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Planet Selected for NASA Commercial SmallSat Data Acquisition (CSDA) Contract to Continue Providing Earth Observation Data

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Planet Labs PBC (NYSE: PL) has announced that its subsidiary, Planet Federal, has been selected for NASA's Commercial SmallSat Data Acquisition (CSDA) Program contract. This fixed-price, indefinite-delivery/indefinite-quantity, multiple-award contract runs through Nov. 15, 2028, with a maximum potential value of $476 million across all selected contractors.

Planet will continue providing NASA with its PlanetScope imagery and access to additional products, including its extensive archive. The company's constellation of hundreds of Dove satellites captures high-resolution daily images of Earth, averaging over 2,700 images for every point on Earth's landmass. This data supports various applications, including climate change monitoring, biodiversity assessment, and disaster response.

Planet Labs PBC (NYSE: PL) ha annunciato che la sua filiale, Planet Federal, è stata selezionata per il contratto del Programma di Acquisizione Dati SmallSat Commerciale (CSDA) della NASA. Questo contratto a prezzo fisso, a consegna indefinita/quantità indefinita, è un contratto a più aggiudicatari che scadrà il 15 novembre 2028, con un valore potenziale massimo di $476 milioni per tutti i contraenti selezionati.

Planet continuerà a fornire alla NASA le sue impressioni PlanetScope e l'accesso a ulteriori prodotti, incluso il suo ampio archivio. La costellazione di centinaia di satelliti Dove dell'azienda cattura immagini ad alta risoluzione del pianeta ogni giorno, con una media di oltre 2.700 immagini per ogni punto della massa terrestre. Questi dati supportano varie applicazioni, tra cui monitoraggio dei cambiamenti climatici, valutazione della biodiversità e risposta a catastrofi.

Planet Labs PBC (NYSE: PL) ha anunciado que su subsidiaria, Planet Federal, ha sido seleccionada para el contrato del Programa de Adquisición de Datos Commerciales SmallSat (CSDA) de la NASA. Este contrato de precio fijo, de entrega indefinida/cantidad indefinida y múltiples adjudicaciones, se extiende hasta el 15 de noviembre de 2028, con un valor potencial máximo de $476 millones para todos los contratistas seleccionados.

Planet seguirá proporcionando a la NASA sus imágenes de PlanetScope y acceso a productos adicionales, incluyendo su extenso archivo. La constelación de cientos de satélites Dove de la compañía captura imágenes diarias de alta resolución de la Tierra, promediando más de 2,700 imágenes por cada punto de la masa terrestre. Estos datos apoyan diversas aplicaciones, incluyendo monitoreo del cambio climático, evaluación de la biodiversidad y respuesta a desastres.

플래닛랩스 PBC (NYSE: PL)는 자회사인 플래닛 페더럴이 NASA의 상업용 소형위성 데이터 수집(CSDA) 프로그램 계약에 선정되었다고 발표했습니다. 이 고정 가격, 무기한 배송/무기한 수량 다수 수상 계약은 2028년 11월 15일까지 유효하며, 선택된 모든 계약자에 대해 최대 잠재 가치가 $476 million입니다.

플래닛은 NASA에 PlanetScope 이미지를 제공하고 그들의 방대한 아카이브를 포함한 추가 제품에 대한 접근을 계속 제공할 것입니다. 이 회사의 수백 대의 Dove 위성 군은 매일 고해상도 이미지를 촬영하여 지구의 모든 육지 지점에 대해 평균 2,700개 이상의 이미지를 제공합니다. 이러한 데이터는 기후 변화 모니터링, 생물 다양성 평가 및 재난 대응 등 다양한 응용 프로그램을 지원합니다.

Planet Labs PBC (NYSE: PL) a annoncé que sa filiale, Planet Federal, a été séléctionnée pour le contrat du Programme Commercial d'Acquisition de Données SmallSat (CSDA) de la NASA. Ce contrat à prix fixe, d'une durée indéfinie/de quantité indéfinie, avec plusieurs attributaires, court jusqu'au 15 novembre 2028, avec une valeur potentielle maximale de $476 millions pour tous les entrepreneurs sélectionnés.

Planet continuera de fournir à la NASA ses images PlanetScope ainsi qu'un accès à des produits supplémentaires, y compris son vaste archive. La constellation de centaines de satellites Dove de l'entreprise capture des images quotidiennes haute résolution de la Terre, avec en moyenne plus de 2 700 images pour chaque point de la masse terrestre. Ces données soutiennent diverses applications, y compris la surveillance du changement climatique, l'évaluation de la biodiversité et la réponse aux catastrophes.

Planet Labs PBC (NYSE: PL) hat angekündigt, dass ihre Tochtergesellschaft, Planet Federal, für den Vertrag des NASA-Programms zur kommerziellen SmallSat-Datenakquisition (CSDA) ausgewählt wurde. Dieser Festpreisvertrag mit unbestimmter Lieferung/unbestimmter Menge ist ein Mehrfachvergabevertrag, der bis zum 15. November 2028 läuft und ein maximales potentielles Volumen von $476 Millionen für alle ausgewählten Auftragnehmer hat.

