1. Planet Labs successfully launched Pelican-5, Pelican-6, and 36 SuperDoves. 2. New satellites will enhance resolution to 40 cm across six multispectral bands. 3. NVIDIA's AI platform onboard enables rapid delivery of insights to customers. 4. Planet plans further satellite launches in 2026 to improve resolution up to 30 cm. 5. The launch strengthens Planet's position in the satellite data market.
The successful launch expands Planet's capabilities, likely increasing market demand for its services. Historically, advancements in technology and capacity often correlate with stock price increases, such as improvements seen in competitors following similar launches.
The launch represents a significant technological upgrade with potential revenue implications. Moves by tech-driven leaders in satellite imaging can heavily influence investor confidence.
The expansion in capability positions Planet for growth in a competitive market. As new satellites become operational, expected revenue from enhanced services will drive valuations over time.
Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about change on Earth, today announced the successful launch of its AI-enabled, high-resolution Pelican-5 and Pelican-6 satellites, along with 36 SuperDoves of Flock 4H. Planet's satellites were launched to orbit on the Transporter-15 rideshare mission with SpaceX from Vandenberg Space Force Base in California. Planet has begun the commissioning process for Pelican-5 and Pelican-6 after successfully making contact.
Pelican-5 and Pelican-6 are the latest additions to Planet's fleet of next-generation tasking satellites, joining Pelicans 1 through 4. The 36 SuperDoves join Planet's existing monitoring fleet, supporting Planet's flagship daily, global PlanetScope mission. Planet plans to launch additional Pelicans and SuperDoves next year.
The launch of Pelican-5 and Pelican-6 marks the latest expansion of Planet's Gen 1 Pelican satellite fleet. These new satellites are designed to capture 40 cm class resolution imagery across six multispectral bands, which are optimized for seamless cross-sensor analysis. After completing commissioning, they will join the existing Gen 1 Pelicans in supporting the ongoing delivery of Planet's 50 cm products.
Pelicans 5 and 6 feature NVIDIA's Jetson AI platform onboard to facilitate edge computing, enabling the delivery of rapid insights directly to customers. Looking ahead, Planet plans to launch its next generation of Pelican satellites in 2026 that will be designed to achieve up to 30 cm-class resolution.
Learn more about Pelican's capabilities here.
About Planet Labs PBC
Planet is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites. Planet provides mission-critical data, advanced insights, and software solutions to customers comprising the world's leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on X, LinkedIn, or tune in to HBO's ‘Wild Wild Space'.
Forward-looking Statements
Certain statements contained in this press release are "forward-looking statements" about Planet within the meaning of the securities laws, including statements about the expansion of the high resolution capacity of Planet's fleet, the delivery of such capacity to Planet customers, and the Company's ability to realize any of the potential benefits from product and satellite launches, either as designed, within the expected time frame, in a cost-effective manner, or at all. Such statements, which are not of historical fact, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Planet's filings with the Securities and Exchange Commission. Planet does not undertake an obligation to update its forward-looking statements to reflect future events, except as required by applicable law.
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Planet Press
Emily Lewis Benz
press@planet.com
Planet Investor Relations
Cleo Palmer-Poroner
ir@Planet.com