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Planet Labs PBC ( (PL) ) has issued an announcement.
On January 10, 2025, Planet Labs PBC announced the election of General John W. Raymond to its board of directors by stockholder consent. Gen. Raymond, previously the first Chief of Space Operations for the U.S. Space Force, brings significant experience in space strategy and operations, which is expected to bolster Planet’s public sector expansion and strategic growth. His election will become effective following the statutory period after the shareholder’s notice, anticipated in early 2025. Planet views his expertise as critical in advancing its mission of providing high-resolution satellite imagery to address global challenges.
More about Planet Labs PBC
Planet Labs PBC is a leading provider of global, daily satellite imagery and geospatial solutions. Founded in 2010 by three NASA scientists, the company operates the largest Earth observation fleet of imaging satellites. Planet serves over 1,000 customers in various sectors including agriculture, forestry, intelligence, education, and finance, offering mission-critical data and advanced insights. It is listed on the New York Stock Exchange under the ticker symbol PL.
YTD Price Performance: -3.53%
Average Trading Volume: 4,221,124
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.11B
For an in-depth examination of PL stock, go to TipRanks’ Stock Analysis page.
