A thruster on iQPS satellite number 6 (QPS-SAR-6) reportedly malfunctioned. The satellite no longer can maintain orbit and iQPS forecasted early termination of mission in…
Planet Labs more layoffs to reduce costs
Planet most recently reported $276M in cash, cash equivalents, and short-term investments. But Planet incurred $135M in net loss during the trailing 12 months. At…
Satellogic: more layoffs and pauses constellation growth
According to reporting by Space News, Satellogic filed with the SEC they will lay off 70 employees leaving about 160 left. Additionally Satellogic will pause…
Seeking Alpha analysis, price targets, and buy rating on Planet Labs
Over the weekend on June 15, 2024, “May Investing Ideas” posted some analysis on Planet Labs. The conclusion is Planet’s stock should be within the…
Planet to launch hyperspectral Tanager-1 and 35 Dove satellites on Transporter-11
Tanager-1, in the works at Planet Labs for years, has been delivered to SpaceX’s launch site for launch as soon as July. Tanager-1 can image…
NRO awards Blacksky 1-year EOCL contract extension
Blacksky announced the National Reconnaissance Office (NRO) awarded it a 1-year extension on its Electro-Optical Commercial Layer (EOCL) contract. This is likely Blacksky’s largest revenue…
Blacksky renews $7M contract
Blacksky announced an existing international customer renewed a satellite imagery and analysis contract for $7 million. No data was given concerning: Almost no information of…
Planet Labs: Analysts like it but institutional investors not buying (it)
Defense World summarize recent analyst guidance of Planet Labs stock, pairing it with Marketbeat data of institutional investor purchases and sales. Although currently trading below…
BASF expands contract with Planet Labs
Via Satellite reports that German-based BASF Digital Farming GmbH expanded its existing contract with Planet Labs for more data. Nothing to really see here. BASF…
Planet Labs secures $1m+ U.S. Navy contract
Actual contract value not disclosed, but the one-year contract said to be a “seven figure” sum as reported by Space News. Per current analysis, Planet…