Planet Labs to begin production of Pelican satellites in Germany

Planet Labs (PL) announced plans to begin production of Pelican satellites in Germany. This strategic decision will help Planet better meet growing demand from the European market, responding to a need for satellite and intelligence solutions. This new capital investment in its German operations is, in total, expected to exceed eight figures, and is anticipated to add up to 70 employees when fully operationalized to Planet’s existing team of nearly 150 in its Berlin-based European headquarters. Planet will continue to manufacture spacecraft in its San Francisco headquarters – which the company has plans to expand and where the recently announced Pelican production line is now fully ramped and operational. Planet will open this new facility in Berlin to double the overall production capacity of the Pelican fleet.