Planet Federal Signs Contract Extension With National Reconnaissance Office

SAN FRANCISCO (Planet Labs PR) — Today, we are excited to share that our wholly owned subsidiary, Planet Federal, expanded our contract with the National Reconnaissance Office (NRO) to provide the Department of Defense and Intelligence Community with continued access to Planet’s daily, unclassified satellite data. This contract modification expands NRO’s current access to now include monitoring over new areas of interest. 

The extension also includes continued integration efforts to make Planet’s deep archive – dating back to 2009 – and daily satellite data, available to NRO users through their Commercial GEOINT Integration (CGI) architecture. While Planet’s high-resolution SkySat data is already available through the CGI architecture, incorporating our medium-resolution PlanetScope data into the same system enables faster decision-making by providing users with data in a more user-friendly fashion. 

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Net Zero Space Declaration Nets 11 Signatories

The scales of the space debris problem (Credit: ESA)

Eleven space stakeholders have pledged themselves to avoiding the future generation of space debris and remediating the junk that is already clogging up Earth orbit by signing the Net Zero Space Declaration last week.

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New Shepard Spaceflight Participant Glen de Vries Dies in Plane Crash

Entrepreneur Glen de Vries, who rode to space with “Star Trek” actor William Shatner aboard Blue Origin’s New Shepard vehicle on Oct. 13, was killed in the crash of a small plane in New Jersey on Thursday.

Media reports say de Vries died in the crash of a single-engine Cessna 172 near a state park in Lake Kermah, Hampton Township. New Jersey aviation company owner Thomas Fischer also died in the crash.

“We are devastated to hear of the sudden passing of Glen de Vries. He brought so much life and energy to the entire Blue Origin team and to his fellow crewmates. His passion for aviation, his charitable work, and his dedication to his craft will long be revered and admired,” Blue Origin tweeted.

De Vries, 49, was vice chairman of life sciences and healthcare at Dassault Systèmes, parent corporation of Medidata Solutions. DeVries co-founded Medidata.

De Vries and Shatner flew to suborbital space with Planet Labs Co-founder Chris Boshuizen and Blue Origin Vice President of Operations Audrey Powers. The flight, launched from the company’s west Texas base, reached an altitude of 107 km (66.5 miles) and lasted 10 minutes 17 seconds.

Planet To Acquire VanderSat To Deliver Advanced Agriculture Data Products To Customers

SAN FRANCISCO (Planet Labs PR) — We are excited to announce that Planet has entered into an agreement to acquire VanderSat, a leading provider of advanced earth data and analytics. Vandersat’s innovative products help customers better measure and understand water management and crop health in major markets. Planet intends to leverage VanderSat’s technologies and products in further pursuit of bringing to market next-generation solutions that combine the best of commercial and public satellite data to provide clear and actionable information to help industries, non-profits, and governments around the world.

VanderSat has world-class expertise in providing insights to customers by drawing from NASA, ESA and JAXA satellite data, and has built a suite of novel products that report on key conditions on the Earth’s surface, like soil moisture, land surface temperature, vegetation optical depth, and biomass. VanderSat’s unique algorithms deliver daily, global data products with great accuracy, unhindered by changing cloud-cover and atmospheric conditions. 

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Planet Announces Virtual Investor Day

SAN FRANCISCO (Planet Labs PR) — Planet Labs Inc. (“Planet”), a leading provider of daily data and insights about Earth, today announced that it will host a Virtual Investor Day on November 18th starting at 11:00 am Eastern Time / 8:00 am Pacific Time. Earlier this year, Planet entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE: DMYQ) (“dMY IV”), a special purpose acquisition company, to become a publicly traded company later this year.

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Planet Announces Effectiveness of dMY IV’s S-4 Registration Statement

Special Meeting of dMY Technology Group, Inc. IV Stockholders to Approve Business Combination, Scheduled for December 3rd, 2021

Upon Closing, the Combined Company’s Common Stock and Warrants are Expected to Trade on the New York Stock Exchange Under the Tickers “PL” and “PL WS”, respectively

SAN FRANCISCO, November 08, 2021 (Planet Labs PR)–Planet Labs Inc. (“Planet”), a leading provider of daily data and insights about Earth, today announced that, on November 5, 2021, the Securities and Exchange Commission (“SEC”) declared effective the Registration Statement on Form S-4 (“Registration Statement”) in connection with its proposed business combination (the “Business Combination”) with dMY Technology Group, Inc. IV, a publicly traded special purpose acquisition company (NYSE: DMYQ) (“dMY IV”).

