Planet Partners with Laconic to Deliver AI-Powered Forest Carbon Insights, Aiming to Enable Informed Carbon Credit Trading
Planet Labs PBC (NYSE: PL) has signed a multi-year, seven-figure deal with Laconic to provide Forest Carbon Monitoring products for the next three years. The partnership combines Planet's satellite-derived forest carbon data with Laconic's SADAR Natural Capital Monetization platform to enable informed carbon credit trading. Planet will provide both its 3-meter Forest Carbon Monitoring product, offering quarterly carbon estimates since 2021, and its 30-meter Forest Carbon product with data dating back to 2013. The collaboration aims to create a trusted system for sovereign carbon trading, helping governments monetize natural carbon assets through accurate forest monitoring and verification.
Planet Labs PBC (NYSE: PL) ha firmato un contratto pluriennale, del valore di sette cifre, con Laconic per fornire prodotti di Monitoraggio del Carbonio Forestale per i prossimi tre anni. La partnership unisce i dati sul carbonio forestale derivati dai satelliti di Planet con la piattaforma di Monetizzazione del Capitale Naturale SADAR di Laconic, per abilitare il commercio informato di crediti di carbonio. Planet fornirà sia il suo prodotto di Monitoraggio del Carbonio Forestale da 3 metri, che offre stime trimestrali del carbonio dal 2021, sia il suo prodotto di carbonio forestale da 30 metri con dati risalenti al 2013. La collaborazione mira a creare un sistema affidabile per il commercio sovrano di carbonio, aiutando i governi a monetizzare gli asset naturali di carbonio attraverso un monitoraggio e una verifica accurati delle foreste.
Planet Labs PBC (NYSE: PL) ha firmado un contrato multianual de siete cifras con Laconic para proporcionar productos de Monitoreo de Carbono Forestal durante los próximos tres años. La colaboración combina los datos de carbono forestal derivados de satélites de Planet con la plataforma de Monetización de Capital Natural SADAR de Laconic, permitiendo un comercio informado de créditos de carbono. Planet ofrecerá tanto su producto de Monitoreo de Carbono Forestal de 3 metros, que proporciona estimaciones trimestrales de carbono desde 2021, como su producto de carbono forestal de 30 metros con datos que se remontan a 2013. La colaboración tiene como objetivo crear un sistema de confianza para el comercio soberano de carbono, ayudando a los gobiernos a monetizar los activos naturales de carbono a través de un monitoreo y verificación precisos de los bosques.
Planet Labs PBC (NYSE: PL)는 Laconic과 다년간의 7자리 수 계약을 체결하여 향후 3년 동안 산림 탄소 모니터링 제품을 제공할 것입니다. 이번 파트너십은 Planet의 위성 기반 산림 탄소 데이터와 Laconic의 SADAR 자연 자본 수익화 플랫폼을 결합하여 정보에 기반한 탄소 크레딧 거래를 가능하게 합니다. Planet은 2021년부터 분기별 탄소 추정치를 제공하는 3미터 산림 탄소 모니터링 제품과 2013년으로 거슬러 올라가는 데이터를 포함한 30미터 산림 탄소 제품을 모두 제공할 것입니다. 이 협업의 목표는 신뢰할 수 있는 주권 탄소 거래 시스템을 구축하여 정부가 철저한 산림 모니터링 및 검증을 통해 자연 탄소 자산을 수익화할 수 있도록 지원하는 것입니다.
Planet Labs PBC (NYSE: PL) a signé un contrat pluriannuel à sept chiffres avec Laconic pour fournir des produits de Surveillance du Carbone Forestier pour les trois prochaines années. Ce partenariat combine les données sur le carbone forestier dérivées par satellite de Planet avec la plateforme de monétisation du capital naturel SADAR de Laconic, permettant ainsi un commerce éclairé des crédits de carbone. Planet fournira à la fois son produit de Surveillance du Carbone Forestier de 3 mètres, offrant des estimations trimestrielles de carbone depuis 2021, et son produit de carbone forestier de 30 mètres avec des données remontant à 2013. La collaboration vise à créer un système de confiance pour le commerce souverain du carbone, aidant les gouvernements à monétiser les actifs naturels de carbone grâce à un suivi et une vérification précis des forêts.
