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0.0043165086594989 0.00762671468672208 0.0235157036173931 0.0261638684391716 0.0228536624119485 0.025501827233727 0.00166834383772045 0.000344261426831227
Stock impact report

Planet Awarded Contract Renewal for Vessel Detection and Monitoring by US Navy [Yahoo! Finance]

Planet Labs PBC Class A (PL) 
Company Research Source: Yahoo! Finance
about Earth, today announced it has been awarded a $7.5 million contract renewal with the US Navy through its subsidiary Planet Labs Federal for vessel detection and monitoring over key areas of interest throughout the Pacific. The project integrates both Planet's daily, global PlanetScope data and high-resolution SkySat data into the Department of Transportation's SeaVision platform, a web-based maritime situational awareness tool co-developed with the US Navy. The contract also leverages the integration of AI technology from SynMax , a longtime Planet partner, who provides vessel detections and other analytics. Planet's daily global scan is uniquely suited for broad area management, and helps provide the SeaVision platform with comprehensive, near real-time vessel monitoring across millions of square kilometers. The US Navy also has access to Planet's high-resolution data, which is used to capture additional intelligence of critical events. Building on Planet's industry-leading Show less Read more
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