Planet Labs PBC (PL)

Planet Labs PBC is a Delaware public benefit corporation that operates the largest fleet of Earth-observation satellites in history, imaging the entire Earth's landmass daily at medium resolution (up to 3.5 meters) and offering high-resolution tasking (up to 50 centimeters) with revisit rates of up to ten times per day. The company designs, builds, and operates its own satellites using an "agile aerospace" approach, and has amassed a proprietary historical archive averaging over 2,400 images per point on Earth's landmass, with data dating back to 2009. Planet generates revenue primarily through fixed-price subscription and usage-based licensing of its data and analytics via a cloud-native platform, using a "one-to-many" model where each captured image can be sold to unlimited customers, distinguishing it from legacy providers that sell exclusive individual images.

Core product offerings include Planet Monitoring (continuous daily imaging), Planet Tasking (high-resolution on-demand capture), and Planet Archive (historical imagery access), supported by a platform and analytics suite comprising Planet APIs, Planet Apps, Planet Basemaps, Planet Fusion (which combines Planet data with public satellite sources like NASA/USGS-Landsat and ESA/EU Copernicus), Planet Analytic Feeds (AI-driven object detection and change detection), and Planetary Variables (quantifying dynamic systems like soil moisture and vegetation biomass). The company serves over 880 customers globally across sectors including agriculture, mapping, forestry, finance and insurance, energy and utilities, ESG-related industrial/supply chain, defense and intelligence, and civil government at federal, state, and local levels, addressing use cases such as precision agriculture, deforestation monitoring, disaster management, national security, supply chain transparency, and urban planning. Sales are conducted through a direct global sales organization and an extensive partner network of solution providers, OEM partners, and GIS platform companies, supported by dedicated customer success and marketing teams.

Planet reported $191.3 million in revenue for the fiscal year ended January 31, 2023, and its Class A common stock and warrants trade on the NYSE under "PL" and "PL WS." The company was formed through a December 2021 business combination between Planet Labs Inc. and dMY Technology Group, Inc. IV, and its mission centers on using space-based data to make environmental and social change visible, accessible, and actionable in support of sustainability, security, and global transparency.