NYSE:PLProfessional Services
Planet Labs (PL) Is Up 10.6% After Swedish Defense Satellite Deal - Has The Bull Case Changed?
Earlier this month, Planet Labs PBC announced a multi-year, low nine-figure agreement with the Swedish Armed Forces for sovereign satellites, high-resolution data access, and space-based awareness solutions, marking its third satellite services contract in twelve months.
This deal, alongside the forthcoming Owl constellation designed to deliver near-daily one-meter class imagery, reinforces Planet’s role as a key provider of advanced Earth observation infrastructure to allied...