Planet's First Hyperspectral Satellite Tanager-1 Is Ready For Launch
Portfolio Pulse from Benzinga Newsdesk
Planet Labs PBC (NYSE:PL) announced that its first hyperspectral satellite, Tanager-1, is ready for launch. The satellite, developed with the Carbon Mapper Coalition, will be launched from Vandenberg Space Force Base as early as July on SpaceX's Transporter-11 Rideshare mission. Tanager-1 will enhance Planet's imaging capabilities.
June 06, 2024 | 8:13 pm
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Planet Labs PBC is set to launch its first hyperspectral satellite, Tanager-1, in July. This new satellite will enhance the company's imaging capabilities, potentially increasing its market competitiveness and revenue streams.
The launch of Tanager-1 will expand Planet Labs' imaging capabilities, making their data offerings more comprehensive. This could attract new customers and increase revenue, positively impacting the stock price.
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