Latest news with #PlanetLabsGermanyGmbH
Business Wire
01-07-2025
- Business
- Business Wire
Planet Awarded €240 Million Satellite Services Deal
BERLIN--(BUSINESS WIRE)--Planet Labs Germany GmbH, a leading provider of daily data and insights about Earth, today announced a multi-year €240 million agreement, funded by the German government, in support of European peace and security. Through the agreement, Planet will provide dedicated capacity and direct downlink services on Pelican satellites over specific European regions. This deal also includes access to PlanetScope and SkySat data, along with AI-enabled solutions for enhanced situational awareness and maritime domain awareness. Planet Labs Germany GmbH today announced a multi-year €240 million agreement, funded by the German government, in support of European peace and security. The contract will provide high-resolution imagery and timely intelligence via dedicated capacity on Pelican satellites, including those being built for our previously announced satellite services agreement. This satellite services 'dedicated capacity' model offers a cost-effective and efficient way for customers to gain access to advanced space-based capabilities without the operational complexities of building and maintaining their own satellite infrastructure. 'We are incredibly proud to expand our vital collaboration with Germany as they rapidly enhance and bolster regional peace and stability,' said Will Marshall, CEO and Co-Founder. 'With the changing geopolitical landscape, the demand for sovereign access to geospatial intelligence is more urgent than ever before, and Planet's satellite services model is uniquely designed to enable large area security monitoring. With over 600 Earth imaging satellites built and deployed, and its agile aerospace approach, Planet's unparalleled experience empowers customers to achieve their critical monitoring needs for peace and security with confidence, quickly and cost effectively.' This strategic initiative underscores Planet's commitment to delivering high-performance satellite solutions that meet the evolving needs and increasing demand of its global network of customers. Planet is uniquely equipped to deliver on the complex and immediate needs of governments, combining a proven track record of hundreds of operational satellites, efficient satellite manufacturing, and constellation-scale operations to deliver best-in-class capabilities at a competitive price point. 'With a long history in Germany, Planet Labs Germany GmbH in Berlin proudly serves as our European headquarters,' said Martin Polak, Managing Director of Planet Labs Germany GmbH. 'Our talented European team plays a crucial role, contributing significantly to the global management of Planet's constellation and driving our extensive business across the EMEA region. This agreement powerfully underscores the unique value we deliver to Germany's long-term security interests. We are proud to deliver the space-based information and tools that Europe urgently needs at this critical time.' Building on Planet's recent and pivotal agreement with NATO, this further solidifies Planet's position as a trusted and essential partner for customers seeking to bolster their strategic capabilities. These agreements across Europe reflect a global imperative for enhanced daily monitoring, early warning and responsive space capabilities, as governments navigate a complex and rapidly shifting geopolitical landscape. This contract will leverage satellites already under development. Planet expects to begin recognizing revenue in January 2026, ramping up over several years. As a result, Planet is not updating its previously issued financial guidance for this fiscal year, which was provided on June 4, 2025. 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 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'. Forward-looking Statements Certain statements contained in this press release are 'forward-looking statements' about Planet within the meaning of the securities laws, including statements about Planet's future cash flows and revenue, Planet's strategic partnerships, the expansion of the high resolution capacity of Planet's fleet and the delivery of such capacity to Planet customers, and Planet's future growth in new and existing markets. Such statements, which are not of historical fact, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Planet's filings with the Securities and Exchange Commission. Planet does not undertake an obligation to update its forward-looking statements to reflect future events, except as required by applicable law.
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
28-01-2025
- Business
- Yahoo
Planet Signs Deal with European Space Agency (ESA), Joining the Copernicus Contributing Missions
SAN FRANCISCO, January 28, 2025--(BUSINESS WIRE)--Planet Labs Germany GmbH, a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year contract with the European Space Agency (ESA). Through this contract, Planet joins the Copernicus Contributing Missions, officially contributing commercial satellite data alongside ESA's Sentinel satellite data to the Copernicus services. Through this contract, Planet's near-daily PlanetScope satellite imagery and high-resolution SkySat imagery will serve as complementary data to ESA's existing, robust data offerings, ensuring geospatial analysts can meet their broad range of data needs. This deal highlights how ESA has expanded its data portfolio with diverse, emerging commercial data provided by New Space companies. "We have a long history of working with ESA, and we're honored to continue to support the Copernicus Program as a Contributing Mission with our PlanetScope and SkySat constellations," said Massimiliano Vitale, Planet Senior Vice President of Tasking Products. "Europe has demonstrated global leadership in Earth observation innovation, and we're thrilled to see their continued investment in commercial space companies from the region." Prior to this contract, Planet has worked in collaboration with ESA for a decade, contributing to both Copernicus and the ESA Third Party Mission programme, supporting novel scientific research and the development of new commercial services through the ESA Earthnet Programme. Through this, researchers and innovative companies located in the territory of ESA and the European Commission Member States were able to leverage Planet's PlanetScope, SkySat, and RapidEye imagery for a range of disciplines, including land use monitoring and climate change research. Planet Planet Labs PBC (NYSE: PL) is the parent company of the Planet group with global headquarters in San Francisco, USA. Planet Labs Germany GmbH is part of the Planet group and is based at Planet's European headquarters in Berlin. 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 Labs PBC is listed on the New York Stock Exchange as PL. To learn more visit and follow us on X (Twitter). View source version on Contacts Planet PressLauren Neville Cottrellcomms@ Planet Investor RelationsCleo Palmer-Poronerir@
