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-0.00497893527384154 0.00920720030639592 0.00689391037916506 0.00289927230945989 -0.0241286863270778 -0.027384144006128 -0.044810417464573 -0.0455764075067025
Stock impact report

Planet Selected as a Prime Under $151B SHIELD IDIQ

Planet Labs PBC Class A (PL) 
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced it was selected as a prime contractor by the Missile Defense Agency under the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract vehicle. The SHIELD contract, which has a ceiling of $151 billion, encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility.As a SHIELD prime, Planet intends to build upon the operational successes of its work with the DIU, the NGA, the NRO, the US Navy, and NATO, empowering the US government to utilize its proven global monitoring services (GMS) and maritime domain awareness solutions and data for persistent, AI-enabled detections and warnings. Planet is proud to support the defense and intelligence (D&I) sector with the scalable analytics and lead Show less Read more
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