, the National Reconnaissance Office, NATO, AXA Digital Commercial Platform, and the Tennessee Department of Environment and Conservation.
In addition, Planet’s news covers financial results, including quarterly earnings releases, metrics such as recurring contract value and backlog, and capital markets activities like convertible note offerings. Readers can also find announcements about acquisitions, such as the purchase of Bedrock Research, and strategic partnerships, including collaborations with Quantum Systems and Google. This page brings together these updates so users can track Planet’s operational progress, customer relationships, and technology roadmap over time.
Planet (NYSE:PL) will release fiscal Q1 2027 results for the quarter ended April 30, 2026, after market close on Thursday, June 4, 2026. Management will host a conference call and live webcast at 5:00 p.m. ET / 2:00 p.m. PT, with a replay available about two hours after the event.
Investors can pre-register for the webcast at the provided registration link and access the archived webcast on Planet's Investor Relations website.
Planet (PL) signed a 2-year, 7-figure agreement with the Greek government via the European Space Agency to support Greece’s National Satellite Space Project.
The contract provides near-daily medium-resolution imagery, high-resolution tasking, and access to over a decade of PlanetScope data and Professional Services to support land, agriculture, disaster response, forest and water monitoring, and national workflows. Funding comes from the Recovery and Resilience Fund Greece 2.0.
Planet (NYSE: PL) completed redemption of its public warrants on April 27, 2026, redeeming remaining unexercised warrants at $0.01 each. Of 9,162,223 public warrants outstanding, 9,090,913 were exercised for cash at $11.50 per share, producing aggregate cash proceeds of $104.5 million.
After redemption and exercises, no public warrants remain outstanding; Class A shares continue trading under PL.
Planet (NYSE: PL) launched three additional Pelican satellites on May 3, 2026, aboard a CAS500-2 rideshare with SpaceX and has begun commissioning after initial contact.
One satellite is the first deployed under a satellite services agreement with the Swedish Armed Forces, delivered roughly four months after contract signing. Gen 1 Pelicans capture 50 cm class imagery across six multispectral bands and include NVIDIA Jetson for on-orbit AI processing; Planet plans more Gen 1 and first Gen 2 Pelican launches in 2026 targeting up to 30 cm resolution.
Planet (NYSE: PL) and Carbon Mapper, with JPL support, agreed to design a SWIR-only Tanager spacecraft optimized for methane and trace-gas detection. The SWIR Tanager aims for a 100 km swath at 30 m GSD, five times the area coverage of other Tanager satellites, and a possible launch as early as 2028.
Planet also intends to build at least three additional VNIR-SWIR Tanagers and at least one SWIR Tanager to increase revisit and area coverage for commercial and emissions-monitoring uses.
Planet (NYSE: PL) successfully executed AI-driven object detection onboard its Pelican-4 satellite on March 25, 2026, using an NVIDIA Jetson Orin module. The detection ran in orbit over Alice Springs, Australia, producing an 80% detection accuracy on raw imagery while Planet refines model precision and recall.
This milestone enables in-orbit GeoTIFF and GeoJSON output and aims to cut insight latency from hours to minutes, supporting Planet’s Planetary Intelligence and near-real-time Global Monitoring Service capabilities.
Planet (NYSE: PL) shipped three Gen 1 Pelican satellites to Vandenberg Space Force Base on April 6, 2026, ahead of a CAS500/2 rideshare launch with SpaceX. The Gen 1 Pelicans capture 50 cm-class multispectral imagery and include NVIDIA Jetson edge AI to reduce latency and speed delivery of near real-time answers. Planet plans additional Gen 1 and Gen 2 Pelican launches through 2026, with Gen 2 targeting up to 30 cm-class resolution to improve revisit rates and low-latency tasking.
Planet (NYSE: PL) announced redemption of all outstanding public warrants to purchase Class A common stock for a Redemption Price of $0.01 per warrant, effective at 5:00 p.m. New York City time on April 27, 2026. Holders may exercise warrants until the Redemption Date at an exercise price of $11.50 per share. Any unexercised warrants will be delisted, void and only entitled to the Redemption Price (street-name holders should follow the redemption notice). Contact Continental Stock Transfer & Trust Company for questions about redemption and exercise.
Planet (PL) has begun recruiting German talent to staff a new satellite manufacturing facility in Berlin, with hiring starting in 2026 and up to 70 new employees expected to join an existing Berlin team of about 150. The facility will double production capacity for Planet’s next-generation Pelican high-resolution satellite fleet and builds on Berlin’s role as Planet’s European headquarters and Mission Control for its global fleet of about 200 satellites. The expansion aims to strengthen Germany’s aerospace ecosystem and Europe’s sovereign, AI-enabled Earth observation capabilities.
Planet (NYSE: PL) reported record fiscal 2026 results: $307.7M revenue (FY), $86.8M Q4 revenue (41% YoY), $640.1M cash and equivalents, and $852M RPOs (+106% YoY). The company generated $134.4M operating cash and $52.9M free cash flow, while full‑year adjusted EBITDA was $15.5M.
Planet noted a FY GAAP net loss of ($246.9M) including warrant revaluation impacts, provided FY27 guidance of $415M–$440M revenue, and expects continued investment in satellite services and AI-enabled analytics.