Planet

Planet

High-resolution satellite imagery subscription service

About Planet

Simplify's Rating
Why Planet is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Aerospace

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2010

Overview

Planet captures high-resolution satellite images of the Earth's surface using a fleet of small satellites called Doves. These satellites provide near-daily, 8-band imagery, allowing clients to monitor environmental changes, manage natural resources, plan urban developments, and respond to disasters. Clients, which include government agencies, environmental organizations, and businesses, subscribe to access Planet's extensive library of images and data analytics tools. This subscription-based model ensures consistent revenue as clients require updated imagery for their operations. Planet also offers customized solutions for specific image requests and educational resources through Planet School to help users effectively utilize their platform. The company's goal is to lead in the geospatial intelligence market by providing comprehensive and timely satellite imagery to support various applications.

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Simplify's Take

What believers are saying

  • Partnerships with Syngenta and Abelio expand Planet's market reach and applications.
  • AI integration in smart city management enhances Planet's service offerings.
  • Susan Wojcicki's board appointment strengthens Planet's strategic digital platform expertise.

What critics are saying

  • Competition from Maxar Technologies and Airbus threatens Planet's market share.
  • Rapid AI advancements by competitors may outpace Planet's current capabilities.
  • Regulatory changes in data privacy could increase compliance costs for Planet.

What makes Planet unique

  • Planet operates the largest fleet of Earth-imaging satellites globally.
  • Their subscription model ensures continuous revenue from diverse industry clients.
  • Planet's AI-driven global forest carbon monitoring system is a pioneering innovation.

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Funding

Total Funding

$617.1M

Above

Industry Average

Funded Over

6 Rounds

Spac IPO funding comparison data is currently unavailable. We're working to provide this information soon!
Spac IPO Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Sabbatical Leave

Remote Work Options

Wellness Program

Mental Health Support

Home Office Stipend

Phone/Internet Stipend

Tuition Reimbursement

Equity

Commuter Benefits

Volunteering Paid Time Off

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Read Magazine
Mar 12th, 2025
Syngenta and Planet Labs Expand Partnership to Enhance Precision Agriculture

By integrating Planet's advanced satellite data into Syngenta's Cropwise digital agriculture platform, farmers will gain access to 3-meter resolution imagery captured daily by Planet's Dove satellite constellation.

Chosun Ilbo
Feb 27th, 2025
TelePIX partners with Planet Labs to access satellite data for global markets

TelePIX partners with Planet Labs to access satellite data for global markets.

Maritime Professional
Feb 6th, 2025
SpaceX's rise in Asia under Trump 2.0, Asia's top satellite company says

After announcing a $230-million investment in Planet Labs' low-Earth orbit observatory satellite Pelican, the Japanese firm is likely to see closer ties with SpaceX.

iGrow News
Nov 15th, 2024
Planet Labs Expands Partnership with Abelio

Planet Labs expands partnership with Abelio.

IT Press Releases
Oct 1st, 2024
Antaris Releases Comprehensive Support for the OpenLST Software-Defined Radio

LANSDALE, PA, UNITED STATES, October 1, 2024 / EINPresswire.com / - Antaris(TM), the leading software platform for space missions, today announced that it has released comprehensive software support for the OpenLST software-defined radio, which Planet Labs first introduced in 2018.

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