Bryce Tech has released an in depth look at how small satellites have become an extremely big business over the past decade.
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Bryce Tech has released an in depth look at how small satellites have become an extremely big business over the past decade.
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Happy New Year to all and welcome to the first S-SPACi of 2023.
SpaceX started off the year with a boom on Tuesday with the launch of its Transporter-6 rideshare mission from Cape Canaveral in Florida. The Falcon 9 first stage booster touched down on land instead of an off-shore drone ship, sending a sonic boom echoing across the Sunshine State.
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Planet Labs reported third quarter earnings of $9.7 million that were up 57% over the same period last year, and forecast revenues for the year would be up 45 percent to $188-$192 million.
Profitability, however, remains a challenge for the Earth observation company. Planet reported a net quarterly loss of $40.2 million, down slightly from $41.5 million in the third quarter of 2021. Net loss for the first nine months of 2022 was $124.1 million, compared with $91.2 million for the same period last year.
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Planet Selected as Subcontractor for SES Government Solutions and Telesat Government Solutions to Help Build Real-time Connectivity Solutions
SAN FRANCISCO (Planet Labs PR) — Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has been selected by two companies, SES Government Solutions and Telesat Government Solutions, to demonstrate real-time space-to-space connectivity solutions from LEO satellites to other in-space communication satellites operated by SES and Telesat for NASA’s Communication Services Project, or “CSP”.
With NASA’s plans to decommission its owned and operated satellites which are a part of the Tracking and Data Relay Satellite System (TDRSS) in the coming years, the agency will evaluate the feasibility of commercial networks to reliably support future near-Earth missions. As part of Planet’s involvement in CSP, Planet will accelerate its R&D for near-Earth space communication capabilities on its future earth-observation satellites. Planet will work to demonstrate its state-of-the art communication technology stack involving real-time satellite connectivity for NASA’s CSP, with the goal of further building its relationship with the agency and enabling low latency solutions for Planet customers.
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SAN FRANCISCO (Planet Labs PR) — Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its work supporting efforts to protect cultural heritage in Ukraine with Global Heritage Fund, a California based non-profit that transforms local communities by investing in cultural heritage to advance economic development.
UNESCO reported in July 2022 that over 165 Ukrainian heritage sites have been damaged since the onset of the Russo-Ukrainian war. As the Russo-Ukrainian War continues to impact Ukrainian cities, Global Heritage Fund is teaming up with University College London (UCL) to map cultural heritage site destruction using Planet imagery.
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SAN FRANCISCO (Planet Labs PBC PR) — Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced a new contract with the National Oceanic and Atmospheric Administration (NOAA). The organization is leveraging Planet’s PlanetScope and SkySat products to evaluate oil spills, track marine debris, detect vessels, and identify large marine mammals like whales.
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Applications range from crisis management, civil and public safety support to environmental and nature conservation as well as forest and agricultural monitoring
BERLIN & SAN FRANCISCO (Planet Labs PBC PR) — Planet Labs PBC, a leading provider of daily data and insights about Earth, today announced that its wholly owned subsidiary, Planet Labs Germany GmbH, has signed a new contract with the German Federal Agency for Cartography and Geodesy (BKG) to provide the agency with daily, high-resolution satellite data for crisis response, environmental and nature conservation, as well as forest and agricultural monitoring. Access to Planet’s satellite data will help the BKG promote public and civil safety throughout the Federal Republic of Germany. The collaboration was launched in November 2021 and is now being expanded following a successful trial period.
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VAIL, Colo. (TurbineHub PR) — TurbineHub‘s United States, wind-energy-focused data and geospatial SaaS, today announced the availability of Planet Labs PBC’s (Planet /NYSE: PL) medium resolution satellite data through TurbineHub’s service. Planet is a leading provider of global, near-daily satellite imagery and geospatial solutions. Through TurbineHub’s imagery analysis service, developers can access Planet’s satellite imagery to better inform their wind energy investment decisions.
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Continued Acceleration with Record First Quarter Revenue of $40.1 Million
Received Landmark EOCL Award by the U.S. National Reconnaissance Office (NRO)
Expects Revenue Growth Rate to More than Double YoY for FY’23
SAN FRANCISCO (Planet Labs PR) –Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for its fiscal first quarter for the period ended April 30, 2022, demonstrating accelerated growth and the momentum of its unique data subscription business.
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CHANTILLY, Va. (NRO PR) — The National Reconnaissance Office (NRO) today announced the results of its largest ever commercial imagery contract effort, awarding Electro-Optical Commercial Layer (EOCL) to BlackSky, Maxar, and Planet. Valued at billions of dollars over the next decade, these contracts mark a historic expansion of the NRO’s acquisition of commercial imagery to meet increasing customer demands with greater capacity than ever before .
“The NRO has a longstanding strategy of ‘buy what we can, build what we must’,” said .Dr. Chris Scolese, director of the NRO. “The diversity offered by our expanding architecture comprised of both commercial and NRO systems increases our resilience and enables an integrated approach to the threats facing our Nation.”
Due to its unclassified and shareable nature, commercial remote sensing data offer important benefits, including increased transparency, mission-critical awareness , and humanitarian assistance. EOCL ‘s unique situational design, featuring user-friendly license agreements and built-in contract flexibility, maximizes shareability across a diverse customer base.
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