Planet Labs PBC(PL)

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Carbon Mapper Coalition launches Tanager-1 satellite to drive transparency of methane and CO2 super-emitters and prompt global action
Prnewswire· 2024-08-16 22:04
Core Insights - The Tanager-1 satellite aims to enhance transparency regarding methane super-emitters by identifying leaks, enabling immediate societal action to mitigate emissions [1][2][3] - The initiative is a collaboration among various organizations, including Carbon Mapper, JPL, Planet Labs, and philanthropic supporters, to achieve significant emission reduction goals [1][2][8] Emission Monitoring and Impact - Tanager-1 will focus on detecting methane super-emitters, which are facilities emitting over 100 kilograms of methane per hour, across sectors like fossil fuels, waste, and agriculture [3][4] - Methane is significantly more potent than CO2 in terms of heat retention, contributing to approximately 30% of global temperature rise, making its mitigation crucial for climate change efforts [2][4] Technological Advancements - The satellite will provide high-resolution observations that empower various stakeholders, including industry and policymakers, to take effective actions against emissions [3][5] - The technology used in Tanager-1 is expected to enhance the ability to locate and address previously unknown super-emitting events, leading to substantial emission reductions [4][5] Data Accessibility and Public Engagement - Carbon Mapper's mission includes making methane and CO2 data publicly accessible, which will help raise awareness and prompt mitigation actions [6][8] - The organization aims to develop a full constellation of satellites to monitor and track up to 90% of super-emitting sources globally, providing daily data [4][8]
Planet Labs shares surge as Tanager-1 launch boosts space monitoring capabilities
Proactiveinvestors NA· 2024-08-16 16:21
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [1][2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content delivery, utilizing decades of expertise [3][4] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [4]
Calling All Planet Labs PBC (PL) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses
GlobeNewswire News Room· 2024-07-25 23:02
Investigation Overview - Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of dMY Technology Group, Inc. IV ("dMY IV") following its merger with Planet Labs PBC ("Planet Labs") on December 8, 2021 [3][5] - The investigation focuses on whether dMY IV failed to provide relevant information to its shareholders prior to the merger [5] Investor Assistance - Investors who purchased dMY IV prior to December 3, 2021 are encouraged to assist the investigation by visiting the firm's website [3] - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [2] Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful [4]
Barchart Enhances Yield Forecast Model with Integration of Planet Data
Prnewswire· 2024-07-09 14:00
"Our partnership with Planet underscores our dedication to providing our clients with the most advanced and innovative data available," said Will Osnato, Director of Commodity Data Research & Analysis at Barchart. "Through this integration, we are able to equip agribusinesses with unparalleled insights that not only facilitate smarter decisions but also significantly improve operational efficiencies and ultimately enhance profitability." You can also learn more about Barchart's enhanced yield forecast model ...
Planet Labs Layoffs 2024: What to Know About the Latest Planet Job Cuts
Investor Place· 2024-07-01 15:20
Planet Labs (NYSE:PL) layoffs are a hot topic on Monday as the geospatial data satellite company cuts jobs. Planet Labs notes that it expects to suffer one-time charges of $9.5 million to $10.5 million connected to these layoffs. It expects these charges to occur during the second quarter of fiscal 2025. It also plans for the layoffs to be complete by the end of Jan. 31, 2025. Planet Labs says the following about the headcount reductions in its SEC filing. PL stock is down 3.2% as of Monday morning. The sto ...
Planet Labs: Business Continues To Do Well Financially And Operationally
Seeking Alpha· 2024-06-15 12:12
I wrote about Planet Labs (NYSE:PL) previously (Dec 2023) with a buy rating as the business was the leader in the industry and I believed the growth runway was extremely long, supported by very strong secular tailwinds. While the share price has not reacted in the way I wanted, I continue to believe PL is a buy as PL continues to execute well both financially and operationally. Especially for growth, PL has shown that growth acceleration is possible in its 1Q25 results. Business on track both financially an ...
The AI Architects: 3 Stocks Designing the Blueprint for the Future
Investor Place· 2024-06-14 10:50
For some investors, investing in AI stocks means looking at the big names like Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT). And let's be clear: those companies will be leaders in AI for years to come. Palantir Technologies (PLTR) It's a bold statement to make that Palantir Technologies (NYSE:PLTR) may be the most important company in the world. But the company continues to show retail investors why Dan ives of Wedbush referred to Palantir as the Lionel Messi of AI. Despite qualifyi ...
Planet Labs PBC (PL) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2024-06-06 22:21
Over the last four quarters, the company has surpassed consensus EPS estimates four times. Planet Labs PBC shares have lost about 25.5% since the beginning of the year versus the S&P 500's gain of 12.3%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Investors should ...
Planet Labs PBC(PL) - 2025 Q1 - Earnings Call Presentation
2024-06-06 21:27
Definitions UPDATE FISCAL 1Q'25 June 6, 2024 All references to "Planet" or the "Company" in this presentation are references to Planet Labs PBC (NYSE: PL). © Copyright 2024 Planet Labs PBC All Rights Reserved 2 This presentation includes Non-GAAP Gross Profit, Non-GAAP Gross Margin and Adjusted EBITDA, which are non-GAAP measures Planet uses to supplement its results presented in accordance with U.S. GAAP. Planet includes these non-GAAP financial measures because they are used by management to evaluate Plan ...
Planet Labs PBC(PL) - 2025 Q1 - Quarterly Report
2024-06-06 20:21
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | --- | --- | --- | | Class A common stock, par value $0.0001 per | PL | New York Stock Exchange | | share | | | | Warrants to purchase Class A common stock, | PL WS | New York Stock Exchange | | at an exercise price of $11.50 per share | | | Indicate b ...