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 | $12.89 | $13.73 | $12.89 | $4.14B | 8.66M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| -$0.07 | n/a | 56.24 | -24.47% | -30.79% | 0% |