Pivotal-Point Tracking Planet Labs (PL): Space Data and AI Analytics as Growth Drivers - Global Crises and Climate Change Increase the Demand for Precise Geospatial Data!
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Planet Labs provides daily satellite images of the entire Earth's surface. The company was able to increase its revenue in the third quarter year-over-year by 33% while simultaneously reducing operational losses. With a fleet of over 200 satellites, Planet Labs collects data for customers in agriculture, defense, and environmental protection. Particularly positive is the increase in multi-year contracts with government organizations, which now secure over 50% of revenues and provide high planning security. Planet Labs benefits significantly from...
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