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Benzinga

Business

Henry Khederian

Planet Labs (PL) Stock Surges On Major Defense Contracts

PL Planet Planet Labs

Binary,Options,Chart

Shares of Planet Labs PBC (NYSE:PL) are soaring Tuesday morning after the satellite imaging company announced a series of major recent contract wins with global defense and intelligence agencies.

What To Know: The agreements include a €240 million contract funded by Germany, which incorporates a multi-year, eight-figure annual renewal for data and AI services.

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Top stories on inkl right now

A mental-health co-responder was at the door when an Independence officer fired, killing a mother and her 11-week-old baby, family’s lawsuit says

A mental-health co-responder was at the door when an Independence officer fired, killing a mother and her 11-week-old baby, family’s lawsuit says

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We Got This Covered

Twelve injured, including six juveniles, in shooting near Florida university

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The Guardian - US

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The Independent UK

Suspect in shooting death of teen on Missouri highway charged in second road incident

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Man accused of shooting teen who was driving to a party has also been linked to shooting of a vehicle days earlier

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

The WNBA finals are a basketball wonderland – unless you’re part of the Maga machine

The WNBA finals are a basketball wonderland – unless you’re part of the Maga machine

The Dream and Valkyries are tied at 2-2 after four absorbing games. Many in America would rather we revisited the national anthem debate

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