Planet Expands Contract with NASA to Provide Data to All US Federal Civilian Agencies Researchers

Rhea-AI Summary

Planet has been awarded a contract by NASA under the Commercial SmallSat Data Acquisition Program, allowing access to Planet's data for U.S. Federal Civilian scientific researchers until September 2022. This marks Planet's third year supporting NASA’s CSDA program, which aims to integrate commercial satellite data for climate research. Nearly 300,000 researchers can utilize PlanetScope and RapidEye satellite data for studies on climate change and biodiversity. Planet, founded by former NASA scientists, operates the largest fleet of imaging satellites, capturing over 3 million images daily.

Positive

• Awarded contract by NASA, expanding access to Planet data for U.S. researchers.
• Supports nearly 300,000 researchers with satellite data, enhancing climate change studies.
• Reinforces Planet's commitment to using satellite data for global sustainability.

Negative

• None.

SAN FRANCISCO--(BUSINESS WIRE)-- Planet, a leading provider of daily data and insights about Earth, today announced that the Company has been awarded another contract by NASA under their Commercial SmallSat Data Acquisition (CSDA) Program. This contract grants all U.S. Federal Civilian scientific researchers and National Science Foundation funded researchers, including contractors and grantees, access to Planet data until September 2022. Planet recently entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE:DMYQ), a special purpose acquisition company, to become a publicly-traded company.

Planet was founded by three former NASA scientists with the mission to use space to help life on Earth by providing its unique, global data set of daily scans of Earth’s entire landmass to systematically and consistently monitor change on the planet. Core to this mission is Planet’s commitment to getting this proprietary data into the hands of the scientific community to further strengthen their research of the dynamic Earth.

This is Planet's third year supporting NASA’s CSDA program, which was created to identify, evaluate, and acquire data from commercial providers. Today, nearly 300,000 researchers have access to Planet’s PlanetScope and RapidEye satellite data. By integrating this information into a variety of scientific studies focused on climate change, biodiversity loss, and changing ecosystems, researchers can better understand complex sustainability challenges and gain insights on potential solutions.

“NASA has led the way in engaging with the commercial space industry and this new contract further validates their commitment to both commercial space and climate action. NASA researchers have found great scientific utility in high-resolution, daily data of the entire planet and it has been exciting to see our contracts expand to make this data accessible to the entire US Civil Government and grantees for scientific purposes,” said Robbie Schingler, Planet co-founder and Chief Strategy Officer. “In the most critical decade for climate action, NASA has made it possible to provide researchers with robust datasets that can be used to monitor and address the current climate crisis and we look forward to collaborating further on this important work.”

When combined with government systems, commercial satellite data can help to advance scientific understanding of our changing world and enable better data-based decision-making and management by federal programs, local communities, companies, and individuals. Scientific researchers are leveraging these advanced datasets to investigate the impacts of climate change in the Arctic and Antarctic, understand the causes of natural disasters such as floods, and monitor crop yields around the world.

"We're really excited to be able to more easily share Planet data across all the NASA Harvest partners,” said Dr. Hannah Kerner at the University of Maryland and the machine learning lead and U.S. domestic co-lead for NASA Harvest. “As a consortium that spans multiple agencies and universities, the ability to share data and collaboratively advance research methods is critical for achieving our goals.”

Dr. Joe Levy at Colgate University shared: “Extended access to Planet data for all federally-funded scientists is a game-changer for researchers trying to figure out what’s happening right now with our rapidly-changing world. Working on NSF-supported research in Antarctica using Planet data means being able to watch for changes to Earth’s polar regions practically every day the sun is up. We’re seeing day-to-day changes in where ground ice is thawing, when meltwater is flowing, and how once-frozen environments are evolving. Seeing change unfold in real time helps us pinpoint what’s driving the melt so we can predict when, where, and how much more could be coming. Especially in a time when travel to remote field sites is limited by global pandemic restrictions, Planet data helps my team feel like we’re in the field."

Visit Planet’s NASA page to get more information on the Planet-NASA CSDA agreement and learn how to apply.

About Planet

Planet is the leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest earth observation fleet of imaging satellites, capturing and compiling data from over 3 million images per day. Planet provides mission-critical data, advanced insights, and software solutions to over 600 customers, comprised of the world’s leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. To learn more visit www.planet.com and follow us on Twitter at @planet.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210914005475/en/

Investor:

Chris Genualdi

ir@planet.com

Press:

Trevor Hammond

comms@planet.com

John Christiansen/Cassandra Bujarski

Sard Verbinnen & Co

Planet-SVC@sardverb.com

Source: Planet

FAQ

What is the significance of the NASA contract awarded to Planet (DMYQ, DMYQU)?

The NASA contract allows U.S. Federal Civilian researchers access to Planet data, enhancing climate research and demonstrating NASA's support for commercial space initiatives.

How does Planet's data contribute to climate change research?

Planet's satellite data provides valuable insights for nearly 300,000 researchers studying climate change, biodiversity loss, and ecosystem shifts.

What does the merger agreement with dMY Technology Group (DMYQ) mean for Planet?

The merger with dMY Technology Group will enable Planet to become a publicly-traded company, facilitating greater access to capital for business expansion.

When does the access to Planet data under the NASA contract end?

The access to Planet data for U.S. researchers under the NASA contract is available until September 2022.