Planet Signs 8-Figure Contract Renewal with International Defense and Intelligence Customer

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced an 8-figure contract renewal with a longstanding international defense and intelligence customer for high-resolution imagery.

This renewed agreement will provide the customer with access to Planet’s Pelican and SkySat assured tasking capabilities, enabling critical, timely monitoring and intelligence gathering in key areas of interest.

“We continue to see significant demand from our global defense and intelligence customers, who rely on Planet’s unique capabilities to gain timely and actionable insights,” said Ashley Johnson, President and CFO of Planet. “Our high-resolution constellations provide the precision and agility these customers need to make informed decisions and maintain situational awareness in an increasingly complex global landscape.”

This contract builds upon Planet’s continued growth in the defense sector, following announcements earlier this year with the German government, NATO, the U.S. Department of Defense, U.S. Navy and U.S. National Geospatial-Intelligence Agency.