Planet Joins ESA Third Party Mission Programme for Open Access to High-Frequency, High-Resolution Imagery

Rhea-AI Summary

Planet Labs PBC (NYSE: PL) has announced that its PlanetScope and SkySat satellite data are now part of the European Space Agency's (ESA) Third Party Missions portfolio. This collaboration allows ESA to utilize Planet's data for scientific and research purposes. European researchers can access high-frequency and high-resolution imagery for non-commercial use through the ESA Earthnet Programme, enhancing research and development opportunities across various sectors. Planet aims to provide daily imaging of Earth's landmass, making global change more visible and actionable.

Positive

• Integration into ESA's Third Party Missions portfolio enhances data accessibility for European research.
• PlanetScope and SkySat data offer high-frequency and high-resolution imagery for scientific applications.
• Collaboration supports the development of new capabilities in various industries related to Earth observation.

Negative

• None.

BERLIN--(BUSINESS WIRE)-- Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Planet’s PlanetScope and SkySat data have joined the European Space Agency (ESA) Third Party Missions portfolio, enabling ESA to utilize Planet data for scientific, research, and pre-operational Earth Observation based applications development. Through distribution under the ESA Earthnet Programme, European researchers, scientists, and companies can access Planet’s high-frequency, high-resolution satellite data for non-commercial use.

Initiated in 1976, the ESA Earthnet Programme is a “Network for the Earth,” with the purpose of building an Earth Observation science community to acquire and share knowledge of our planet. Within this program, Planet joins more than 50 other missions owned by commercial or public organizations to add near-daily PlanetScope imagery, 50 cm SkySat imagery, and RapidEye archive data to this global network. In 2019, Planet entered into an agreement with ESA to evaluate making Planet’s data from its high-resolution constellation available as a Third Party Mission.

“We are very pleased to welcome PlanetScope and SkySat to ESA’s Third Party Missions portfolio and to begin the distribution of the Planet data through the ESA Earthnet Programme,” said Peggy Fischer, the Mission Manager of ESA Third Party Missions. “The high-resolution and high-frequency imagery from these satellite constellations will provide an invaluable resource for the European R&D and applications community, greatly benefiting research and business opportunities across a wide range of sectors.”

“Collaborating with ESA as part of the Earthnet Programme is the next step for Planet in our mission to image all of Earth’s landmass every day, making global change visible, accessible, and actionable”, said Charlie Candy, Planet’s Chief Revenue Officer. “It is fundamental that we empower the research community with transparent resources and knowledge for the benefit of all citizens.”

Planet’s work with partners through the ESA Earthnet Programme provides critical data to support the program’s ground-breaking work. Researchers and scientists are required to report their work and results after completion of their project through the program. The program was established with a goal to unleash a new set of uses and applications of Earth observation data to combat climate change and develop new capabilities in a variety of industries. The ESA TPM process includes the submission of a project proposal on the ESA Earth Online portal. To find out more on how to apply to the Earthnet Programme and get started with Planet data, join here.

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, capturing over 30 TB of data per day. Planet provides mission-critical data, advanced insights, and software solutions to over 700 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 trading on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on Twitter.

About ESA

The European Space Agency (ESA) provides Europe’s gateway to space. ESA is an intergovernmental organisation, created in 1975, with the mission to shape the development of Europe’s space capability and ensure that investment in space delivers benefits to the citizens of Europe and the world. Learn more about ESA at www.esa.int.

Forward-looking Statements

Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the Company’s ability to capture market opportunity and realize any of the potential benefits from strategic partnerships and customer collaborations. Forward-looking statements are based on the Company’s management’s beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future events and results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to the risk factors and other disclosures about the Company and its business included in the Company's periodic reports, proxy statements, and other disclosure materials filed from time to time with the Securities and Exchange Commission (SEC) which are available online at www.sec.gov, and on the Company's website at www.planet.com. All forward-looking statements reflect the Company’s beliefs and assumptions only as of the date such statements are made. The Company undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220420005346/en/

Planet Press

Claire Bentley

Planet Labs PBC

comms@planet.com

Planet Investor Relations

Chris Genualdi, Cleo Palmer-Poroner

Planet Labs PBC

ir@planet.com

Source: Planet

FAQ

What is the significance of Planet Labs joining the ESA's Third Party Missions with stock symbol PL?

This integration enhances the accessibility of Planet's high-frequency and high-resolution satellite data for European researchers, expanding potential applications in scientific research.

How can European researchers access Planet Labs data (PL) through ESA?

European researchers can access Planet's satellite data for non-commercial use via the ESA Earthnet Programme, which facilitates the use of high-frequency and high-resolution imagery.

What types of imagery does Planet Labs provide as part of the ESA partnership (PL)?

Planet Labs provides near-daily PlanetScope imagery and 50 cm SkySat imagery, along with RapidEye archive data, through the ESA Earthnet Programme.

When did Planet Labs (PL) agree to provide data to ESA?

Planet Labs entered into an agreement with ESA in 2019 to explore making its data available as a Third Party Mission.