Planet Launches Pelican-11 Satellite

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the successful launch of Pelican-11, the tech demonstration satellite (TD2) for the second generation (Gen 2) of its high-resolution Pelican™ fleet. The spacecraft was launched to orbit aboard the Transporter-17 rideshare mission with SpaceX from Vandenberg Space Force Base in California. Planet has successfully made initial contact with the satellite and has begun the commissioning process.

As a dedicated engineering pathfinder, Pelican-11 is designed to validate new technologies and capabilities prior to their integration onboard Planet's upcoming second generation (Gen 2) Pelicans. Building on Gen 1 Pelicans’ ability to capture up to 50 cm class resolution imagery, Gen 2 are designed to provide up to 30 cm class imagery. In alignment with Planet’s approach to Agile Aerospace, this tech demonstration satellite is expected to allow rapid hardware testing and calibration in the space environment, helping upcoming production fleets scale seamlessly. Pelican-11 is not anticipated to produce commercially available data.

Planet plans to continue scaling its high-resolution, AI-powered monitoring capacity, and meet growing global customer demand by launching additional Pelican spacecraft over the next year. To learn more about Planet’s Pelican constellations and capabilities, visit https://www.planet.com/constellations/pelican/.

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 commercial 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, including risks related to the macroeconomic environment. Such factors are detailed in Planet’s filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Planet does not undertake an obligation to update its forward-looking statements to reflect future events, except as required by applicable law.