Planet Labs: Google Partner for AI in Space Has Great Potential
The 3rd quarter delivers a record revenue with +33%
Project Suncatcher plans two prototypes for early 2027
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Planet Labs (PL) is already launching high-resolution Earth observation satellites into orbit with its Pelican fleet, which can perform image processing directly in space using NVIDIA GPUs. Demand in the defense & intelligence sector is increasing, where growth accelerated to 73% in the last quarter, and the order backlog has more than tripled, particularly due to contracts from the US government. The space megatrend is hot, with Citi analysts predicting that after analyzing 24 stocks in the aerospace sector, at least one company could achieve...
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