• The use of outer space and the more than $1 trillion in benefits estimated for 2030 is threatened by rising orbital pollution
• There is an urgent need for all stakeholders in the space market to reach a consensus on its safe and sustainable use
• GMV is a world reference in the study, monitoring and prevention of space debris proliferation, with more than 20 years of experience in this market

MADRID, Spain (GMV PR) — The space environment is becoming increasingly polluted due to the proliferation of objects orbiting in an uncontrolled manner around the earth, particularly in low and geostationary orbits (the most interesting for use and exploitation). Estimates suggest that there are more than one million objects larger than 1 cm capable of causing potential damage of various kinds, and the number is increasing at a dangerous rate. To ensure a sustainable use of space, various key players in the space industry (*), including GMV, have launched the international initiative called Net Zero Space.

New funding builds on a unique partnership between Bloomberg Philanthropies, Carbon Mapper, Planet, the State of California, NASA Jet Propulsion Laboratory, the University of Arizona, Arizona State University (ASU), High Tide Foundation, and RMI to develop and deploy a constellation of satellites to help tackle potent methane emissions.

Investment will deliver powerful, advanced emissions data in support of the newly signed Global Methane Pledge 

NEW YORK and SAN FRANCISCO (Bloomberg Philanthropies PR) – Today, Bloomberg Philanthropies, Carbon Mapper, and partners announced the Carbon Mapper Accelerator program, to accelerate the deployment of emerging remote sensing technologies needed to effectively pinpoint, quantify, and diagnose sources of high-emission methane and carbon dioxide (CO2) globally. The new initiative provides immediate support to governments committed to the Global Methane Pledge, an unprecedented agreement led by the United States and the European Union to reduce global methane emissions by 30% by 2030, which yesterday gained 24 new country signatories.

• New commitments bring total raised from PIPE from $200 million to more than $250 million
• Fully committed PIPE transaction is in conjunction with Planet’s agreement to become a publicly traded company through merger with dMY IV

SAN FRANCISCO (Planet Labs PR) — Planet Labs Inc. (“Planet”), a leading provider of daily data and insights about Earth, and dMY Technology Group, Inc. IV (NYSE:DMYQ) (“dMY IV”), a special purpose acquisition company, today announced that they have received a commitment for a US$50 million investment in dMY IV from Canada Pension Plan Investment Board (“CPP Investments”). Together with CPP Investments, Cypress Point Investment Management (“Cypress Point”) participated in a co-investment.

• Delivers Record Second Quarter Revenue of $30.4 Million, Up 19% YoY
• Reiterates $130 million Revenue Outlook for Fiscal Year 2022

SAN FRANCISCO (Planet Labs PR)–Planet Labs Inc. (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for its second fiscal quarter ended July 31, 2021, highlighting the continued momentum of its unique data subscription business. Earlier this year, Planet entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE: DMYQ) (“dMY IV”), a special purpose acquisition company, to become a publicly traded company later this year (the “Business Combination”).

Second Quarter FY2022 Highlights

• Q2 Revenue increased 19% year-over-year to $30.4 million.
• Percent of Recurring ACV was 93%, as compared to 92% in the year ago comparable quarter
• End of Period (EoP) Customer Count increased 36% year-over-year to 732 customers

SAN FRANCISCO (Planet PR) — We’re thrilled to announce a multi-year, multi-launch agreement with SpaceX, solidifying them as our go-to-launch provider through the end of 2025. SpaceX’s Falcon 9 is the world’s most reliable and frequently-flown rocket that offers low-cost rideshare services, making SpaceX a natural choice for us. The first planned launch under this agreement is Flock 4x, 44 SuperDoves on the Falcon 9 Transporter-3 SSO rideshare mission scheduled for launch December 2021.

WASHINGTON (NASA PR) — NASA has expanded its contract with two space-based imagery companies, Planet and Spire Global, to broaden access to Earth imagery data and enable scientific research across the federal government. Broader access to this satellite data will help answer questions about how Earth is changing and how those changes may impact people and communities.

• Planet is an Earth data and analytics company, producing 25 terabytes of data per day from approximately 200 satellites – the largest Earth imaging satellite fleet ever
• Planet’s proprietary data powers a high growth subscription business with over $100 million in revenue in FY2021 from over 600 customers across many verticals
• In addition to $345 million in dMY IV’s trust account (assuming no redemptions), transaction includes $200 million fully committed PIPE led by funds and accounts managed by BlackRock, with key participation including Koch Strategic Platforms and Marc Benioff’s TIME Ventures and existing Planet investor Google
• Transaction values Planet at a post-transaction equity value of approximately $2.8 billion
• Planet intends to use the proceeds from the transaction to expand its operations and services to enable a more sustainable and secure planet
• Business combination expected to be completed later this year

SAN FRANCISCO, CA and NEW YORK, NY July 7, 2021 – Planet Labs Inc. (“Planet”), a leading provider of daily data and insights about Earth, and dMY Technology Group, Inc. IV (NYSE: DMYQ) (“dMY IV”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement under which Planet will become a publicly-traded company. Upon closing, the combined company will retain the Planet name and be listed on the NYSE under the ticker symbol “PL.” The transaction values Planet at a post-transaction equity value of approximately $2.8 billion.

by Douglas Messier
Managing Editor

The United States reclaimed the top spot in launches from China last year as NASA astronauts flew into orbit from American soil for the first time in nearly nine years, SpaceX deployed the world’s first satellite mega-constellation with reused rockets, and two new launchers debuted with less than stellar results.

American companies conducted 44 launches in 2020, with 40 successes and four failures. Bryce Tech reports that U.S. companies accounted for 32 of the 41 commercial launches conducted last year. The majority of those flights were conducted by SpaceX, which launched 25 orbital missions.

China came in second with a record of 35 successful launches and four failures. The 39 launch attempts tied that nation’s previous record for flights during a calendar year.

Let’s take a closer look at what U.S. companies achieved last year.

State of California, NASA JPL, and Planet team up with University of Arizona, ASU, RMI, High Tide Foundation and Bloomberg Philanthropies in unique coalition to fight climate change

SAN FRANCISCO, April 15, 2021 (Carbon Mapper PR) — Carbon Mapper, a new nonprofit organization, and its partners – the State of California, NASA’s Jet Propulsion Laboratory (NASA JPL), Planet, the University of Arizona, Arizona State University (ASU), High Tide Foundation and RMI – today announced a pioneering program to help improve understanding of and accelerate reductions in global methane and carbon dioxide (CO₂) emissions. In addition, the Carbon Mapper consortium announced its plan to deploy a ground-breaking hyperspectral satellite constellation with the ability to pinpoint, quantify and track point-source methane and CO₂ emissions.

SAN FRANCISCO, Calif. (Planet PR) — 48 SuperDoves, our Flock 4s, were successfully delivered to orbit today on SpaceX’s Transporter-1 mission. This record-setting launch carried 143 satellites to orbit – the most spacecraft ever deployed on a single mission.