Welcome to our dedicated page for Planet Labs Pbc news (Ticker: PL), a resource for investors and traders seeking the latest updates and insights on Planet Labs Pbc stock.
Planet Labs PBC (NYSE: PL) is an Earth-imaging and geospatial data company that regularly issues news about its satellite launches, government contracts, AI-enabled solutions, and financial performance. As a provider of global, daily satellite imagery and geospatial solutions, Planet’s announcements often highlight developments across its SuperDove monitoring fleet, high-resolution Pelican constellation, and planned Owl next-generation monitoring satellites.
Investors and analysts following Planet Labs PBC can use this news feed to review updates on satellite deployments, such as the launch of Pelican-5 and Pelican-6 and dozens of SuperDoves on SpaceX rideshare missions, as well as first light imagery from newly commissioned spacecraft. The company’s releases also describe AI capabilities on board its satellites and initiatives to explore AI computing in space through projects that involve advanced processors.
Planet frequently reports on contracts and partnerships with government and commercial customers. Recent examples include a multi-year low 9-figure satellite services agreement with the Swedish Armed Forces, an 8-figure contract renewal with an international defense and intelligence customer, awards from the National Geospatial-Intelligence Agency and the U.S. Navy, and contracts with organizations such as NASA, the National Reconnaissance Office, NATO, AXA Digital Commercial Platform, and the Tennessee Department of Environment and Conservation.
In addition, Planet’s news covers financial results, including quarterly earnings releases, metrics such as recurring contract value and backlog, and capital markets activities like convertible note offerings. Readers can also find announcements about acquisitions, such as the purchase of Bedrock Research, and strategic partnerships, including collaborations with Quantum Systems and Google. This page brings together these updates so users can track Planet’s operational progress, customer relationships, and technology roadmap over time.
Planet (NYSE: PL) successfully executed AI-driven object detection onboard its Pelican-4 satellite on March 25, 2026, using an NVIDIA Jetson Orin module. The detection ran in orbit over Alice Springs, Australia, producing an 80% detection accuracy on raw imagery while Planet refines model precision and recall.
This milestone enables in-orbit GeoTIFF and GeoJSON output and aims to cut insight latency from hours to minutes, supporting Planet’s Planetary Intelligence and near-real-time Global Monitoring Service capabilities.
Planet (NYSE: PL) shipped three Gen 1 Pelican satellites to Vandenberg Space Force Base on April 6, 2026, ahead of a CAS500/2 rideshare launch with SpaceX. The Gen 1 Pelicans capture 50 cm-class multispectral imagery and include NVIDIA Jetson edge AI to reduce latency and speed delivery of near real-time answers. Planet plans additional Gen 1 and Gen 2 Pelican launches through 2026, with Gen 2 targeting up to 30 cm-class resolution to improve revisit rates and low-latency tasking.
Planet (NYSE: PL) announced redemption of all outstanding public warrants to purchase Class A common stock for a Redemption Price of $0.01 per warrant, effective at 5:00 p.m. New York City time on April 27, 2026. Holders may exercise warrants until the Redemption Date at an exercise price of $11.50 per share. Any unexercised warrants will be delisted, void and only entitled to the Redemption Price (street-name holders should follow the redemption notice). Contact Continental Stock Transfer & Trust Company for questions about redemption and exercise.
Planet (PL) has begun recruiting German talent to staff a new satellite manufacturing facility in Berlin, with hiring starting in 2026 and up to 70 new employees expected to join an existing Berlin team of about 150. The facility will double production capacity for Planet’s next-generation Pelican high-resolution satellite fleet and builds on Berlin’s role as Planet’s European headquarters and Mission Control for its global fleet of about 200 satellites. The expansion aims to strengthen Germany’s aerospace ecosystem and Europe’s sovereign, AI-enabled Earth observation capabilities.
Planet (NYSE: PL) reported record fiscal 2026 results: $307.7M revenue (FY), $86.8M Q4 revenue (41% YoY), $640.1M cash and equivalents, and $852M RPOs (+106% YoY). The company generated $134.4M operating cash and $52.9M free cash flow, while full‑year adjusted EBITDA was $15.5M.
Planet noted a FY GAAP net loss of ($246.9M) including warrant revaluation impacts, provided FY27 guidance of $415M–$440M revenue, and expects continued investment in satellite services and AI-enabled analytics.
Planet (NYSE: PL) and NVIDIA are collaborating to build a GPU-native AI engine to accelerate satellite imagery processing, applying NVIDIA Blackwell, IGX Thor, CUDA, and CorrDiff to turn raw pixels into analysis-ready insights in seconds rather than hours. Planet plans in-orbit GPU integration on Pelican and Owl satellites to enable real-time, physics-informed super-resolution and global AI embeddings for intelligent search.
Planet (NYSE: PL) was selected as a prime contractor on March 3, 2026 under the Missile Defense Agency's SHIELD indefinite-delivery/indefinite-quantity contract vehicle. The SHIELD IDIQ has a ceiling of $151 billion, enabling rapid delivery of capabilities to the warfighter.
Planet intends to expand its government work by applying its global monitoring services and maritime domain awareness solutions, building on prior engagements with DIU, NGA, NRO, US Navy, and NATO for AI-enabled detections and warnings.
Planet (NYSE: PL) announced formation of two advisory bodies on February 13, 2026: a European Advisory Board and a Defense and Intelligence (D&I) Advisory Board. Both groups include senior former government, diplomatic and military leaders to guide Europe-focused strategy and national security offerings.
Inaugural members include Carl Bildt, Neelie Kroes, David Miliband, Oleksii Reznikov, Thomas Zurbuchen, Jeremy Fleming, Michèle Flournoy, and Gen. Tod Wolters.
Planet (PL) and AXA Digital Commercial Platform (AXA DCP) formed a strategic partnership on February 12, 2026 to integrate Planet’s high-frequency satellite imagery and Basemaps into AXA DCP’s AI risk-management platform.
The integration aims to improve near-real-time monitoring, prediction, and response for floods, wildfires, hurricanes, and other disasters, providing a "ground truth" environmental intelligence layer for preventative action.
Planet (NYSE: PL) will participate in investor events on February 18–19, 2026 with Robert Cardillo, Chief Strategist and Chairman of the Board of Planet Federal, delivering a keynote and a fireside chat.
Cardillo will speak at Barclays’ 43rd Annual Industrial Select Conference on Feb 18 at 12:10 p.m. ET and at Citi’s 2026 Global Industrial Tech and Mobility Conference on Feb 19 at 11:20 a.m. ET. Both events will be webcast and available for replay at investors.planet.com/events-and-presentations.