Planet, BASF Digital Farming Expand Partnership To Enhance Smart Farming Solutions From Space
Portfolio Pulse from Benzinga Newsdesk
Planet Labs PBC (NYSE:PL) has expanded its commercial partnership with BASF Digital Farming GmbH. BASF Digital Farming will increase its use of Planet's satellite data products to enhance its xarvio® Digital Farming Solutions.
May 21, 2024 | 1:43 pm
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Planet Labs PBC has expanded its partnership with BASF Digital Farming, which will increase its use of Planet's satellite data products to enhance its digital farming solutions.
The expanded partnership with BASF Digital Farming is likely to increase demand for Planet's satellite data products, potentially boosting revenue and positively impacting the stock price in the short term.
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