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 (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.
Planet (NYSE: PL) and NVIDIA are collaborating to build a GPU-native AI engine to accelerate satellite imagery processing, applying NVIDIA Blackwell, IGX Thor, CUDA, and CorrDiff to turn raw pixels into analysis-ready insights in seconds rather than hours. Planet plans in-orbit GPU integration on Pelican and Owl satellites to enable real-time, physics-informed super-resolution and global AI embeddings for intelligent search.
Planet (NYSE: PL) was selected as a prime contractor on March 3, 2026 under the Missile Defense Agency's SHIELD indefinite-delivery/indefinite-quantity contract vehicle. The SHIELD IDIQ has a ceiling of $151 billion, enabling rapid delivery of capabilities to the warfighter.
Planet intends to expand its government work by applying its global monitoring services and maritime domain awareness solutions, building on prior engagements with DIU, NGA, NRO, US Navy, and NATO for AI-enabled detections and warnings.
Planet (NYSE: PL) announced formation of two advisory bodies on February 13, 2026: a European Advisory Board and a Defense and Intelligence (D&I) Advisory Board. Both groups include senior former government, diplomatic and military leaders to guide Europe-focused strategy and national security offerings.
Inaugural members include Carl Bildt, Neelie Kroes, David Miliband, Oleksii Reznikov, Thomas Zurbuchen, Jeremy Fleming, Michèle Flournoy, and Gen. Tod Wolters.
Planet (PL) and AXA Digital Commercial Platform (AXA DCP) formed a strategic partnership on February 12, 2026 to integrate Planet’s high-frequency satellite imagery and Basemaps into AXA DCP’s AI risk-management platform.
The integration aims to improve near-real-time monitoring, prediction, and response for floods, wildfires, hurricanes, and other disasters, providing a "ground truth" environmental intelligence layer for preventative action.
Planet (NYSE: PL) will participate in investor events on February 18–19, 2026 with Robert Cardillo, Chief Strategist and Chairman of the Board of Planet Federal, delivering a keynote and a fireside chat.
Cardillo will speak at Barclays’ 43rd Annual Industrial Select Conference on Feb 18 at 12:10 p.m. ET and at Citi’s 2026 Global Industrial Tech and Mobility Conference on Feb 19 at 11:20 a.m. ET. Both events will be webcast and available for replay at investors.planet.com/events-and-presentations.
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Planet (NYSE:PL) announced an enterprise agreement with the Surveying and Mapping Authority of the Republic of Slovenia (GURS) to provide countrywide access to high-cadence PlanetScope imagery and high-resolution tasking for Slovenia's civil public administration.
The data will create a unified spatial data resource to support systematic monitoring of forests and agriculture, urban and infrastructure planning, and faster detection and response for wildfires, droughts, and floods. Planet's Ljubljana office, established after the 2023 Sinergise acquisition, will serve as a regional operations hub.