Planet Labs PBC Stock watching
On May 29, 2026, Planet Labs PBC (NYSE: PL) announced a new £15 million ($19 million) contract with the United Kingdom Ministry of Defence (MoD). The agreement provides the MoD with high--frequency satellite imagery and AI--driven change detection services to enhance maritime domain awareness and strategic infrastructure monitoring. This contract further solidifies Planet's position as a critical provider of commercial geospatial intelligence to NATO--aligned defense agencies, supporting the company's continued revenue growth in the international government sector.