Planet Labs: Government Spending On Space Could Signal Launch

Rick_Jo/iStock via Getty Images Planet Labs (NYSE:PL) is a company that primarily offers high frequency geospatial data from their own constellations of satellites, available to customers through their online platform. One of many 2021 SPACs that since fell to earth, the stock has plummeted from an IPO price of $10. While too much hype dominated then, the opposite problem of unchecked pessimism, plagues the stock today. While there are reasons to be wary, there are catalysts on the horizon including rec ...