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Planet Signs Multi-Year, Multi-Launch Rideshare Agreement with SpaceX

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Planet announces agreement making SpaceX Planet’s go-to-launch provider through 2025

SAN FRANCISCO, August 05, 2021--(BUSINESS WIRE)--Planet today announced a multi-year, multi-launch agreement solidifying SpaceX as its go-to-launch provider through the end of 2025. SpaceX’s Falcon 9 is the world’s most reliable and frequently-flown rocket that offers low-cost rideshare services, making SpaceX a natural choice for the operator of the world’s largest fleet of remote sensing satellites. The first planned launch under this agreement is Flock 4x, 44 SuperDoves on the Falcon 9 Transporter-3 SSO rideshare mission scheduled for launch December 2021.

"I'm excited to continue our partnership with SpaceX. We’ve had seven launches to date. But more than that, we’ve pioneered together rapid planning, manufacturing, and launch of satellites that only Planet and SpaceX could together have achieved," said Planet CEO Will Marshall.

The demand for flexible, high-resolution imagery of the Earth has skyrocketed in recent years as companies across the world seek daily global insights for their industries. While Planet already operates the world’s largest constellation of Earth observation satellites with 200 currently in orbit, it is continuing to innovate by rapidly building satellites with the newest advances in imagery technology. Planet’s accessible data has transformed the industry by pushing the satellite imagery market past only serving the traditional satellite imagery consumer, multi-billion dollar governments, to also serving a new future of global companies and non-traditional users.

SpaceX’s rideshare program has allowed companies like Planet to meet their ambitious targets for product launch. Planet and SpaceX are world-class rocket and spacecraft builders with a proven track record to execute missions of this technical complexity due to their experience-driven and agile workflows that have allowed them to truly revolutionize the space industry.

"We’re honored that Planet has chosen SpaceX as its go-to launch provider," said SpaceX Vice President of Commercial Sales Tom Ochinero. "As the demand for Planet’s services continues to soar, SpaceX’s regular launch cadence will allow Planet’s customers to use its services with as little downtime after manufacturing as possible."

This multi-year launch agreement enables Planet to efficiently launch much of its emerging satellite projects including future SuperDoves and Carbon Mapper. The company is accelerating its work at whirlwind speeds to deliver never-before-seen insights in earth observation in high resolution and with hyperspectral imaging. Building this collaborative agreement with SpaceX marks an important step for agile aerospace in the New Space industry.

To date, Planet has launched 83 satellites with SpaceX over the course of seven launches. The most recent of which include the launches of SkySats 16-18 and 19-21 aboard Starlink missions, and the launch of Flock 4s, 48 SuperDoves, on the record-breaking Transporter-1 SSO rideshare launch.

Beyond SpaceX, Planet maintains a diversified launch manifest to mitigate risks inherent to the launch industry. Moving forward, Planet will continue to operate with a variety of launch providers to ensure that launch needs can still be met in the event of unavailabilities of specific providers. By engaging with a diversified manifest, Planet can find launches to the right orbit in the right time frame for each evolving satellite project.

Last month, Planet entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE:DMYQ), a special purpose acquisition company, to become a publicly-traded company.

About Planet

Planet is the leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest earth observation fleet of imaging satellites, capturing and compiling data from over 3 million images per day. Planet provides mission-critical data, advanced insights, and software solutions to over 600 customers, comprised of the world’s leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. To learn more visit www.planet.com and follow us on Twitter at @planet.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210805005637/en/

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