An open letter by Planet co-founders, Will Marshall and Robbie Schingler
For the last ten years, Planet has raised concerns about the impact destructive anti-satellite weapons (ASATs) have on a healthy space ecosystem. ASATs threaten operations in Low Earth Orbit (LEO), jeopardize astronauts’ safety, and risk destroying satellites that provide critical services to humanity. They are irresponsible. Today, we want to shed light on this important issue and urge the United States Government to lead an international effort to prohibit the use of debris-creating anti-satellite weapons (ASATs).
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.
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”).
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.
State of California, NASA JPL, and Planet team up with University of Arizona, ASU, RMI, High Tide Foundation and Bloomberg Philanthropies in unique coalition to fight climate change
SAN FRANCISCO, April 15, 2021 (Carbon Mapper PR) — Carbon Mapper, a new nonprofit organization, and its partners – the State of California, NASA’s Jet Propulsion Laboratory (NASA JPL), Planet, the University of Arizona, Arizona State University (ASU), High Tide Foundation and RMI – today announced a pioneering program to help improve understanding of and accelerate reductions in global methane and carbon dioxide (CO2) emissions. In addition, the Carbon Mapper consortium announced its plan to deploy a ground-breaking hyperspectral satellite constellation with the ability to pinpoint, quantify and track point-source methane and CO2 emissions.
SAN FRANCISCO (Planet PR) — Today Planet successfully launched 88 Dove satellites to orbit—the largest satellite constellation ever to reach orbit. This is not just a launch (or a world record, for that matter!); for our team this is a major milestone. With these satellites in orbit, Planet will reach its Mission 1: the ability to image all of Earth’s landmass every day.