General John W. "Jay" Raymond Elected to Planet’s Board of Directors
“I’m very excited to welcome Gen. Raymond to our board of directors,” said Will Marshall, Co-Founder, Chief Executive Officer and Chairperson of Planet. “His many years of experience leading space operations at our highest levels of government are invaluable, particularly as we continue to expand our work with the public sector both in the
“Timely, high-resolution satellite imagery is now more critical than ever to help combat the world’s most pressing issues, from natural disasters to geopolitical conflict. I believe Planet is uniquely equipped to provide the technology and data necessary to help identify and provide solutions, and I’m excited to help advise the company on its strategy and opportunities for growth,” said Gen. Raymond. “From the launch of the newest Pelican-2 satellite just this week to the myriad ways AI integration is enhancing what we can see beyond the human eye, I’m honored to join Planet at such a pivotal time for the business.”
As the first Chief of Space Operations of the
In accordance with applicable laws, Gen. Raymond’s election will become effective on the 40th day after the related Notice of Internet Availability of Information Statement is first sent to Planet’s stockholders, which Planet expects to occur in early 2025.
About Planet Labs PBC
Planet is a 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. Planet provides mission-critical data, advanced insights, and software solutions to over 1,000 customers, comprising 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. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on X (formerly Twitter).
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Planet’s future financial or operating performance. In some cases, you can identify forward looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates,” "could," "intends," "target," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern Planet’s expectations, strategy, priorities, plans or intentions. Forward-looking statements in this release include, but are not limited to, statements regarding the election of Gen., Raymond to Planet’s board of directors, including the expected timing of the effectiveness of such election, the expansion of Planet’s operations domestically and internationally, Planet’s growth opportunities, and the development of Planet’s products, including the integration of AI. Planet’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks related to the macroeconomic environment and risks regarding Planet’s ability to forecast Planet’s performance due to Planet’s limited operating history. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in Planet’s filings with the Securities and Exchange Commission (“SEC”). All forward-looking statements reflect Planet’s beliefs and assumptions only as of the date of this press release. Planet undertakes no obligation to update forward-looking statements to reflect future events or circumstances, except as may be required by law.
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Planet Press
Claire Bentley Dale
press@planet.com
Planet Investor Relations
Chris Genualdi, Cleo Palmer-Poroner
ir@planet.com
Source: Planet