By Gianluca Lo Nostro and Louise Rasmussen PARIS, Jan 30 (Reuters) - French Finance Minister Roland Lescure earlier this week blocked Eutelsat's sale of its ​ground antennas, he said on Friday, citing national security concerns tied to ‌the satellite operator, the main European rival to Elon Musk's Starlink. "These antennas are used for both civilian ‌and military communications. Eutelsat is Starlink's only European competitor. It is clearly a strategic asset. And so I said no," Lescure told TV station ...

Planet Labs' Key Business Highlights - Planet Labs' AI-enabled solutions and satellite services are leading the market, delivering exceptional results [27] - The company has driven accelerated growth, and its backlog supports further acceleration [27] - Planet Labs is uniquely positioned as a Space + AI company [27] - The company reported a backlog of $736 million as of the end of the second quarter of fiscal year 2026 [32] - Planet Labs achieved record revenue of $73 million in the second quarter of fiscal year 2026 [35] - The company's cash and equivalents totaled $272 million at the end of the second quarter of fiscal year 2026 [35] - Planet Labs raised $460 million in convertible debt [37] Market and Contractual Momentum - The maritime surveillance market is projected to grow from $24 billion in 2024 to $36 billion in 2030 [99] - JSAT has a multi-year partnership with Planet Labs worth $230 million to build a LEO constellation [49] - The German government has a multi-year agreement with Planet Labs, funded with €240 million, to support European peace and security [50] Financial Performance and Targets - The company's expected revenue for fiscal year 2026 is in the range of $281 million to $289 million [336] - Planet Labs is aiming for long-term financial targets including revenue growth of 20%+, non-GAAP gross margin of 60%+, and adjusted EBITDA of 25%+ [374]

Core Insights - Viasat, Inc. has received a $252 million AUD contract from Geoscience Australia and Toitū Te Whenua Land Information New Zealand to enhance the Southern Positioning Augmentation Network (SouthPAN), with an estimated net incremental value of $214 million AUD for Viasat from this agreement [1][5][6] Group 1: SouthPAN Overview - SouthPAN is a collaborative satellite-based augmentation system developed by Australia and New Zealand, providing precise positioning and navigation services across various sectors including aviation, maritime, agriculture, surveying, and emergency response [2][3] - The system supports applications in agriculture to enhance productivity through precision spraying, yield mapping, controlled traffic farming, inter-row seeding, and livestock management [3] Group 2: Contract Details - This contract marks the second award for Viasat related to SouthPAN, following a previous contract awarded to Inmarsat in May 2023, which has since merged with Viasat [5] - The new agreement includes the continuation of services from Viasat's existing in-orbit satellites and a new payload, significantly extending Viasat's partnership with both governments [5][6] Group 3: Strategic Importance - The agreement aims to secure reliable satellite services and ground infrastructure, delivering precise positioning across Australia and its maritime zones, which is critical for industries that rely on accuracy [6][7] - SouthPAN is expected to save lives through precision safety tracking, improve agricultural productivity via automated device tracking, and support future transport management systems [6]