Planet Labs
Planet Labs (brand name Planet) is a San Francisco-based Earth observation satellite company founded in 2010 by three NASA scientists; it designs, builds and operates a constellation of imaging satellites and provides daily imagery data and analysis of Earth. The company is a public benefit corporation listed on the New York Stock Exchange under the ticker PL.
Contents7 sections
Key facts
2010Founding
December 7, 2021Going Public Through a SPAC Merger
The former Planet Labs Inc. completed a business combination with the blank check company dMY Technology Group, Inc. IV, which was renamed Planet Labs PBC, and its Class A common stock trades on the New York Stock Exchange under the symbol PL. The company released its first quarterly results as a listed company the following week.[3][1]
August 2024Launch of the Tanager-1 Hyperspectral Satellite
Tanager-1, the company’s first Tanager hyperspectral imaging satellite, was launched in August 2024. According to the annual report, Tanager was developed in collaboration with NASA’s Jet Propulsion Laboratory and sponsored by Carbon Mapper.[3]
September 3, 2026Second-Quarter Fiscal 2027 Results
Planet reported record second-quarter fiscal 2027 revenue of $116.1 million, up 58% year over year, and backlog of approximately $814.9 million at quarter end.[4]
As of October 2026: Satellite Constellation and Company Profile
The company website states its mission as imaging all of Earth’s landmass every day and making global change visible, accessible and actionable; it says the company has built and successfully deployed 450 satellites, currently operates more than 200 in orbit, and has offices in San Francisco, Berlin, Washington, D.C., London and elsewhere.[2]
Planet operates as a Delaware public benefit corporation whose stated public benefit is to accelerate humanity toward a more sustainable, secure and prosperous world by illuminating environmental and social change. The annual report says the company has about 1,000 employees working across 29 countries.[3]
Related Organizations, Websites, and Public Accounts
Planet Labs: Official website: https://www.planet.com/ (opens in a new window)[2]
X: Official account: https://x.com/planet (opens in a new window)[2]
LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Official account: https://www.linkedin.com/company/planet-labs/ (opens in a new window)[2]
YouTubeYouTubeYouTube is Google’s video-sharing and creator platform, founded in 2005 by Steve Chen, Chad Hurley, and Jawed Karim and acquired by Google in 2006. Built around video uploading, viewing, and creator earnings, the platform has developed Shorts, YouTube Music, Premium, YouTube TV, and products for children, and is headquartered in San Bruno, California, United States.Open the full entry: Official account: https://www.youtube.com/channel/UCiyS6coRsDQ17b3Kj9bl8jw (opens in a new window)[2]
Sources
- Planet Reports Financial Results for Third Quarter of Fiscal 2022 (opens in a new window)
- Company | Planet (opens in a new window)
- Planet Labs PBC Form 10-K for the fiscal year ended January 31, 2026 (opens in a new window)
- Planet Reports Financial Results for Second Quarter of Fiscal Year 2027 (opens in a new window)