A research platform for investing in space: Space Stocks of all sizes, Space Funds and ETFs, pre-IPOs, private companies, Crowd-Funding, NFTs, and more.
Planet has scaled up earth observation via its utilization of satellite data for a wide array of industries. Their default standard operations are to image all of Earth’s landmass daily, to highlight global change, and have this data as accessible and actionable products. They have positioned themselves as a market leader, and have become a stable investment in the sector of earth observation stocks.
Planet’s range of products and services is tooled for high-frequency satellite data and downstream analytics, including Planet Monitoring, Planet Tasking, Planet Basemaps, Planetary Variables, Planet Hyperspectral, Planet Analytic Feeds, and using their Planet Platform. These solutions are directed to serve their industries such as agriculture, defence, intelligence, drought management, education and research, energy, infrastructure, forestry, land use, civil government, finance, insurance, mapping, maritime, sustainability, and emergency management.
Their bandwidth of data acquisition is direct from their 200 plus satellites, including satellites such as PlanetScope (3.7-meter resolution), RapidEye (5-meter resolution), and the SkySat (a 50-centimeter resolution – right on target for knowing what you neighbours are up to). These satellites have a various coverage, frequency, and resolution.
This is how Planet is constantly delivering geospatial insights at a remarkable speed, and can acquire customers and keep them always informed.
How to make a realistic evaluation of Planet’s share price? Answer: Track it from their debut as a Space SPAC darling, their fall from financial favourable grace to a realistically priced space stock among rivals, and now their steady and hopeful grind to decrease their yearly losses and one day deliver a dividend, or be the shivering take-over target from a large aerospace company.
Planet’s story and performance is interesting because as an established earth observation company they will one day step up to a better valuation, meaning their share price should gap up. But alas, timing markets, rumours, announcements and actual mergers is tough work!