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Latest 8 stories · newest Oct 29, 2026
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Planet Labs establishes $1.5B equity distribution agreement with 14 underwriters
Planet Labs PBC entered into an equity distribution agreement allowing the company to offer up to $1.5 billion of Class A Common Stock. The offering provides the company with flexible capital raising capability through multiple financial institutions including Goldman Sachs, Morgan Stanley, and Citi…
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Planet Labs reports Q1 FY2027 revenue of $94.2M, up 42% YoY with $906M backlog
Planet Labs delivered record quarterly revenue of $94.2 million with 42% year-over-year growth, driven by strong execution and a 72% increase in backlog to $906 million. The company ended the quarter with $731 million in cash after warrant redemptions, positioning it for continued growth investments…
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