Planet Wins Seven-Figure Pilot Contract With An International Defense Customer For PlanetScope Data Enhanced With SynMax AI
Portfolio Pulse from Benzinga Newsdesk
Planet Labs PBC (NYSE:PL) has secured a seven-figure pilot contract with an international defense customer for its PlanetScope data enhanced with SynMax AI. The customer also expanded their SkySat contract with Planet for high-resolution satellite data.
July 15, 2024 | 1:08 pm
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Planet Labs PBC has secured a significant pilot contract with an international defense customer for its AI-enhanced PlanetScope data and expanded their SkySat contract.
The seven-figure contract and the expansion of the SkySat contract indicate strong demand for Planet Labs' services, likely boosting short-term revenue and investor confidence.
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