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

Planet Labs will begin manufacturing Pelican satellites this year at a new plant in Berlin; the first satellite is to be completed before year-end. The facility can be expanded to produce up to 60 satellites per year, and the investment is expected to exceed an eight-figure sum. The Berlin site currently employs just under 150 staff, a number set to increase by about 70; mission operations and data storage are to be carried out in Europe. In response to questions about influence from US authorities, the company pointed to its long-standing service to European government customers and stressed goals to strengthen European independence. » More on manager-magazin.de

Planet Labs reported record Q2/2027 revenue of $116.1m (+58% y/y), beating the consensus estimate. Adjusted earnings per share were $0.02 and adjusted EBITDA was $13.9m; both well above expectations. The defense and intelligence business grew by over 90% and accounted for around 70% of revenue; a one‑year contract with a European customer was confirmed. Management raised the annual guidance to $430–441m and is targeting positive adjusted EBITDA for the full year for the first time, but warned of a weaker Q3 outlook and temporarily negative adjusted EBITDA. » More on de.investing.com