Planet Signs Deal with European Space Agency, Enabling Greek Government to Expand National Space Services
Planet Labs PBC (NYSE: PL) has signed a new contract with the European Space Agency to support the Greek National SmallSat Programme, funded by the Recovery and Resilience Fund Greece 2.0. The agreement enables Greece to utilize Planet's PlanetScope data for developing downstream services for their national satellite program.
The Hellenic Space Center will coordinate Planet's satellite data integration across downstream projects. PlanetScope provides near-daily Earth landmass scanning at 3-meter resolution, offering a decade-long historical archive of Earth observation data.
This partnership aims to accelerate innovation in Greece's national space services and ensure effective integration with their national space assets. The contract was made possible through ESA's Third Party Mission programme, adding to Planet's growing portfolio of international government partnerships.
Planet Labs PBC (NYSE: PL) ha firmato un nuovo contratto con l'Agenzia Spaziale Europea per supportare il Programma Nazionale Greco SmallSat, finanziato dal Recovery and Resilience Fund Greece 2.0. L'accordo consente alla Grecia di utilizzare i dati di PlanetScope di Planet per sviluppare servizi a valle per il loro programma satellitare nazionale.
Il Centro Spaziale Ellenico coordinerà l'integrazione dei dati satellitari di Planet nei progetti a valle. PlanetScope fornisce scansioni della massa terrestre quasi quotidiane con una risoluzione di 3 metri, offrendo un archivio storico di dati di osservazione della Terra lungo un decennio.
Questa partnership mira ad accelerare l'innovazione nei servizi spaziali nazionali della Grecia e garantire un'integrazione efficace con i loro asset spaziali nazionali. Il contratto è stato reso possibile grazie al programma Missione di Terze Parti dell'ESA, che si aggiunge al crescente portafoglio di partnership governative internazionali di Planet.
Planet Labs PBC (NYSE: PL) ha firmado un nuevo contrato con la Agencia Espacial Europea para apoyar el Programa Nacional Griego SmallSat, financiado por el Fondo de Recuperación y Resiliencia Grecia 2.0. El acuerdo permite a Grecia utilizar los datos de PlanetScope de Planet para desarrollar servicios a nivel nacional para su programa de satélites.
El Centro Espacial Helénico coordinará la integración de los datos satelitales de Planet en proyectos a nivel nacional. PlanetScope ofrece escaneos casi diarios de la masa terrestre con una resolución de 3 metros, proporcionando un archivo histórico de datos de observación de la Tierra de una década.
Esta asociación tiene como objetivo acelerar la innovación en los servicios espaciales nacionales de Grecia y asegurar una integración efectiva con sus activos espaciales nacionales. El contrato fue posible gracias al programa de Misión de Terceros de la ESA, que se suma al creciente portafolio de asociaciones gubernamentales internacionales de Planet.
Planet Labs PBC (NYSE: PL)는 그리스 회복 및 회복력 기금 Greece 2.0으로 자금을 지원받는 그리스 국가 소형 위성 프로그램을 지원하기 위해 유럽 우주국과 새로운 계약을 체결했습니다. 이 계약은 그리스가 국가 위성 프로그램을 위한 다운스트림 서비스 개발을 위해 Planet의 PlanetScope 데이터를 활용할 수 있도록 합니다.
헬레닉 우주 센터는 다운스트림 프로젝트 전반에 걸쳐 Planet의 위성 데이터 통합을 조정할 것입니다. PlanetScope는 3미터 해상도로 거의 매일 지구 육지를 스캔하여 10년 동안의 지구 관측 데이터 역사 기록을 제공합니다.
이번 파트너십은 그리스의 국가 우주 서비스에서 혁신을 가속화하고 국가 우주 자산과의 효과적인 통합을 보장하는 것을 목표로 합니다. 이 계약은 ESA의 제3자 임무 프로그램을 통해 가능해졌으며, Planet의 국제 정부 파트너십 포트폴리오를 더욱 확장하고 있습니다.
Planet Labs PBC (NYSE: PL) a signé un nouveau contrat avec l'Agence Spatiale Européenne pour soutenir le Programme National Grec SmallSat, financé par le Fonds de Récupération et de Résilience Grèce 2.0. Cet accord permet à la Grèce d'utiliser les données PlanetScope de Planet pour développer des services en aval pour leur programme national de satellites.
Le Centre Spatial Hellénique coordonnera l'intégration des données satellites de Planet dans les projets en aval. PlanetScope offre des scans quasi quotidiens de la masse terrestre avec une résolution de 3 mètres, fournissant une archive historique de données d'observation de la Terre sur une décennie.
Ce partenariat vise à accélérer l'innovation dans les services spatiaux nationaux de la Grèce et à garantir une intégration efficace avec leurs actifs spatiaux nationaux. Le contrat a été rendu possible grâce au programme de Mission de Tiers de l'ESA, ajoutant au portefeuille croissant de partenariats gouvernementaux internationaux de Planet.
