PALM BEACH, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The launch of communication satellites into space has become a cornerstone of modern technology, revolutionizing the way individuals, businesses, and governments connect and communicate across the globe. With increasing reliance on digital infrastructure, communication satellites serve as the backbone for seamless data transmission, bridging the gap between remote regions and urban centers to create a more interconnected and efficient world… and the market is expected to continue to grow in the coming years. A report from Allied Market Research projected that the global satellite communication market size is projected to reach $110.7 Billion by 2033, growing at a CAGR of 9.7% from 2024 to 2033. Communication satellites play a critical role in delivering internet access, broadcasting services, and mobile communications to regions where terrestrial networks are impractical or unavailable. From rural areas to developing nations, these satellites ensure that essential connectivity reaches underserved populations, fostering economic development, education, and social inclusion. Satellites provide essential communication networks for industries such as defense, emergency response, and transportation. In times of natural disasters, when traditional infrastructure is often compromised, satellite communication enables first responders and governments to coordinate relief efforts and ensure public safety. The ongoing deployment of communication satellites supports next-generation technologies like 5G, IoT (Internet of Things), and artificial intelligence. Satellites enable real-time data sharing between devices, empowering industries such as autonomous transportation, smart cities, and remote healthcare to function with greater efficiency and precision. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Rocket Lab USA, Inc. NASDAQ: RKLBNASDAQRKLB)(NYSE: NOCNYSENOC, Virgin Galactic Holdings, Inc. (NYSE: SPCENYSE), Planet Labs PBC (NYSE: PLPL).
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that Ashley Johnson, President and Chief Financial Officer, will participate in a fireside chat at the 27th Annual Needham Growth Conference on January 14th, 2025, at 3:00 p.m. Eastern Time. The discussion will be hosted by Ryan Koontz, Managing Director & Senior Equity Research Analyst at Needham & Company. The company will also be available for 1x1 meetings with investors.
Planet Labs PBC (NYSEPL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for the period ended October 31, 2024.
Planet Labs PBC (NYSEPL), a leading provider of daily Earth data and insights, today announced that its latest high-resolution satellite Pelican-2 and 36 SuperDoves have arrived at Vandenberg Space Force Base on December 9, in preparation for liftoff in early 2025 on board the Transporter-12 Rideshare mission with SpaceX. Pelican-2 joins Pelican-1 (a smallsat platform tech demonstration launched last year) as part of Planet’s next-generation, high-resolution fleet, to support and expand its existing SkySat capabilities.
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that they have expanded their contract with Colombia’s National Police. Leveraging Planet’s satellite data, the Colombian National Police monitors and works to eradicate illicit crop growth and harvest in near-real time.
The company provides high cadence geospatial data through satellite constellations, serving various sectors including agriculture, energy, finance, and government.
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year, seven-figure deal with Laconic, a company leading a global shift in climate finance, empowering governments to monetize natural carbon assets through its Sovereign Carbon securitization platform. For the next three years, Laconic will be receiving both Planet’s 3 meter Forest Carbon Monitoring product and its 30 meter Forest Carbon product.
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent report from Introspective Market Research projected that the Space Battery Market Size is predicted to show a 6.56% CAGR through 2032. In the rapidly advancing space industry, the demand for reliable, efficient, and innovative battery cell technology has become paramount. From enabling satellite operations and interplanetary missions to supporting the growing commercial space economy, energy storage solutions are at the heart of modern aerospace advancements. Space Battery Cells play a vital role in Space Missions. Battery cells are indispensable for space exploration due to their ability to store and deliver energy in harsh, unforgiving environments characterized by: Extreme Temperatures: Operating effectively in the vast thermal fluctuations of space; Radiation Exposure: Withstanding the high radiation levels of outer space; and Microgravity: Functioning optimally in weightless conditions. These batteries power a wide range of applications, including: Satellites and Orbital Platforms: Ensuring consistent energy for Earth observation, communication, and scientific data collection; Lunar and Deep Space Missions: Enabling spacecraft, landers, and rovers to operate autonomously in remote environments; and Rocket Propulsion Systems: Supporting reusable and expendable rocket technology. The integration of cutting-edge battery technology is crucial for overcoming the challenges of space exploration. Reliable energy systems ensure mission success, enable groundbreaking scientific discoveries, and support the sustainable growth of the space economy. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Rocket Lab USA, Inc. NASDAQ: RKLBNASDAQRKLB)(NYSE: PLNYSEPL, Intuitive Machines, Inc. (NASDAQ: LUNRNASDAQ), Solid Power, Inc. (NASDAQ: SLDPSLDP).
Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced that Robert Cardillo, Chief Strategist and Chairman of the Board of Planet Federal, will participate in a fireside chat at the Goldman Sachs Industrials & Materials Conference on December 5th, 2024, at 9:20 a.m. Eastern Time. The discussion will be hosted by Noah Poponak, Managing Director and U.S. Aerospace & Defense Equity Research Analyst at Goldman Sachs. The company will also be available for 1x1 meetings with investors.
