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Planet lands $230 million contract for Pelican imagery satellites | Global News Avenue

Animation rendering of the Pelicans satellite on the orbit.

planet

Satellite images and data analysis companies planet It was announced that it had signed a $ 230 million contract on Wednesday, and the customer of the anchor point further promoted the launch of its next -generation Pelicans satellite.

“This is a dynamic construction activity … … This is not only our biggest trading in history, but also an important step for us to enter this satellite service business,” Marshall, CEO of Planet, told CNBC.

Planet’s transaction will see it serving a company in the Asia -Pacific region. Planet said that customers will be determined in the future, but the company is described as a long -term partner. Marshall said the contract covered the “construction of a” satellite “and then operated the” several years “for five years.

“They can visit us in Asia (interested areas) in Asia (interested areas) in Asia, and then satellites launched for them in other parts of the world.”

Although the transaction did not change the previous guidelines for the fourth quarter of the Planet 2025 fiscal year, the company hopes that the company’s income of its balance sheet in 2026 fiscal year Acknowledged. Year.

In 2021, the planet running more than 200 satellites on the track Open the plan for High -power line of Pelicans satelliteEssence The constellation aims to replace the sled satellite obtained from Google in 2017, the constellation of as many as 32 Pelicans satellites. The company earlier this month NvidiaJetson Edge artificial intelligence platform used to improve data processing.

Marshall said: “We can only build a part of the finances (these 32 Pelicans satellites). Now we already have more financially, so our expansion is faster.”

Before the Pelicans announced, on Wednesday, Planet’s stock rose up to 8 % of stock transactions. The Star on Tuesday night announced a years of contract, the value of unknown value European Aerospace BureauEssence

Read more CNBC Space News

In addition, Marshall said that the Pelicans trading represents the entrance of the planet’s entering the satellite service market-actually selling its spacecraft as an adaptive base to specific customers. This is a planet’s first immersed in its market Tanager satellite product lineIt is the first to establish and deploy for non -profit organizations Carbon mapperEssence

“These customers are usually customers who have been working with them for many years, so they already know and trust our data and execution capabilities. They know that we have vertical integrated technology stacks, so they know that we can work and operate space. “Marshall said.

He added: “This is a synergy with our data business.”

planet Public public in Spac Boom in 2021Essence Like other space companies that were publicly listed at the time, Star Stocks fell steadily in the following years-the company’s stock was hit In missing income goals and Laborer layoff -B before the bouncing in 2024.

It is backward The best space purebred stock According to FACTSET data, Planet’s stock has doubled over the past year in the past year.

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