Planet Labs PBC (PL) Share Price

Hitting 52 week highs is encouraging. BKSY is moving up also. I tracked these moves back to PLTR and was amazed. If you own PL this is a must watch 3 min video:

https://www.palantir.com/platforms/gotham/

If you haven’t watched it yet, watch Wild Wild Space.

PL new 52 lo

PL new 52 lo

Sorry for the delayed reply. Not much activity so I quit looking at this board.
Unfortunately, I have held onto my position and certainly regret that decision. I suspect that in this market it will continue to get crushed.

Did you give up on this company?

How did that work out? Watching this company now.

BBC providing Planet images.
I imagine that over the coming years that image analysis will become significantly more sophisticated and informative. Sad that war drives that sort of thing, eh?
https://www.bbc.com/news/world-middle-east-67565872

Picked up some Jan 2024 $5 option contracts.

Starting picking up some option contracts here. Going to go a couple different routes :). Very impressed with PL’s work. Nice catch with imagery on the ZNPP.

The God's Eye view of Earth now has a Brain.

The application of AI to the imagery Planet Labs provides is powerful beyond my imagination. This relationship may prove extremely valuable since it will help differentiate PL from the others in this field and also drive adaptation. Having an automated software tool for image characterization is a perfect fit. Watching to see if Synthetaic goes public.

https://www.synthetaic.com/

Keeping an eye on Ukraine.

https://finance.yahoo.com/news/global-heritage-fund-leveraging-planet-070000186.html

Imagery of Russian airbase in the Crimea before (8/9/2022) and after (8/10/2022) explosions left no doubt that the damage was substantial.

"The before and after images from Planet Labs, which monitors hundreds of satellite feeds over Ukraine, are the first independent confirmation that the base may have been damaged. Until now, details about the extent of the explosions' impact have been scarce."

https://www.bbc.com/news/world-europe-62500560

These PL images have been widely distributed through the major media outlets.

WATCH FOR BREAKOUT...above 6.76...pennies from 50MA... then to 7, and Blue Skys to $11.00

HOW MUCH DATA HAS PL supplied U. S. Military bought and continues to increase for Eastern Europe and UKRAINE surveillance ????

Looking for a 50% growth forecast in March ...

Acquisition target? IMO Likely!

Great buying opportunity...as daytraders short on low vol...watch recovery at eod...to $6 as shorts cover

...watch closely...if Russia invades Ukraine (IMO 90% likely)...Taiwan will be in play... then a Critical world crisis with U.S. (Biden) not having the balls to defend Taiwan.

PL will become more of a VITAL service to the U.S military than it is now...for drone surveillance of Russian and Chinese troop and naval movements...

IMO Look for a Defense Company quickly to acquire PL ... (IMO $20 or more)

10.50 this will fomo and go to teens lol. I just keep adding under 5.50

Another Price target of $10

Netflix and Peloton really put some juice into the correction. At least it's SSR Monday. Let the air come out of some other valuation and hopefully there's some semblance of a bounce Tuesday in the indices.

Or not. Terrible day here today.

Same this is the reversal. Nice upside potential with upgrades and from a TA perspective.

Even now in my long account. Yay. Started about 10 and averaged down to about 7. Time for trend up now? Looking for an enter in trade account here maybe on the next dip or continuance. We'll see how it plays out, might get some action. Lets go PL.

PL heres 7 dolla...fast move to 7.43

PL up in pre....7 bucks today!!!

slow and steady, lets see that 7.dolla again first...its trading as expected in a volatile market, makers trying to create fear with these fast swings...60 min building its foundation.....4 hour almost ready

Can't Wait. There was some nice accumulation before that flag broke down today. Added more @6.45

PL next stop....7.43

The shorts played the gap and trap off the GS call. With 3 analysts calling 11.00, the 50 day is in play. Scanning the earth

https://www.nasdaq.com/market-activity/stocks/pl/institutional-holdings

Next update should be heavy, I'd assume they added on the downturn. Float is much thinner than is presented on data sites and there is most likely a bunch of shirts trapped from the CNBC pop Friday plus whoever didn't cover on the midweek consolidation after first test of 7.

