Planet Labs stock climbs on string of deal announcements

Shares of Planet Lab continuing their move higher this week, rising nearly 7%, adding to a 62% return so far this year, up 200% over the past 12 months. Now, the Earth observation analytics company has inked a flurry of deals recently, including with Germany, NATO, several within the US Defense Department, and just this week, we saw an extension of another deal. Now, CEO and co-founder Will Marshall says the changing geopolitical landscape coupled with advancements in AI are enabling countries to have a per ...