Earth Imaging Company Planet Labs Boards Tech Demonstration Satellite & 36 SuperDoves On SpaceX's Transporter-9 Mission
Portfolio Pulse from Shivani Kumaresan
Planet Labs (NYSE:PL) announced that its Pelican tech demonstration satellite, Pelican-1, and 36 SuperDoves, Flock 4Q, will be launched on SpaceX's Transporter-9 mission on November 11, 2023. The mission will validate the design and operations of Planet's common bus platform, which will host Planet's next generation of imaging sensors. Planet's shares closed lower by 3.67% at $2.10 on Thursday.
November 10, 2023 | 11:27 am
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Planet Labs' upcoming launch on SpaceX's Transporter-9 mission is a significant step in validating its new imaging sensors. However, the company's shares closed lower by 3.67% at $2.10.
The launch of Planet Labs' Pelican-1 and 36 SuperDoves on SpaceX's Transporter-9 mission is a significant development for the company as it will validate the design and operations of its new imaging sensors. This could potentially enhance the company's product offerings and market position. However, the company's stock price fell by 3.67%, indicating that the market may not have fully appreciated the potential impact of this development yet.
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