Loading PL detail
Loading ticker data...
Loading PL detail
Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide.
The company offers Open Geospatial Consortium, a cloud-native proprietary technology that performs critical processing and overall harmonizing of images for time series and data fusion and analysis; and space-based hardware and related software systems. It serves agriculture, mapping, forestry, and finance and insurance, as well as federal, state, and local government bodies.
The company was incorporated in 2010 and is headquartered in San Francisco, California.
Chart data unavailable
Growing global connectivity bodes well for Zacks Satellite and Communication industry participants, such as SATS, PL and IRDM, amid macroeconomic volatility.
In the fast-moving world of high-growth tech stocks, headlines can be deceiving. Recently, news broke that Planet Labs PBC NYSE: PL, a powerhouse in the satellite imagery sector, had complied with a U.S. government request to halt its data feed over a conflict zone in the Middle East.
Investors are excited about this booming business with an explosive share price performance.
SAN FRANCISCO--(BUSINESS WIRE)--Following the announcement of a strategic initiative with NVIDIA, Planet Labs PBC (NYSE: PL) announced a landmark technical achievement: the successful deployment and execution of AI-driven object detection directly onboard its Pelican-4 satellite, paving the way toward on-orbit compute for rapid insights, a capability Planet calls Planetary Intelligence. On March 25th, 500km over Alice Springs, Australia, Planet's Pelican-4 captured an image of an airport, then.
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the shipment of three Pelican satellites to Vandenberg Space Force Base in California ahead of their launch aboard the upcoming CAS500/2 rideshare mission with SpaceX. By launching these satellites to orbit, Planet will further expand the Pelican fleet's industry-leading capabilities and rapid revisit rate, providing high-resolution, AI-enabled solutio.
The space industry is expected to grow significantly, with McKinsey estimating it could reach $1.8 trillion by 2035. AST SpaceMobile is building a satellite-based cellular broadband network and is partnering with mobile operators.
On Saturday, Planet Labs (NYSE: PL) told customers that it will stop providing satellite images of Iran and the Middle East conflict zone for an open-ended period.
Satellite imaging firm Planet Labs said on Saturday it will indefinitely withhold visuals of Iran and the region of conflict in the Middle East to comply with a request from the U.S. government.
JPMorgan Chase and Co. reduced its stake in shares of Planet Labs PBC (NYSE: PL) by 8.2% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 291,658 shares of the company's stock after selling 26,162 shares during the quarter. JPMorgan Chase
SpaceX could be the blockbuster IPO of 2026. Amazon may be looking to acquire a satellite network.
Planet Labs is up 10x over the past 12 months due to the momentum in its space imaging business. The company has signed partnerships with Alphabet and Nvidia.
Planet Labs' margin expansion gains momentum as subscription shift, automation and vertical integration boost efficiency despite rising costs.
PL trades at a steep premium despite strong growth, rising backlog, and government deals, raising questions about whether the stock is still worth buying.
Shares of space and aerospace companies rallied on Wednesday after a Reuters report said SpaceX confidentially filed for a US initial public offering, fueling optimism that the sector could be entering a new phase of growth.
SpaceX, long privately held, could soon go public via an IPO. Post-IPO, shares in other space stocks could benefit from greater bullish sentiment for the sector.
