Shares of Planet Labs (PL) jumped over 12% on Monday after the company announced a major new contract with the Swedish Armed Forces. The ongoing rally in Planet Labs stock reflects growing investor confidence in the company’s expanding role in global security and geospatial intelligence. The recent agreement, described as a multi-year, low-nine-figure deal, will see Planet rapidly deliver a suite of satellites, along with space-based data and situational awareness solutions. More News from Barchart Pl ...

There's been an ongoing story that in my opinion has not gotten nearly enough attention this week and the thing is is it could have huge implications for global security. So it needs more attention. So late Tuesday night during a Russian attack on Ukraine, several dozen Russian military drones crossed into Poland in what was an unprecedented violation of their airspace.NATO fighter jets were scrambled and eventually engaged with those drones, shooting down three. It marked the first military engagement over ...