I've read Planet Labs sells data to governments and businesses, which seems like a steady source of income. What is the competition for a company like this? Who else is in the market of what are basically spy satellites, apart from government agencies?
Planet Labs
PL
NYSE
IPO2021
about PL
Planet Labs leverages a constellation of small satellites to capture high-resolution Earth imagery and data, supporting applications in environmental monitoring, agriculture, urban planning, and beyond.
type | open | high | low |
market cap |
volume |
---|---|---|---|---|---|
stock | $6.61 | $6.65 | $6.25 | $1.98B | 8.95M |
eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
-$0.04 | n/a | 30.50 | -34.36% | -19.06% | 0% |