Planet Labs, quickly to be public, unveils extra highly effective Pelican imagery satellites

A graphic rendering of a Pelican satellite tv for pc.


Earth imaging and knowledge specialist Planet Labs on Tuesday introduced a brand new line of images satellites, known as Pelican, as the corporate prepares to go public later this yr.

The Pelican satellites are supposed to improve Planet’s present constellation of 21 SkySat satellites in orbit, with launches starting in 2022.

“It is larger decision, and having extra satellites in area signifies that you really find yourself having the next revisit functionality and [Pelican is] being designed for what our customers need – which is velocity and near-real time understanding about what’s taking place,” Planet co-founder and chief technique officer Robbie Schingler informed CNBC.

An worker builds a satellite tv for pc inside the corporate’s manufacturing facility.


Schingler famous that the Pelican satellites will likely be smaller in dimension than the SkySat spacecraft, however “extra dense” with a mass between 150 to 200 kilograms every. That makes the Pelican satellites considerably bigger than the about 120 Dove sequence of images satellites that Planet additionally has in orbit.

The corporate in August signed a multi-year launch settlement with SpaceX, making Elon Musk’s enterprise Planet’s “go-to-launch supplier” for its satellites by way of 2025. Planet has greater than 600 prospects, break up between 4 sectors: civil, agriculture, protection and intelligence, and mapping.

Planet additionally introduced on Tuesday that it’s including artificial aperture radar imagery from the European Area Company’s Sentinel-1 satellites to its database, including one other supply of data for its prospects. Artificial aperture radar, or SAR, is one other more and more aggressive market amongst non-public satellite tv for pc imagery corporations – particularly due to its capability to seize pictures by way of clouds and at night time.

Notably, Planet is combining with particular function acquisition firm dMY Know-how Group IV, which trades on the NYSE below ticker DMYQ. The deal provides the area firm a $2.eight billion fairness valuation and is anticipated to shut within the fourth quarter, leading to Planet itemizing on the NYSE below ticker PL.

“We’re an information subscription enterprise,” Schingler mentioned. “Earth statement can play an enormous function in getting individuals on a standard working image for fact, round what’s taking place on the planet. We picture the entire world daily.”

Develop into a better investor with CNBC Professional.
Get inventory picks, analyst calls, unique interviews and entry to CNBC TV. 
Signal as much as begin a free trial right this moment.

Leave a Reply

Your email address will not be published. Required fields are marked *