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Planet Introduces New High Resolution Pelican Satellites And Fusion With SAR

SAR enabling advanced imaging of areas previously obscured by cloud cover over Eksel, Belgium (Credit: © 2021, Planet Labs Inc. All Rights Reserved)

SAN FRANCISCO (Planet Labs PR) — This morning at our Explore 2021 user conference, we announced two major new products: Pelican, a next-generation fleet of satellites for very high resolution imagery that will begin launching next year and be operational in 2023, and Fusion with SAR, a cutting-edge data enhancement to our existing Fusion Monitoring product. 

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Bloomberg Philanthropies, Partners Announce Carbon Mapper Accelerator Program

Carbon Mapper

New funding builds on a unique partnership between Bloomberg Philanthropies, Carbon Mapper, Planet, the State of California, NASA Jet Propulsion Laboratory, the University of Arizona, Arizona State University (ASU), High Tide Foundation, and RMI to develop and deploy a constellation of satellites to help tackle potent methane emissions.

Investment will deliver powerful, advanced emissions data in support of the newly signed Global Methane Pledge 

NEW YORK and SAN FRANCISCO (Bloomberg Philanthropies PR) – Today, Bloomberg Philanthropies, Carbon Mapper, and partners announced the Carbon Mapper Accelerator program, to accelerate the deployment of emerging remote sensing technologies needed to effectively pinpoint, quantify, and diagnose sources of high-emission methane and carbon dioxide (CO2) globally. The new initiative provides immediate support to governments committed to the Global Methane Pledge, an unprecedented agreement led by the United States and the European Union to reduce global methane emissions by 30% by 2030, which yesterday gained 24 new country signatories.

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Planet And DMY IV Announce Upsized PIPE – Additional $50 Million From CPP Investments

  • New commitments bring total raised from PIPE from $200 million to more than $250 million
  • Fully committed PIPE transaction is in conjunction with Planet’s agreement to become a publicly traded company through merger with dMY IV

SAN FRANCISCO (Planet Labs PR) — Planet Labs Inc. (“Planet”), a leading provider of daily data and insights about Earth, and dMY Technology Group, Inc. IV (NYSE:DMYQ) (“dMY IV”), a special purpose acquisition company, today announced that they have received a commitment for a US$50 million investment in dMY IV from Canada Pension Plan Investment Board (“CPP Investments”). Together with CPP Investments, Cypress Point Investment Management (“Cypress Point”) participated in a co-investment.

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Planet Reports Second Quarter Financial Results and Reaffirms Full Year Outlook

  • Delivers Record Second Quarter Revenue of $30.4 Million, Up 19% YoY
  • Reiterates $130 million Revenue Outlook for Fiscal Year 2022

SAN FRANCISCO (Planet Labs PR)–Planet Labs Inc. (Planet” or the “Company), a leading provider of daily data and insights about Earth, today announced financial results for its second fiscal quarter ended July 31, 2021, highlighting the continued momentum of its unique data subscription business. Earlier this year, Planet entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE: DMYQ) (“dMY IV”), a special purpose acquisition company, to become a publicly traded company later this year (the “Business Combination”).

Second Quarter FY2022 Highlights

  • Q2 Revenue increased 19% year-over-year to $30.4 million.
  • Percent of Recurring ACV was 93%, as compared to 92% in the year ago comparable quarter
  • End of Period (EoP) Customer Count increased 36% year-over-year to 732 customers
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Planet Signs Multi-Year, Multi-Launch Rideshare Agreement With SpaceX

Falcon 9 launches the Transporter-2 mission. (Credit: SpaceX)

SAN FRANCISCO (Planet PR) — We’re thrilled to announce a multi-year, multi-launch agreement with SpaceX, solidifying them as our go-to-launch provider through the end of 2025. SpaceX’s Falcon 9 is the world’s most reliable and frequently-flown rocket that offers low-cost rideshare services, making SpaceX a natural choice for us. The first planned launch under this agreement is Flock 4x, 44 SuperDoves on the Falcon 9 Transporter-3 SSO rideshare mission scheduled for launch December 2021.