I think this has some steam behind it. When is the updated short information released this week? Also they updated the institutional holdings on nasdaq site.

ready to test 7 bucks from the previous pop, had to fill the Goldman gap

With SpaceX tied at the hip with PL...its become a natural fit for acquisition by Elon!

Meanwhile, The more satellites launched, the more the margins and ebitda increases and the more exponential the price becomes.

PL heading to space

PL Goldman Sachs with a 11 PT

Launch is only a few days away!!!

Countdown to launch...

Or maybe Google is just declaring ownership of previously acquired shares? I don't know; I haven't been following developments all that closely.

Google apparently bought 31,942,641 shares of PL on Dec. 7th, 2021.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001836833/7cd0caf6-8a9e-45f2-ad96-fb4539dd178a.pdf

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001836833/f9dd4f89-f40a-4536-a72c-f44326fadac4.pdf

Free money today imo

Agreed, I'm in no hurry as I would like to acquire more shares and I'm tapped for the year. I would to acquire more shares at these prices...so no worries. Also, I'm guessing the whole Fed policies is playing a role here regarding what the market is willing to pay...

GLTA and Happy Holidays...

Worth having patience here

Brutal selloff after the Q report. It wasn’t a bad report or outlook, but holders were obviously hoping for more.

Leading-Edge Science Using Planet Data Presented At AGU 2021
Tanya Harrison | December 10, 2021
https://www.planet.com/pulse/leading-edge-science-using-planet-data-presented-at-agu-2021/

It’s that time of year again: Nearly 30,000 geoscientists from around the world gather every December for the American Geophysical Union (AGU) Fall Meeting, the largest of its kind. Planet is always excited to see what innovative science applications researchers have discovered using our data! This year, 70 abstracts were submitted from researchers accessing data through pathways such as our Education and Research program, the NASA Commercial SmallSat Data Acquisition (CSDA) Program, and Norway’s International Climate and Forests Initiative (NICFI). The conference will run as a hybrid virtual and in-person event this year from December 13 through 17.

Some of the highlights of presentations this year featuring Planet data:

The combined high spatial and temporal resolution of PlanetScope provides the unprecedented ability to perform phenological analysis of ecosystems at the individual tree level from orbit. Yasmin Fitts and colleagues at NASA’s Goddard Space Flight Center and GET Géosciences Environnement Toulouse did such an analysis across the Sahel in West Africa.
A team led by Hannah Friedrich at the University of Arizona used sensor fusion across PlanetScope, Landsat, Sentinel-2, and MODIS, along with radar and passive microwave data, to perform automated flood mapping via machine learning.
Utilizing PlanetScope Basemaps via the NICI program, Nyein Soe Thwal of the Asian Disaster Preparedness Center and colleagues developed a transfer learning approach for automated mapping sugarcane in Thailand—the world’s second largest exporter of the resource.
Sarah Wegmueller of the University of Wisconsin Madison is giving an invited talk on a time-series-based early detection and monitoring system that uses PlanetScope and Sentinel-2 satellite imagery to map abnormal mortality in forests.
Anders Bjork of University of Copenhagen will discuss mapping over new land being exposed as the Greenland ice sheet retreats due to climate change.
Planet is convening an entire session on data fusion for Earth observation science.
Additionally, a few Planeteers will be presenting at the conference:

I’ll be giving an invited talk about how U.S. federally-funded researchers can access Planet data through NASA’s Commercial SmallSat Data Acquisition (CSDA) Program.
Rasmus Houborg, Principal Geospatial Fusion Engineer, will be presenting a poster on Planet Fusion monitoring.
Our exciting recently-announced Carbon Mapper project will be presented by Sara Shivers, Product Manager, Hyperspectral Imaging.
Solutions Architect Samapriya Roy will be discussing details of the NICFI program.
You can view the entire scientific program for the AGU Fall Meeting online. Be sure to check out the talks and/or posters mentioned here, and browse the schedule for more amazing science in the works that will help us better understand our ever-evolving Earth.

