I’ve mentioned I bought Planetary Labs last year (horrible timing obviously). I think it still has the potential to be an incredible high margin business. The stock is up 15% today on news they were awarded a 5 year US gov contract with potential for an extension for another 5 years.

This article does a good job of noting that while PL has not made a statement about the value of the contract, two other smaller companies did make statements that they value this contract in the billions of dollars. I think when PL does put a dollar figure on the statement, it’s going to be a sexy number and that will be a second big boost to the stock - buying more here: 

https://www.nasdaq.com/articles/why-planet-labs-stock-went-to-the-moon-today?amp

I’ve mentioned I bought Planetary Labs last year (horrible timing obviously). I think it still has the potential to be an incredible high margin business. The stock is up 15% today on news they were awarded a 5 year US gov contract with potential for an extension for another 5 years.  This article does a good job of noting that while PL has not made a statement about the value of the contract, two other smaller companies did make statements that they value this contract in the billions of dollars. I think when PL does put a dollar figure on the statement, it’s going to be a sexy number and that will be a second big boost to the stock - buying more here:   https://www.nasdaq.com/articles/why-planet-labs-stock-went-to-the-moon-today?amp

Alex

Another new entrant https://www.arraylabs.io/3d-imagery also using synthetic aperture radar satellites.  

Wonder if Planetary Labs will homegrow their own 🤔

Another new entrant https://www.arraylabs.io/3d-imagery also using synthetic aperture radar satellites.    Wonder if Planetary Labs will homegrow their own 🤔

We use a cluster of radar cubesats – working together in tandem – to collect images of the same location from multiple angles simultaneously.

Array Labs - High Quality Global 3D Imagery

Sooner or later.  SpaceAlpha / Alpha Insights is building the world’s most advanced, space-based Synthetic Aperture Radar (SAR) technology.  @Alex 

Space-based SAR allows operators to get highly detailed imaging data of Earth but unlike optical satellite imaging (e.g. Planet Labs) SAR works at night, through clouds, and through trees. Here is a helpful blog post that goes over how the technology works and why it’s so valuable: https://web.archive.org/web/20220129074758/https://ursaspace.com/blog/faq-what-is-sar/

Not familiar with the company - do you see them as direct competitors?

All meaningful returns in life, whether in wealth, relationships, or knowledge, come from compound interest.

🤓 let’s geek out 🤓

Illegitimi non carborundum

Sooner or later.  SpaceAlpha / Alpha Insights is building the world’s most advanced, space-based Synthetic Aperture Radar (SAR) technology.  @Alex   Space-based SAR allows operators to get highly detailed imaging data of Earth but unlike optical satellite imaging (e.g. Planet Labs) SAR works at night, through clouds, and through trees. Here is a helpful blog post that goes over how the technology works and why it’s so valuable: https://web.archive.org/web/20220129074758/https://ursaspace.com/blog/faq-what-is-sar/

A picture is worth a thousand words. We’re all familiar with this phrase used to capture the essence of a photograph. How much more would a picture be worth if it not only showed the presence of an ob

FAQ: What is SAR?

Competitive? 
https://www.alphainsights.space/

Competitive?  https://www.alphainsights.space/

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Summary

· Planet Labs reports fiscal Q2 2023 results that saw its revenue growth rates pick up momentum. That took the market by surprise, with its share jumping more than 10%.
· Further, two aspects shone in the quarter. Not only was there a substantial increase in dollar-based net retention.
· But there's a clear trend of improving non-GAAP gross margins, with its guidance for fiscal Q3 2023 pointing to 1,300 basis point expansion y/y.
· Given that PL stock is down more than 40% in a year, it's clear that this is one company that has been unjustifiably sold off.

https://seekingalpha.com/article/4540894-planet-labs-q2-earnings-surprises-investors-with-improving-metrics

Summary  · Planet Labs reports fiscal Q2 2023 results that saw its revenue growth rates pick up momentum. That took the market by surprise, with its share jumping more than 10%. · Further, two aspects shone in the quarter. Not only was there a substantial increase in dollar-based net retention. · But there's a clear trend of improving non-GAAP gross margins, with its guidance for fiscal Q3 2023 pointing to 1,300 basis point expansion y/y. · Given that PL stock is down more than 40% in a year, it's clear that this is one company that has been unjustifiably sold off.  https://seekingalpha.com/article/4540894-planet-labs-q2-earnings-surprises-investors-with-improving-metrics

Planet Labs reports fiscal Q2 2023 results that saw its revenue growth rates pick up momentum. Click here to find out why I put a buy rating on PL stock.

Alex

A group of likeminded people in The Most Important Thing are talking about this.