Latest news with #BKG
Yahoo
06-05-2025
- Business
- Yahoo
Planet Signs 7-Figure Contract Expansion with the German Government, Enabling Land and Water Management from Space
BERLIN, May 06, 2025--(BUSINESS WIRE)--Planet Labs Germany GmbH, a leading provider of daily data and insights about Earth, today announced the German Federal Ministry of the Interior and Community (BMI) and the German Federal Agency for Cartography and Geodesy (BKG) have signed a seven-figure contract with Planet with a one year term and an option to renew for two more years. The deal includes a fixed rate of all of Planet's data products over Germany, including insights from Planetary Variables, water monitoring services from Planet's partner EOMAP and access to Planet's Insights Platform. This data will inform a variety of use cases, including monitoring water, forests, agriculture, socio-economics, and land-use, and support federal monitoring campaigns and environmental assessments. "Germany's topography is incredibly diverse, including agricultural land, forests, rivers and mountains, making Planet's broad area monitoring capabilities invaluable to understand daily changes," said Martin Polak, Managing Director of Planet Labs Germany GmbH. "BKG recognized this opportunity and has since demonstrated the value of centralized EO data to support initiatives across different federal agencies." Since the partnership began in November 2021, employees of all federal institutions have direct access to Planet insights, enabling them to streamline workflows and reduce expenses. Users are all German Federal Government entities and select federal state entities. "Planet's near-daily data is key to inform ministries across the German government, including the Ministry of the Interior and Community and the Ministry of Food and Agriculture," said Julia Kluge, Section Head of the Federal Service Point of Remote Sensing at BKG. "By centralizing this data within one institution, all federal organizations benefit from the insights to inform their individual projects. This is a success story, increasing resource-sharing, reducing costs and ensuring all agencies have access to critical daily insights about our changing planet." Germany continues to be a key market for Planet, with its European headquarters based in Berlin. This expansion continues Planet's growth across the public and private sectors in Germany, demonstrating the importance of space-based data in government and corporate decision-making. About Planet Planet Labs Germany GmbH is part of the Planet group and is based at Planet's European headquarters in Berlin. Planet Labs PBC (NYSE: PL) is the parent company of the Planet group with global headquarters in San Francisco, USA. 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 Labs PBC is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit and follow us on X (formerly Twitter) or tune in to HBO's 'Wild Wild Space'.
Business Wire
06-05-2025
- Business
- Business Wire
Planet Signs 7-Figure Contract Expansion with the German Government, Enabling Land and Water Management from Space
BERLIN--(BUSINESS WIRE)-- Planet Labs Germany GmbH, a leading provider of daily data and insights about Earth, today announced the German Federal Ministry of the Interior and Community (BMI) and the German Federal Agency for Cartography and Geodesy (BKG) have signed a seven-figure contract with Planet with a one year term and an option to renew for two more years. The deal includes a fixed rate of all of Planet's data products over Germany, including insights from Planetary Variables, water monitoring services from Planet's partner EOMAP and access to Planet's Insights Platform. This data will inform a variety of use cases, including monitoring water, forests, agriculture, socio-economics, and land-use, and support federal monitoring campaigns and environmental assessments. 'Germany's topography is incredibly diverse, including agricultural land, forests, rivers and mountains, making Planet's broad area monitoring capabilities invaluable to understand daily changes,' said Martin Polak, Managing Director of Planet Labs Germany GmbH. 'BKG recognized this opportunity and has since demonstrated the value of centralized EO data to support initiatives across different federal agencies.' Since the partnership began in November 2021, employees of all federal institutions have direct access to Planet insights, enabling them to streamline workflows and reduce expenses. Users are all German Federal Government entities and select federal state entities. 'Planet's near-daily data is key to inform ministries across the German government, including the Ministry of the Interior and Community and the Ministry of Food and Agriculture,' said Julia Kluge, Section Head of the Federal Service Point of Remote Sensing at BKG. 'By centralizing this data within one institution, all federal organizations benefit from the insights to inform their individual projects. This is a success story, increasing resource-sharing, reducing costs and ensuring all agencies have access to critical daily insights about our changing planet.' Germany continues to be a key market for Planet, with its European headquarters based in Berlin. This expansion continues Planet's growth across the public and private sectors in Germany, demonstrating the importance of space-based data in government and corporate decision-making. About Planet Planet Labs Germany GmbH is part of the Planet group and is based at Planet's European headquarters in Berlin. Planet Labs PBC (NYSE: PL) is the parent company of the Planet group with global headquarters in San Francisco, USA. 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 Labs PBC is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit and follow us on X (formerly Twitter) or tune in to HBO's 'Wild Wild Space'.
Yahoo
24-04-2025
- Business
- Yahoo
Is It Too Late To Consider Buying The Berkeley Group Holdings plc (LON:BKG)?
The Berkeley Group Holdings plc (LON:BKG), is not the largest company out there, but it saw a decent share price growth of 15% on the LSE over the last few months. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Let's examine Berkeley Group Holdings's valuation and outlook in more detail to determine if there's still a bargain opportunity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, Berkeley Group Holdings seems to be fairly priced at around 6.4% below our intrinsic value, which means if you buy Berkeley Group Holdings today, you'd be paying a reasonable price for it. And if you believe the company's true value is £42.54, then there's not much of an upside to gain from mispricing. Although, there may be an opportunity to buy in the future. This is because Berkeley Group Holdings's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. Check out our latest analysis for Berkeley Group Holdings Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. However, with a negative profit growth of -13% expected over the next couple of years, near-term growth certainly doesn't appear to be a driver for a buy decision for Berkeley Group Holdings. This certainty tips the risk-return scale towards higher risk. Are you a shareholder? BKG seems fairly priced right now, but given the uncertainty from negative returns in the future, this could be the right time to de-risk your portfolio. Is your current exposure to the stock optimal for your total portfolio? And is the opportunity cost of holding a negative-outlook stock too high? Before you make a decision on the stock, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping tabs on BKG for a while, now may not be the most advantageous time to buy, given it is trading around its fair value. The price seems to be trading at fair value, which means there's less benefit from mispricing. In addition to this, the negative growth outlook increases the risk of holding the stock. However, there are also other important factors we haven't considered today, which can help gel your views on BKG should the price fluctuate below its true value. If you'd like to know more about Berkeley Group Holdings as a business, it's important to be aware of any risks it's facing. While conducting our analysis, we found that Berkeley Group Holdings has 1 warning sign and it would be unwise to ignore it. If you are no longer interested in Berkeley Group Holdings, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