Seeking Alpha did a condensed piece today, but a fuller text came out last Fri with the news;


https://www.planet.com/pulse/planet-to-acquire-vandersat-to-deliver-advanced-agriculture-data-products-to-customers/

Planet To Acquire VanderSat To Deliver Advanced Agriculture Data Products To Customers
Robbie Schingler | November 10, 2021

We are excited to announce that Planet has entered into an agreement to acquire VanderSat, a leading provider of advanced earth data and analytics. Vandersat’s innovative products help customers better measure and understand water management and crop health in major markets. Planet intends to leverage VanderSat’s technologies and products in further pursuit of bringing to market next-generation solutions that combine the best of commercial and public satellite data to provide clear and actionable information to help industries, non-profits, and governments around the world.

VanderSat has world-class expertise in providing insights to customers by drawing from NASA, ESA and JAXA satellite data, and has built a suite of novel products that report on key conditions on the Earth’s surface, like soil moisture, land surface temperature, vegetation optical depth, and biomass. VanderSat’s unique algorithms deliver daily, global data products with great accuracy, unhindered by changing cloud-cover and atmospheric conditions.

“VanderSat is a mission-driven company with the goal to serve one billion hectares of land in 2024. By joining Planet, our mission and impact will be dramatically accelerated and together, we aim to reach that goal in 2022,” said Dr. Thijs van Leeuwen, CEO of VanderSat.

“We’re thrilled to be welcoming the VanderSat team to Planet. We expect VanderSat’s analytics and industry expertise will help Planet provide solutions ‘up the stack’ to bridge the gap from complex remote-sensing science to products that offer improved data to the ecosystem and our customers. And when one combines their new data with Planet’s, the value is far greater than the sum of its parts,” said Will Marshall, CEO and Co-Founder of Planet. “We believe VanderSat’s products will add value in Planet’s core verticals of agriculture, and civil government, and will help us open up to others such as insurance and banking, to help grow our business.”

At Planet, one of our goals is to bridge the gap between real-world problems and the complexity of remote-sensing science. VanderSat is another step towards that goal with their advanced analytics. We believe their products will accelerate and expand our position in one of our most important verticals – agriculture – and help mature our offerings for others such as insurance, civil government, and finance. For example, easier-to-consume data can enable modeling to help financial institutions and insurers quantify climate impacts on water availability and crop production.

Adding VanderSat’s unique, all-weather data products to Planet’s high-cadence and high-resolution global monitoring will bring even greater value to users in agriculture, civil government and insurance by providing them with richer insights and more precise measurements. Plus, Planet’s unique platform and integrations will make these products more accessible than ever before.

The VanderSat team is based in Haarlem, Netherlands and will further increase Planet’s commitment to the European ecosystem. The entire team, including their founder Dr. Richard de Jeu and CEO Dr. van Leeuwen, will be joining Planet.

Under the agreement, Planet is set to acquire VanderSat for approximately $28 million, which consists of $18 million in shares of Class A common stock of Planet Labs PBC, valued at a per share price equal to the closing price of Class A common stock of Planet Labs PBC on the NYSE on the last trading day prior to the consummation of the acquisition of VanderSat, and approximately $10 million in cash.

The transaction is expected to close in Q4 2021 and is subject to customary closing conditions, as well as the closing of Planet’s business combination with dMY Technology Group, Inc. IV (“dMY IV”). This will be Planet’s fourth acquisition (BlackBridge ‘15, Terra Bella ‘17, and Boundless ‘19).

We are thrilled to welcome VanderSat to the Planet family!