Planet Labs PBC (NYSE: PL) hat einen neuen Vertrag mit der Europäischen Weltraumorganisation unterzeichnet, um das griechische nationale SmallSat-Programm zu unterstützen, das durch den Wiederaufbau- und Resilienzfonds Griechenland 2.0 finanziert wird. Die Vereinbarung ermöglicht es Griechenland, die PlanetScope-Daten von Planet zur Entwicklung von nachgelagerten Dienstleistungen für ihr nationales Satellitenprogramm zu nutzen.
Das Hellenische Raumfahrtzentrum wird die Integration der Satellitendaten von Planet in nachgelagerte Projekte koordinieren. PlanetScope bietet nahezu tägliche Scans der Erdoberfläche mit einer Auflösung von 3 Metern und bietet ein jahrzehntelanges historisches Archiv von Erdbeobachtungsdaten.
Diese Partnerschaft zielt darauf ab, Innovationen in den nationalen Raumfahrtservices Griechenlands zu beschleunigen und eine effektive Integration mit ihren nationalen Raumfahrtressourcen zu gewährleisten. Der Vertrag wurde durch das Drittanbieter-Missionsprogramm der ESA ermöglicht und erweitert das wachsende Portfolio internationaler Regierungskooperationen von Planet.
- Secured new government contract expanding international presence
- Integration with European Space Agency's Third Party Mission programme
- Access to Greek national space market through official partnership
- None.
Insights
Planet's new contract with the European Space Agency represents a significant strategic win for their government business development efforts in Europe. By providing PlanetScope data to support Greece's National SmallSat Programme, Planet is positioning itself as a valuable partner for nations developing sovereign space capabilities.
The technical capabilities being provided—daily global imaging at 3-meter resolution—plus a 10+ year historical archive creates substantial value for Greece's downstream service development. This dual-use approach (using commercial data to inform national capabilities) reflects the modern "hybrid" model of space infrastructure development where commercial providers supplement government systems.
What's particularly interesting is how Planet is executing on the "space renaissance" concept mentioned in the release—where commercial and government space sectors complement rather than compete with each other. This partnership could serve as a blueprint for Planet's engagement with other emerging national space programs globally.
The contract follows Planet's inclusion in ESA's Third Party Mission programme, suggesting their international credibility continues building momentum. When combined with their recent Japanese Space Agency contract, we're seeing a pattern of Planet successfully penetrating government markets worldwide, validating their Earth observation business model beyond purely commercial applications.
While financial terms remain undisclosed, this ESA/Greek government contract represents positive momentum in Planet's government sector strategy. Government contracts typically provide stable, predictable revenue streams with potential for expansion over time as use cases develop.
The deal's funding through the Recovery and Resilience Fund (RRF) Greece 2.0 suggests secure backing, reducing payment risk concerns. More importantly, this contract demonstrates Planet's expanding footprint in the government market segment, following their recent Japanese Space Agency partnership.
This contract fits Planet's strategy of diversifying beyond purely commercial customers to include more government clients, who often have longer commitment horizons and stable budgets. By enabling Greece to develop downstream services using their data, Planet could potentially create an ecosystem of applications that reinforces the value of their satellite data.
For investors, the key takeaway is Planet's demonstrated ability to convert their technical capabilities into contracted government business across multiple international markets. This helps validate their business development execution while potentially reducing customer concentration risk through geographic and sector diversification.
While likely modest relative to Planet's
Through this contract,
“The Hellenic Space Center (HSC) is coordinating the provision of Planet’s satellite data, optimizing tasking capabilities, and ensuring seamless integration across the downstream projects of the national satellite program,” said Dimitris Bliziotis, Earth Observation Officer of HSC.
“We are living through a global space renaissance where governments and commercial providers are working hand-in-hand to develop new innovation,” said Martin Polak, Planet’s Senior Director of Government Sales in EMEA. “We’re honored to have signed this contract to inform the new development of Greece’s national space services.”
The company’s PlanetScope satellite data provides a near-daily scan of all of Earth’s landmass at 3 meter resolution. With this high-cadence capture and broad area coverage, Planet offers a robust historical archive of Earth observation data, dating back over a decade, which can enable better, faster decision making by international governments and businesses worldwide.
“Access to Planet’s satellite data will provide valuable data and insights for the development and validation of our national downstream services. This will accelerate innovation and will ensure the effective integration with data from our national space assets,” said Professor Konstantinos Karantzalos, Secretary General of Telecommunications & Post, Ministry of Digital Governance.
Planet has provided their unique satellite data and services to international governments around the globe, securing contracts with ESA’s Third Party Mission programme, which has made this newest contract possible. They have also recently announced a contract with the Japanese Space Agency (through JSAT), to help provide satellite services and technological innovation.
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 approximately 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’.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250324988535/en/
Planet Press
Lauren Neville Cottrell
comms@planet.com
Planet Investor Relations
Cleo Palmer-Poroner
ir@planet.com
Source: Planet
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