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NASA Expands Earth Observation Satellite Data Access for Federal Science Agencies

This Copernicus Sentinel-3 image features Hurricane Dorian as it pummels the Bahamas on 2 September 2019 at 15:16 GMT (11:16 EDT). (Credit: ESA)

WASHINGTON (NASA PR) — NASA has expanded its contract with two space-based imagery companies, Planet and Spire Global, to broaden access to Earth imagery data and enable scientific research across the federal government. Broader access to this satellite data will help answer questions about how Earth is changing and how those changes may impact people and communities.

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Planet to Become Publicly Traded Company through Merger with dMY IV

  • Planet is an Earth data and analytics company, producing 25 terabytes of data per day from approximately 200 satellites – the largest Earth imaging satellite fleet ever
  • Planet’s proprietary data powers a high growth subscription business with over $100 million in revenue in FY2021 from over 600 customers across many verticals
  • In addition to $345 million in dMY IV’s trust account (assuming no redemptions), transaction includes $200 million fully committed PIPE led by funds and accounts managed by BlackRock, with key participation including Koch Strategic Platforms and Marc Benioff’s TIME Ventures and existing Planet investor Google
  • Transaction values Planet at a post-transaction equity value of approximately $2.8 billion
  • Planet intends to use the proceeds from the transaction to expand its operations and services to enable a more sustainable and secure planet
  • Business combination expected to be completed later this year

SAN FRANCISCO, CA and NEW YORK, NY July 7, 2021 – Planet Labs Inc. (“Planet”), a leading provider of daily data and insights about Earth, and dMY Technology Group, Inc. IV (NYSE: DMYQ) (“dMY IV”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement under which Planet will become a publicly-traded company. Upon closing, the combined company will retain the Planet name and be listed on the NYSE under the ticker symbol “PL.” The transaction values Planet at a post-transaction equity value of approximately $2.8 billion.

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Launch 2020: U.S. Reclaimed Top Spot, Flew Astronauts Again from American Soil

A SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft is launched from Launch Complex 39A on NASA’s SpaceX Demo-2 mission to the International Space Station with NASA astronauts Robert Behnken and Douglas Hurley aboard, Saturday, May 30, 2020, at NASA’s Kennedy Space Center in Florida (Credit: NASA/Bill Ingalls & Joel Kowsky)

by Douglas Messier
Managing Editor

The United States reclaimed the top spot in launches from China last year as NASA astronauts flew into orbit from American soil for the first time in nearly nine years, SpaceX deployed the world’s first satellite mega-constellation with reused rockets, and two new launchers debuted with less than stellar results.

American companies conducted 44 launches in 2020, with 40 successes and four failures. Bryce Tech reports that U.S. companies accounted for 32 of the 41 commercial launches conducted last year. The majority of those flights were conducted by SpaceX, which launched 25 orbital missions.

China came in second with a record of 35 successful launches and four failures. The 39 launch attempts tied that nation’s previous record for flights during a calendar year.

Let’s take a closer look at what U.S. companies achieved last year.

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Hydrosat Raises $5M to Take on Climate Change from Space

Funding Led by Cultivation Capital to Power First Space Mission

WASHINGTON (Hydrosat PR) — Hydrosat, a company creating an infrared satellite constellation, announced that it raised a $5 million seed round led by Cultivation Capital, bringing its total raised to date to over $10 million. The round was led by Cultivation Capital with participation by Freeflow Ventures, the Yield Lab, Expon Capital, Techstars, Industrious Ventures, and Synovia Capital.

Hydrosat is flying a multi-spectral and thermal infrared mission with Loft Orbital on a SpaceX Falcon 9 in 2022. The company plans to launch an additional 16-satellite constellation with the capacity to scan the entire globe on a daily basis, generating science quality infrared data and an analytics-ready land surface temperature product.

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