Planet’s Expanded Contract with Government of New South Wales Supports Emergency and Climate Change Response

Rhea-AI Summary

Planet Labs (NYSE: PL), a leading Earth data provider, has expanded its contract with the Government of New South Wales (NSW), Australia, through partner NGIS. This extension supports NSW's emergency response, urban planning, and biodiversity management. Planet’s satellite imagery aids in crisis response, water resource management, and wildfire response. NSW utilizes Planet’s data archive since 2009 for understanding historical environmental impacts. The expansion includes using Planet’s SkySat data for sustainable housing development, monitoring vegetation changes, and creating koala corridor maps. This partnership aims to enhance NSW’s emergency and natural resource management.

Positive

• Expanded contract with NSW supports emergency and climate change response.
• NSW uses Planet’s data for flood disaster response, water resource management, and wildfire response.
• Planet’s data helps NSW make timely decisions during emergencies.
• NSW uses Planet’s data to monitor water consumption and ensure fair distribution during droughts.
• Planet’s imagery archive aids in studying historical environmental impacts.
• SkySat data supports sustainable housing development and biodiversity management.

Negative

• None.

SAN FRANCISCO--(BUSINESS WIRE)-- Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, recently expanded its contract with the Government of New South Wales, Australia (NSW) through partner NGIS to support crisis response and urban planning and biodiversity management. NSW has been an early adopter of Planet data, using it for critical applications such as flood disaster response, water resource management, and wildfire response.

In recent years, Australia has faced a number of challenges connected to climate change. Due to extreme weather brought on by a multi-year La Niña event, Australia has experienced severe flooding during the last two years. Planet’s satellites have tracked these natural disasters, helping to inform the media and support partners in the region. Through NGIS, our satellite imagery has helped provide a safe and swift way for the New South Wales State Government Agencies and Local Councils to gain situational awareness over flooded areas and make timely decisions.

“By using Planet’s data, we have been able to gather bird’s eye views of critical situations, like the flooding we experienced at the beginning of the year. This allowed us to quickly analyze the immediate impacts of the disaster on communities and infrastructure,” said Glenda Dunn, NSW’s Central Darling Council.

The Government of NSW is also using Planet data to monitor water consumption across the state, watching for the effectiveness of water restrictions, license and planning conditions; ensuring a fair distribution of water resources during drought conditions and tracking individual compliance. NSW found Planet’s imagery archive of proprietary datasets going back to 2009 particularly useful, enabling them to look at the historical impact of environmental events.

Through this expansion, the Government of NSW is also leveraging Planet’s SkySat data to inform sustainable housing development. With this data, they are evaluating vegetation change over time in developing regions, identifying areas for restoration, creating koala corridor maps for protection, and issuing sustainable housing permits.

This expansion will continue to support NSW’s work in emergency and natural resource management, sustainable development, and help regulate various state-level industries.

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 known as Twitter).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240620582448/en/

Planet Press

Lauren Neville

comms@planet.com



Planet Investor Relations

Chris Genualdi

ir@planet.com

Source: Planet

FAQ

What is the significance of Planet Labs' expanded contract with the Government of New South Wales?

Planet Labs' expanded contract enhances NSW's capabilities in emergency response, urban planning, and biodiversity management using advanced satellite imagery.

How does Planet Labs' data support flood disaster response in NSW?

Planet’s satellite imagery provides situational awareness of flooded areas, enabling quick analysis of disaster impacts on communities and infrastructure.

What role does Planet Labs’ data play in water resource management in NSW?

Planet’s data helps NSW monitor water consumption, evaluate the effectiveness of water restrictions, and ensure fair distribution of water resources during droughts.

How does the Government of NSW use Planet Labs’ historical data?

NSW leverages Planet’s data archive since 2009 to understand the historical impact of environmental events and support decision-making.

What applications does Planet’s SkySat data have in NSW?

SkySat data assists in sustainable housing development, monitoring vegetation changes, issuing housing permits, and creating koala corridor maps for protection.