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Planet Highlights Defense Momentum With $280 Million German Government Deal

Rachel Jewett By
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Planet Highlights Defense Momentum With $280 Million German Government Deal
Rendering of a Pelican satellite. Photo: Planet Labs

Planet [PL] announced a new 240 million euro ($283 million) multi-year deal with the German government on Tuesday for satellite imagery and analytics services, which Planet’s leadership pointed to as a sign of the company’s momentum in the defense market. Through the German government agreement, Planet will provide dedicated capacity and direct downlink services on its fleet of Pelican satellites over specific European regions, as well as access to PlanetScope and SkySat data, and AI solutions for situational awareness and…

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