Planet Labs

After the SpaceX IPO, smaller space companies are also coming into focus. Analyst consensus highlights Planet Labs with an average price target of $33.00 and roughly 92% upside, alongside Rocket Lab (median target $106.40, ~56% upside) and AST SpaceMobile (~70% upside). Experts warn of high volatility due to long development timelines, large capital needs, possible dilution from equity raises and dependence on government contracts; AST SpaceMobile additionally faces higher default risks because its network buildout is still ongoing. Events at SpaceX continue to serve as a sentiment barometer for the sector. » More on finanzen.net

Planet Labs will start manufacturing satellites in Berlin from autumn and carry out the entire production and testing on site. The first satellite built in Berlin is expected to be completed before the end of the year, and the facility can be expanded to produce up to 60 satellites per year. The company expects an eight-figure investment and plans to increase the Berlin workforce of around 150 by about 70 employees. Planet Labs stresses the Pelican satellites will provide high-resolution Earth observation data for civilian and military applications and operate data on European infrastructure; there was no clear statement on possible access by US authorities. » More on wiwo.de

Planet Labs will begin building and testing satellites in Berlin in the autumn; the first Berlin satellite is expected to be completed before the end of the year. The facility could be scaled up to produce up to 60 satellites per year, and the investment is likely to exceed an eight-figure sum. The Berlin office is set to grow by about 70 employees from roughly 150, and mission operations and data storage will be carried out from Europe to strengthen operational independence for government customers. » More on finanzen.net