Planet Labs PBC (NYSE: PL) hat einen mehrjährigen, siebenstelligen Vertrag mit Laconic unterzeichnet, um in den nächsten drei Jahren Produkte zur Überwachung von Waldkohlenstoff bereitzustellen. Die Partnerschaft kombiniert die satellitengestützten Daten zu Waldkohlenstoff von Planet mit der SADAR-Plattform von Laconic zur Monetarisierung natürlicher Ressourcen, um informierten Handel mit Kohlenstoffkrediten zu ermöglichen. Planet wird sowohl sein 3-Meter-Waldkohlenstoffüberwachungsprodukt anbieten, das seit 2021 vierteljährliche Kohlenstoffschätzungen bereitstellt, als auch sein 30-Meter-Waldkohlenstoffprodukt mit Daten, die bis 2013 zurückreichen. Ziel der Zusammenarbeit ist es, ein vertrauenswürdiges System für den souveränen Handel mit Kohlenstoff zu schaffen, das Regierungen hilft, natürliche Kohlenstoffwerte durch präzise Waldüberwachung und -verifizierung zu monetarisieren.
- Secured multi-year, seven-figure contract with Laconic
- Provides recurring revenue stream for 3 years
- Expands presence in carbon credit trading market
- None.
Insights
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This deal enhances Planet Labs' competitive position by establishing them as a key data provider in the emerging sovereign carbon trading infrastructure. Their unique high-resolution forest monitoring capabilities at both 3m and 30m scales create a strong moat, particularly valuable for carbon credit verification and trading. The quarterly dataset dating back to 2021, combined with historical data since 2013, provides a comprehensive foundation for carbon asset valuation.
The partnership addresses a critical gap in the carbon credit market - the need for reliable, high-frequency monitoring and verification of forest carbon assets. By combining Planet's satellite data with Laconic's SADAR platform, this creates a more transparent and efficient mechanism for sovereign carbon trading. The ability to provide standardized, AI-powered verification at a global scale could significantly reduce the friction in carbon credit transactions and enhance market liquidity.
The focus on sovereign carbon assets, particularly targeting government-level participation, positions this solution at the institutional scale where the largest impact and monetary flows in carbon markets occur.
Laconic operates the data management and interchange platform, SADAR Natural Capital Monetization, which provides the structured data, real-time tracking, and AI-powered verification required for carbon securities to trade efficiently in the global market. With Planet’s satellite-data derived Forest Carbon products, Laconic will receive AI-powered forest carbon insights from around the globe. With these novel geospatial data feeds, Laconic will offer their customers accurate trends, correlations, and predictions to instill trusted trading confidence and empower informed decision-making in the carbon market.
“Planet’s Forest Carbon products give us a best-in-class data layer from which we can extract critical insights for our customers,” said Laconic CEO Andrew Gilmour. “The scope of their product is exceptional. Nowhere else could we get trusted forest carbon data at this high of a cadence or resolution.”
Planet’s recently launched Forest Carbon Monitoring product provides a quarterly dataset estimating aboveground carbon, canopy height, and cover over the entire Earth at 3 meter resolution, dating back to 2021. As the world’s first global scale forest monitoring system at such a high resolution, this product aims to offer a common standardized operating system for businesses, governments, and NGOs looking to support voluntary carbon markets, regulatory compliance, and deforestation mitigation. Planet’s Forest Carbon Diligence product offers a robust archive of global aboveground carbon data at 30 meter resolution dating back to 2013, helping to inform forest change over time.
“It’s time for the world to start valuing trees alive and standing, and putting carbon onto our balance sheets. The technology is here to capture it, and the data is here to validate it,” said Planet CEO Will Marshall. “We are very happy about this partnership with Laconic. By getting our Forest Carbon data into their expert hands, we’re excited to see how governments and investors start to make informed carbon trading decisions – changing how we see and value our essential global forests.”
This partnership aims to support a trusted, data-rich system that entities around the world can rely on for the generation and trading of sovereign carbon, a financial asset that is generated by a nation through the reduction of deforestation in their rainforests. With Planet’s unique Forest Carbon data and insights and Laconic’s platform and industry expertise, these two entities look forward to generating new forms of valuing natural capital and sustainability-oriented markets.
About Planet
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) or tune in to HBO's ‘Wild Wild Space’.
About Laconic
Laconic delivers accurate environmental intelligence, data management tools, and geospatially-fused insights that enable governments, corporations, and financial institutions to engage fairly in data interchange activities that facilitate open and compliant capital markets activity in carbon-linked instruments. Founded in 2021, the company is a Public Benefit Corporation (PBC) headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20241202398476/en/
Planet Press
Lauren Neville Cottrell
comms@planet.com
Planet Investor Relations
Cleo Palmer-Poroner
ir@planet.com
Laconic
Brant Pinvidic
brant.pinvidic@laconicglobal.com
Elke Heiss
Elke.heiss@laconicglobal.com
Source: Planet
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