Important Information and Where to Find It

This press release may be deemed solicitation material in respect of the proposed Business Combination between dMY IV and Planet. The Business Combination will be submitted to the stockholders of dMY IV and Planet for their approval. In connection with the vote of dMY IV’s stockholders, dMY IV has filed a Registration Statement with SEC, which includes a proxy statement/prospectus and certain other related documents. dMY IV has also commenced mailing the definitive proxy statement/prospectus and a proxy card to each stockholder of record as of October 19, 2021 entitled to vote at the special meeting relating to the Business Combination. dMY IV also will file other documents regarding the proposed transaction with the SEC. This communication does not contain all the information that should be considered concerning the proposed Business Combination and the other matters to be voted upon at the special meeting and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. dMY IV’s stockholders and other interested parties are urged to read the definitive proxy statement and any other relevant documents that are filed or furnished or will be filed or will be furnished with the SEC carefully and in their entirety in connection with dMY IV’s solicitation of proxies for the special meeting, as these materials will contain important information about Planet and dMY IV and the proposed Business Combination and other related matters. Stockholders will also be able to obtain copies of these materials, without charge, once available, at the SEC’s website at http://www.sec.gov, at the Company’s website at https://www.dmytechnology.com or by written request to dMY Technology Group, Inc. IV at 1180 North Town Center Drive, Suite 100, Las Vegas, Nevada 89144

Participants in the Solicitation

dMY IV, dMY Sponsor IV, LLC, Planet and their respective directors and executive officers may be deemed participants in the solicitation of proxies from dMY IV’s stockholders with respect to the Business Combination. A list of the names of those directors and executive officers and a description of their interests in dMY IV is included in the the definitive proxy statement of dMY IV for the Business Combination and is available at www.sec.gov. You may obtain free copies of these documents as described in the preceding paragraph.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 with respect to the proposed transaction between dMY IV and Planet and the proposed acquisition of Vandersat by Planet, including expected benefits of that transaction. Actual results may differ from these forward-looking statements and you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “would,” “believes,” “predicts,” “potential,” “strategy,” “opportunity,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside dMY IV’s and Planet’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to the risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the Business Combination, including those under “Risk Factors” therein, and in dMY IV’s other filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties described in the proxy statement/prospectus discussed above and other documents filed by dMY IV from time to time with the SEC. These filings identify and address or will identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

Forward-looking statements speak only as of the date they are made. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. dMY IV and Planet caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. dMY IV and Planet do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

No Offer or Solicitation

This press release is for informational purposes only and shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

News on closing of acquisition!

SAN FRANCISCO & HAARLEM, Netherlands, December 13, 2021--(BUSINESS WIRE)--Planet, a leading provider of daily data and insights about Earth, today announced the completion of its acquisition of VanderSat, a leading provider of advanced earth data and analytics. Planet recently became a publicly-traded company, Planet Labs PBC (NYSE: PL).

Earnings Call Mon, 13Dec2021

https://investors.planet.com/events-and-presentations/events/event-details/2021/Fiscal-Third-Quarter-2022-Earnings-Call/default.aspx

Sure, but these days I see it all the time. I saw these types of mistakes with folks I supervised, and it drove me crazy. I'm no English/composition major but damn...but here's the thing very few cared above me.

But I digress if this mistake is enough for you to question the viability of "PL" then I say dump and move on. Again, this is a spec play it could crash and burn, do nothing for years or take off because many will use/need what it's offering.

GLTY

At this moment no idea, I just happen to come across this gem (hopefully a gem) in no particular way and read up on their website, sounded interesting. We'll just have to wait and see if their vision is what the world wants/needs. I don't expect any real movement until they start reporting profitable numbers & a way forward the market interprets as profitable. So definitely spec play here. Earnings call, Monday 13 Dec:

https://investors.planet.com/events-and-presentations/events/event-details/2021/Fiscal-Third-Quarter-2022-Earnings-Call/default.aspx

GLTA

I just believe it discredits the analyst significantly (if their college education can't tell the difference between imaging and imagining)


It's like : Holy smokes......Should one believe ANYTHING this guy says ?

Easy, I see grammatical mistakes daily by journalists/educators quite frequently. Is this a reason to not believe in PL going forward or the analyst that wrote the statement? Not enough for me to worry about.