Author Topic: Planet Labs earth imaging satellites (Read 93827 times)

Zed_Noir · « **Reply #140 on:** 04/22/2022 02:35 am »

Quote from: TrevorMonty on 04/21/2022 05:28 pm

<snip>
It was matter of time before observation satellites starting using likes of Starlink for downlink. Downlink has always been bottle neck for these satellites plus high cost of maintaining ground stations.
In theory they can now download high definition video continuously.
<snip>

Small optical earth observation satellites might be gone in the not too distant future, IMO. