Planet Labs (PL) Launches Pelican-11 Satellite
Get Alerts PL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +42.0%
Join SI Premium – FREE
Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the successful launch of Pelican-11, the tech demonstration satellite (TD2) for the second generation (Gen 2) of its high-resolution Pelican™ fleet. The spacecraft was launched to orbit aboard the Transporter-17 rideshare mission with SpaceX from Vandenberg Space Force Base in California. Planet has successfully made initial contact with the satellite and has begun the commissioning process.
As a dedicated engineering pathfinder, Pelican-11 is designed to validate new technologies and capabilities prior to their integration onboard Planet's upcoming second generation (Gen 2) Pelicans. Building on Gen 1 Pelicans’ ability to capture up to 50 cm class resolution imagery, Gen 2 are designed to provide up to 30 cm class imagery. In alignment with Planet’s approach to Agile Aerospace, this tech demonstration satellite is expected to allow rapid hardware testing and calibration in the space environment, helping upcoming production fleets scale seamlessly. Pelican-11 is not anticipated to produce commercially available data.
Planet plans to continue scaling its high-resolution, AI-powered monitoring capacity, and meet growing global customer demand by launching additional Pelican spacecraft over the next year. To learn more about Planet’s Pelican constellations and capabilities, visit https://www.planet.com/constellations/pelican/.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lettuce Grower Taylor Farms To Recall Products Tied To Outbreak - Bloomberg
- Increasing unusual option volume: FIGS BKLN ALLY FLG IMAX XYL TROX FITB MUU DVA ALKS
- Active options: AMZN AMD MSFT META ORCL SOFI WULF PLTR NBIS HOOD NOK
Create E-mail Alert Related Categories
General NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share