Planet Labs PBC(US:PL) Globenewswire·2026-01-07 13:30Core Viewpoint - Defiance ETFs has launched the Defiance Daily Target 2X Long PL ETF (PLU), aimed at active traders seeking amplified exposure to Planet Labs PBC, allowing for tactical upside views on the stock's performance [1][2]. Investment Objective - The Fund aims to achieve daily investment results of 200% of the daily percentage change in the share price of Planet Labs PBC, focusing solely on short-term performance [3]. Underlying Stock - Planet Labs PBC operates one of the largest Earth-observation satellite constellations, providing satellite imagery and geospatial data for various applications including agriculture, climate monitoring, and national security [4]. Fund Characteristics - The Fund is designed for knowledgeable investors who understand the risks associated with leveraged investments and are willing to actively manage their portfolios [5]. - It is not a direct investment in Planet Labs PBC, and investors should be aware of the risks associated with leverage and daily rebalancing [5][10]. Market Context - The performance of Planet Labs PBC may be influenced by factors such as government spending, technological changes, and competition within the satellite imaging and geospatial data industry [10].