Planet Exceeds Business Targets, Advancing Through 2020 with Momentum

Planet Labs

PR85097

 

SAN FRANCISCO, Aug. 12, 2020 /PRNewswire=KYODO JBN/ --

 

Planet (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=3193131124&u=https%3A%2F%2Fwww.planet.com%2F&a=Planet ),

operator of history's largest commercial fleet of satellites, today

announced that they doubled the amount of new business booked in the second

quarter of 2020 (Q2), compared to the same period a year ago. They're seeing an

increase of inbound interest and results indicate that remote sensing data is

critically important (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=294220405&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fhow-satellite-data-can-help-with-covid-19-and-beyond%2F&a=critically+important )

to industries when in-person travel is limited and personnel health and

safety is a top priority.

 

Logo - https://mma.prnewswire.com/media/271386/planet_labs_logo.jpg 

 

In the first half of 2020, Planet increased first-time customers by 21 percent,

compared to the same period in 2019. They saw over 100 percent year-over-year

growth across all product lines, with SkySat tasking (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=1201056302&u=https%3A%2F%2Fwww.planet.com%2Fproducts%2Fhi-res-monitoring%2F&a=SkySat+tasking ) achieving more than a 200 percent increase.

Planet is experiencing huge demand for their data by users in civil government

(https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=2544589133&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fcivil-government-expands-investment-in-high-frequency-satellite-imagery%2F&a=civil+government ),

forestry (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=3876637743&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Funfao-planet-sepal-collaboration-tropics-conservation%2F&a=forestry ), the U.S. federal government

(https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=717770241&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fnasa-expands-planet-contract-to-all-nasa-researchers%2F&a=U.S.+federal+government ), academia, and

international government (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=916090165&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fcopernicus-emergency-response-mapping%2F&a=international+government ).

These customers are using Planet's data to remotely and safely monitor

infrastructure, enforce code and permitting regulations, and track assets. They

also expanded their partnership with Esri (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=2534293724&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fesri-and-planet-expand-satellite-imagery-partnership%2F&a=partnership+with+Esri ),

enabling users of the market-leading GIS platform to purchase and access

Planet's data directly.

 

Planet's teams have grown to support increased demand and they've welcomed

talented new leaders to the company, including Ashley Johnson (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=251428220&u=http%3A%2F%2Fplanet.com%2Fpulse%2Fplanet-welcomes-new-cfo-ashley-fieglein-johnson%2F&a=Ashley+Johnson ) as CFO,

Rosanne Saccone (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=859299087&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fplanet-welcomes-rosanne-saccone-as-chief-marketing-officer%2F&a=Rosanne+Saccone ) as CMO,

and Wendy Tan White (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=2735132065&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Ftech-entrepreneur-wendy-tan-white-joins-planets-board%2F&a=Wendy+Tan+White ) to their Board of Directors.

Recognizing their role in helping to stop social injustice, they're doubling down on

efforts to make Planet a diverse and inclusive environment. And on the space and

product side, they've launched three more SkySats (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=311192483&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fskysats-16-18-falcon-9-success%2F&a=launched+three+more+SkySats ) and released a suite of

new capabilities (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=2674524436&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Ftasking-dashboard-50cm-12x-revisit-announcement%2F&a=released+a+suite+of+new+capabilities )

to their market-leading high-resolution product line.

 

Planet is focused on finishing 2020 strong. They'll be hosting their second

user conference, Planet Explore (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=518011930&u=https%3A%2F%2Fwww.planetexplore2020.com%2Fwebsite%2F11099%2F&a=Planet+Explore ), continuing their work with journalists (https://c212.net/c/link/?t=0&l=en&o=2883086-1&h=160909424&u=https%3A%2F%2Fwww.planet.com%2Fpulse%2Fwuhan-reacts-to-coronavirus-the-taal-volcano-erupts-and-more%2F&a=work+with+journalists ),

researchers and academia, and launching more satellites on multiple rockets.

You can expect to see more product enhancements that help users capitalize on

their capabilities and data.

 

This year will be hard for all, but Planet hopes that by supporting each other

and continuing to deliver for their users, they might be a bright spot in a

bleak landscape, and play some small part in bringing about a better future.

 

About Planet

 

Planet is the leading provider of global, near-daily satellite imagery data and

insights. Founded in 2010 by NASA scientists, Planet designs, builds and

operates the largest Earth observation fleet of satellites, and provides the

online software, tools and analytics needed to deliver data to users.

 

Sarah Bates

sarah.bates@planet.com

 

SOURCE: Planet Labs

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