Planet Launches Pelican-3, Pelican-4 Satellites via SpaceX Falcon 9

Planet Labs successfully launched its high-resolution, AI-enabled Pelican-3 and Pelican-4 satellites to orbit aboard SpaceX’s Falcon 9 rocket from Vandenberg Space Force Base, joining the existing Pelican-1 and Pelican-2 satellites to expand its next-generation tasking satellite constellation. These Gen 1 Pelican satellites provide up to 40 cm class resolution imagery across six multispectral bands and are equipped with NVIDIA Jetson AI platforms, enabling rapid on-orbit computing and quicker delivery of insights to customers. The company plans to launch additional Pelican satellites within the year, further enhancing its Earth observation capabilities. This expansion has contributed to a significant 77% increase in Planet Labs’ share price over the last quarter, reflecting investor optimism alongside broader market factors such as potential Federal Reserve rate cuts. Over the past year, Planet Labs’ total return has outperformed the US market and its industry peers substantially, driven by its robust operational growth and strategic partnerships. Planet Labs continues to serve a diverse customer base, including agriculture, forestry, intelligence, education, finance sectors, and government agencies, with its mission to image the world daily and make change visible and actionable.