Planet Labs Secures €240 Million Contract with Germany, Strengthens Defense Sector

Reported 1 day ago

Planet Labs has secured a significant €240 million contract with the German government for multi-year satellite services, marking one of the largest deals in the company’s history. This contract includes advanced satellite technology and services that commence in January 2026, aimed at enhancing security and surveillance. Concurrently, Planet Labs announced partnerships and contracts within the defense sector, signaling strong growth in government and AI-driven services.

Source: YAHOO

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