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 reports news on its Earth-imaging satellite business, including global daily imagery, geospatial data products, and software-based insights for commercial and government customers. Recurring updates cover financial results, enterprise and government contracts, satellite services, and the use of PlanetScope imagery, high-resolution tasking, and professional services in monitoring workflows.
Company developments also include Pelican satellite launches, Tanager spacecraft initiatives, onboard AI and edge-computing capabilities, and capital-structure actions such as the completed redemption and delisting of public warrants while Class A common stock continues to trade under PL.
Planet Labs (NYSE: PL) and the Government of Rwanda launched a national satellite data program, Planet’s first of its kind in Africa. Managed by the Rwanda Space Agency, the program will provide Planet’s near-daily imagery to government agencies, public universities, selected startups, and strategic development partners.
The data will support agriculture and food security monitoring, forest health tracking, urban planning, and disaster planning and response. Universities will use the imagery for Earth Observation training and research, while eligible startups will leverage daily feeds to advance projects aligned with Rwanda’s national development priorities.
Planet (NYSE:PL) will release its fiscal second quarter 2027 financial results, for the quarter ended July 31, 2026, after market close on Thursday, September 3, 2026. Management will host a webcasted conference call at 5:00 p.m. ET / 2:00 p.m. PT the same day via Planet’s Investor Relations website.
Planet Labs (NYSE: PL) announced that Planet Labs Germany has been selected for a 7‑figure award from the Scottish Government’s Agricultural and Rural Economy Directorate. Under a one-year agreement, secured via reseller Computacenter, Planet will supply PlanetScope satellite data and advanced, AI-enabled analytics.
The services are intended to support Scotland’s Agricultural Reform Route Map by informing sustainable food production, biodiversity enhancement, and carbon emissions reduction. The collaboration, which runs through 2026, will explore continuous landscape monitoring to track ecological progress and expands Planet’s public-sector customer base across the United Kingdom.
Planet Labs (NYSE: PL) has opened a new office in central London through Planet Labs UK, establishing a national hub for AI and analytics partnerships and customer engagement. The Soho location is close to Westminster and Whitehall, supporting deeper interaction with UK policymakers and agencies including the MoD, DSIT, DBT and NATO representatives.
According to Planet, the UK team has grown to over 30 employees across leadership, engineering, sales and support, with plans to expand hiring from the country’s space, data science and AI communities. The London office joins a wider European network with headquarters and an upcoming satellite manufacturing facility in Berlin, additional offices in Haarlem, Ljubljana and Graz, and ground stations in the UK, Germany, Iceland and Norway that handle nearly 50% of Planet’s data downloads.
Planet Labs (NYSE: PL) announced the successful launch of Pelican-11, a technology demonstration satellite for its second-generation high-resolution Pelican fleet. Launched on SpaceX’s Transporter-17 from Vandenberg, the satellite is in orbit, initial contact is confirmed, and commissioning has begun.
Pelican-11 will validate new technologies for future Gen 2 Pelicans, designed for up to 30 cm class imagery, improving on Gen 1’s 50 cm class. As an engineering pathfinder, it supports Planet’s Agile Aerospace approach but is not expected to produce commercial data. Planet plans additional Pelican launches over the next year.
Planet (NYSE:PL) appointed Wolfgang Schmidt, former Head of the German Chancellery, to its European Advisory Board as it expands in Europe.
Schmidt’s governance and policy experience will support plans for a new advanced satellite manufacturing facility in Berlin, Planet’s planned European center for satellite production and a hub for New Space activity.
Planet (NYSE:PL) and Isar Aerospace signed a strategic launch agreement for a next-generation high-resolution Pelican satellite mission. The German-built satellite will launch on Isar's German-built Spectrum rocket from Andøya Space as early as late 2026.
The Pelican will be assembled at Planet’s new Berlin facility, part of an expansion that is expected to double Pelican production capacity and add up to 70 Berlin employees. Isar Aerospace is scaling its Munich-area factory to build up to 40 launch vehicles per year, supporting German and European sovereign space access.
Planet Labs (NYSE: PL) is highlighted within a sector-wide repricing of space stocks driven by the anticipated SpaceX IPO and new index inclusions. SpaceX is reported to target pricing near $135 per share, implying a valuation in the trillions and a potential raise of up to ~$75 billion.
Planet is described as a key Earth-observation and analytics player, representing the recurring-revenue, data-services layer of the orbital economy as investors gain new valuation benchmarks and broader exposure to space-related equities.
Planet (NYSE: PL) has joined Astroscale’s new Atmospheric Impact of Reentered Spacecraft (AIRS) initiative as a founding participant. This industry-academia collaboration with the University of Southampton will study chemical compounds released when satellites reenter and fragment in Earth’s atmosphere.
Planet will share non-proprietary manufacturing and material data from its large Earth observation fleet to support high-fidelity atmospheric models and evidence-based approaches to low Earth orbit (LEO) sustainability.
Planet (NYSE: PL) reported record Q1 FY2027 revenue of $94.2 million, up 42% year-over-year, with 99% recurring ACV. Remaining performance obligations rose 81% to $816 million and backlog 72% to over $906 million. Net loss was $138.9 million, including a $106.5 million warrant revaluation loss. Cash, cash equivalents and short-term investments grew 223% year-over-year to $730.8 million, aided by approximately $107.8 million of public warrant exercises. Q2 revenue is guided to $102–$107 million, and full-year FY2027 revenue to $425–$441 million, with adjusted EBITDA targeted between breakeven and a $10 million profit.