Planet Labs Germany GmbH has secured a significant €240 million satellite services agreement, funded by the German government, to support European peace and security. The multi-year deal includes dedicated capacity and direct downlink services on Pelican satellites over specific European regions, along with access to PlanetScope and SkySat data, enhanced by AI-enabled solutions for improved situational and maritime domain awareness. This agreement, following a recent pivotal deal with NATO, reinforces Planet's role as a key partner in enhancing strategic capabilities amid a complex geopolitical landscape. Revenue recognition from this contract is expected to begin in January 2026.
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