Planet Labs Pbc Stock Price, News & Analysis

Syngenta and Planet Labs PBC (NYSE: PL) have expanded their multi-year strategic partnership to provide farmers worldwide with near-daily satellite imagery access through Syngenta's Cropwise digital agriculture platform. The collaboration integrates Planet's 3-meter resolution satellite imagery from their Dove constellation, enabling farmers to monitor crop health, detect pests, and identify diseases remotely.

The partnership enhances Syngenta's digital offering with advanced remote sensing capabilities, including Variability Index, Productivity Zones, NemaDigital, and Anomaly Detection. Syngenta will gain expanded access to Planet's high-resolution tasking data, PlanetScope satellite data, and Planet Insights Platform to develop new broad area management applications and advance precision agriculture research.

The initiative aims to help farmers make data-driven decisions while maintaining control over their information through sophisticated AI and machine-learning algorithms, ultimately promoting sustainable farming practices and improved crop yields worldwide.

Planet Labs PBC (NYSE: PL) has announced a partnership with Anthropic to utilize their advanced AI model Claude for analyzing satellite imagery data. The collaboration aims to combine Planet's extensive daily Earth observation dataset with Claude's sophisticated pattern recognition and reasoning capabilities.

The partnership focuses on transforming how satellite data is processed and understood, enabling near real-time pattern recognition and anomaly detection at a global scale. The integration could benefit various sectors, from government surveillance and agricultural optimization to firefighting and conservation efforts.

The announcement follows Planet's AI Symposium, where experts discussed the convergence of AI and Earth observation data. Both Planet and Anthropic, as Public Benefit Companies, emphasize their commitment to responsible innovation and technical advancement in AI and satellite data analysis.

Ocean Ledger has secured a $900K pre-seed investment led by Ananda Impact Ventures and Silverstrand Capital to scale its coastal risk management solutions. The geospatial analytics startup leverages satellite imagery, machine learning, and site-level data to forecast coastal shoreline and environmental changes.

The company offers 13 in-house data products focusing on natural capital accounting and coastal erosion, providing high-resolution analytics for infrastructure assessment. Their solution addresses a critical market need, as climate-induced infrastructure losses could reach $4 trillion over the next 15 years, with 78% of insured catastrophe losses ($18.2 billion) in 2024 attributed to flooding.

Led by CEO Paige Roepers, along with coastal remote sensing expert Dr. Dimos Traganos and data scientist Dr. Jeremiah Nieves, Ocean Ledger has partnered with Planet Labs PBC (NYSE: PL) and is developing new insurance products, including long-term catastrophe bonds.

Planet Labs PBC (NYSE: PL) has announced an expanded multi-year enterprise license agreement with Bayer, enhancing their agricultural operations through satellite imagery and analytics. The agreement provides Bayer with access to Planet's suite of products including PlanetScope, Tasking, Fusion, Basemaps, and Planetary Variables.

The collaboration enables Bayer to make data-driven agronomic decisions using high-frequency, high-resolution imagery for improved field monitoring, trial oversight, and crop performance optimization. The partnership focuses on advancing regenerative agriculture and enhancing productivity through geospatial intelligence.

Through this expanded relationship, Bayer teams can integrate satellite insights into their workflows more efficiently, supporting the development of innovative solutions for climate-smart agriculture and supply chain resilience.

Planet Labs PBC (NYSE:PL) has announced it will release its fiscal fourth quarter and full year 2025 financial results after market close on Thursday, March 20, 2025. The results will cover the fiscal year ended January 31, 2025.

The company will host a conference call and webcast to discuss financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT on the same day. The webcast will be available on Planet's Investor Relations website and archived for replay approximately two hours after the event. Interested participants can pre-register for both the webcast and dial-in options through provided links.

Planet Labs PBC (NYSE: PL) has announced that Robert Cardillo, Chief Strategist and Chairman of Planet Federal, will participate in a fireside chat at Citi's 2025 Global Industrial Tech and Mobility Conference on February 19th, 2025, at 2:40 p.m. Eastern Time.

The discussion will be hosted by Jason Gursky, Managing Director & Equity Research Analyst at Citi. Cardillo, who serves on Planet Labs' Executive Team, brings significant experience from his role as former Director of the National Geospatial-Intelligence Agency (2014-2019) and his service delivering the President's Daily Brief to President Obama and Vice President Biden from 2010 to 2014.

The fireside chat will be accessible via webcast on Planet's Investor Relations webpage. Interested parties are encouraged to contact their Citi representative for attendance or management meetings.

Planet Labs Germany has signed a multi-year contract with the European Space Agency (ESA), joining the Copernicus Contributing Missions. Through this agreement, Planet will provide commercial satellite data alongside ESA's Sentinel satellite data to Copernicus services. The deal includes Planet's near-daily PlanetScope satellite imagery and high-resolution SkySat imagery as complementary data to ESA's existing offerings.

This partnership builds on a decade-long collaboration between Planet and ESA, during which Planet has supported both Copernicus and the ESA Third Party Mission programme. The collaboration has enabled researchers and companies in ESA and European Commission Member States to use Planet's imagery for various applications, including land use monitoring and climate change research.

Planet Labs PBC has been chosen by the National Geospatial-Intelligence Agency (NGA) as one of the vendors for the $200 million Luno B commercial data contract. The indefinite delivery, indefinite quantity (IDIQ) contract aims to provide the national security community with timely access to high-quality commercial GEOINT services.

The contract will enable NGA to advance GEOINT artificial intelligence applications while supporting warfighters, policy makers, and mission partners. Through this agreement, GEOINT users will gain access to data and analytic services for analyzing worldwide economic, environmental, and geo-political activities. The contract features a five-year base ordering period with vendors competing for future delivery orders.

Planet Labs PBC (NYSE: PL) announced the election of General John W. 'Jay' Raymond to its board of directors by stockholder written consent. Raymond, the former Chief of Space Operations of the U.S. Space Force and member of the Joint Chiefs of Staff, brings extensive experience in space operations at high government levels.

As the first Chief of Space Operations, Raymond was responsible for organizing, training, and equipping space forces domestically and internationally. His military career included commanding at multiple levels and serving as Director of Space Forces in Southwest Asia during operations Enduring Freedom and Iraqi Freedom.

The appointment comes as Planet continues to expand its public sector work both in the U.S. and internationally. Raymond's election will become effective 40 days after the Notice of Internet Availability of Information Statement is sent to stockholders, expected in early 2025.