Planet wird der NASA weiterhin PlanetScope-Bilder sowie Zugang zu zusätzlichen Produkten, einschließlich seines umfangreichen Archivs, zur Verfügung stellen. Die Konstellation von Hunderte von Dove-Satelliten des Unternehmens erfasst täglich hochauflösende Bilder der Erde und erstellt im Durchschnitt über 2.700 Bilder für jeden Punkt der Landmasse. Diese Daten unterstützen verschiedene Anwendungen, darunter Überwachung des Klimawandels, Bewertung der Biodiversität und Katastrophenreaktion.

Positive
  • Secured contract with NASA for continued Earth observation data provision
  • Contract runs through Nov. 15, 2028, providing long-term revenue potential
  • Maximum potential value of $476 million for all contractors selected
  • Opportunity to expand NASA's access to Planet's products and archive
  • PlanetScope imagery captures over 2,700 images on average for every Earth landmass point
Negative
  • Contract value is shared among multiple contractors, not exclusive to Planet
  • Actual revenue depends on NASA's data acquisition needs, which may vary

Insights

Planet Labs' selection for NASA's CSDA contract is a positive development for the company. The contract's potential value of $476 million across multiple awardees represents a significant revenue opportunity. While the exact allocation to Planet is unclear, it provides a stable revenue stream until 2028. This government contract enhances Planet's credibility and may lead to additional partnerships. However, investors should note that the contract's indefinite-delivery/indefinite-quantity nature means actual revenue could vary. The continuation of Planet's involvement in the CSDA program also suggests strong product performance and customer satisfaction, which could positively impact future growth prospects and investor sentiment.

Planet's continued participation in NASA's CSDA program underscores the growing importance of commercial satellite data in Earth observation. The company's constellation of hundreds of Dove satellites, capturing daily high-resolution imagery, provides a unique dataset that complements traditional government satellite programs. This capability is particularly valuable for monitoring rapid changes in climate, biodiversity and disaster responses. The contract extension indicates that Planet's PlanetScope imagery has proven its worth to NASA researchers. The potential inclusion of additional Planet products in the contract suggests ongoing innovation and product development, which could strengthen the company's competitive position in the Earth observation market.

The renewal of Planet's involvement in NASA's CSDA program highlights the critical role of frequent, high-resolution Earth imagery in environmental research. With PlanetScope capturing an average of 2,700 images for every point on Earth's landmass, researchers gain unprecedented insight into rapid environmental changes. This data is invaluable for studying climate change impacts, biodiversity loss and disaster responses. The contract's duration until 2028 ensures long-term data continuity, which is important for tracking environmental trends. As global focus on climate change intensifies, Planet's data will likely become increasingly valuable to both researchers and policymakers, potentially opening up new market opportunities beyond the scientific community.

SAN FRANCISCO--(BUSINESS WIRE)-- Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its Planet Federal subsidiary was selected for the NASA Commercial SmallSat Data Acquisition Program (CSDA) On-Ramp1 Multiple Award contract in order to provide commercial data in support of the agency’s Earth science research.

The fixed-price, indefinite-delivery/indefinite-quantity, multiple-award contract has a performance period through Nov. 15, 2028. The maximum potential value of the multiple-awards under the IDIQ, cumulatively among all contractors selected, is $476 million.

Planet has been a proud member of the CSDA program since its inception. Through this contract with Planet Federal, the company has the opportunity to continue providing NASA with its industry-leading PlanetScope imagery and the ability for NASA researchers to access additional Planet products, including continued access to Planet’s robust archive. Using data from Planet’s constellation of hundreds of Dove satellites, PlanetScope images the Earth in high-resolution daily – and has collected more than 2,700 images on average for every point on Earth’s landmass. Through the CSDA program, this data has been utilized across a wide range of applications, including monitoring climate change, biodiversity loss, disaster responses, and more.

“Planet and NASA have a long history of collaboration, particularly since our founding team – myself included – got our starts there. NASA pioneered the use of commercial data to support pivotal research that has advanced climate science, glaciology, and more – and it is this spirit of leveraging space and human ingenuity to improve life on Earth that informs Planet’s mission to this day,” said Will Marshall, co-founder and CEO of Planet. “We’re proud to continue building this legacy and making Planet data available to researchers across the country through our ongoing partnership together, and are excited to expand on this important work for another four years to come.”

The CSDA program is a cost-effective means to complement the suite of Earth observations collected by NASA and other agencies, as well as international partners, with improved spatial resolutions, increased temporal frequencies, and other novel capabilities to unlock emerging scientific research to better understand our changing planet and drive more actionable decisions.

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’.

Planet Press

Claire Bentley Dale

comms@planet.com

Planet Investor Relations

Cleo Palmer-Poroner

ir@Planet.com

Source: Planet

FAQ

What is the duration of Planet's new NASA CSDA contract?

The NASA Commercial SmallSat Data Acquisition (CSDA) Program contract with Planet runs through November 15, 2028.

What is the maximum potential value of the NASA CSDA contract for PL stock?

The maximum potential value of the multiple-awards under the IDIQ contract, shared among all selected contractors, is $476 million.

How many images does Planet's PlanetScope capture of Earth's landmass?

Planet's PlanetScope captures an average of over 2,700 images for every point on Earth's landmass.

What applications will Planet's data support through the NASA CSDA program?

Planet's data will support applications including monitoring climate change, biodiversity loss, disaster responses, and other Earth science research.

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