June 29, 2022

Launch of Earth Observation Satellite Public

Planet will also appear on the list.
The San Francisco-based company, which operates the world’s largest fleet of Earth-observation satellites, announced Wednesday (July 7) that it will merge with a special purpose acquisition company (SPAC) called dMY Technology. Group, Inc.
Planet’s movement is part of the SPAC wave sweeping across the aerospace industry. For example, in recent months, Astra, Rocket Lab, and Redwire have announced the SPAC merger, and Virgin Orbit is also considering a merger.
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valued Planet at $ 2.8 billion and will see the company go public. The company representative stated that Planet will be listed on the New York Stock Exchange under the ticker symbol “PL”.
Planet generates 25 TB of data from approximately 200 satellites every day, most of which are shoebox-sized cube satellites called Doves (or more recently SuperDoves). The company sells this information to a variety of clients, from government agencies to farmers.
Planet also releases particularly important photos and data for free—for example, these images can help first responders respond to natural disasters such as wildfires and earthquakes. Company representatives said Planet’s data can help scientists and resource managers monitor climate change, deforestation and other issues affecting the world.
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“As the world shifts to a more sustainable economy, more and more companies and governments have set their sustainability and ESG [Environmental, Social and Governance] goals, the first step towards achieving these goals It’s measurement,” CEO and partner Will Marshall-the founder of Planet said in a statement.
“Earth’s daily global data is critical to achieving this transformation,” he added, noting that the company takes images of the entire land of the earth every day. “We are very pleased to reach this important milestone to promote Planet to significantly accelerate our mission and to do so with dMY and other large investors.”
Mike Wall is “Out There” (Grand Central Publishing, 2018) ; The author of Karl Tate’s illustration), this is a book about the search for alien life. Follow him on Twitter @michaeldwall. Follow us on Twitter @Spacedotcom or Facebook.
Mike Wall
SPACE.COM Senior Space Writer-Michael has been writing for Space.com since 2010. His book “Outside” on the search for extraterrestrial life was published on November 13, 2018. Before becoming a science writer, Michael worked as a herpetologist and wildlife biologist. He has a PhD. Specialization in Evolutionary Biology, University of Sydney, Australia, BA from the University of Arizona, Graduate Certificate in Scientific Writing from the University of California, Santa Cruz To find out what his latest project is, you can follow Michael on Twitter.

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