Planet Labs PBC recently revealed first-light images from its next-generation Pelican-3 satellite, launched with Pelican-4 on SpaceX’s Falcon 9 NAOS mission, and reported second-quarter sales of US$73.39 million with a narrowed net loss of US$22.59 million.
The launch of advanced satellites featuring on-orbit AI computing and the completion of a US$400 million convertible note offering suggest a focus on innovation and enhanced financial flexibility.
We’ll examine how the successful…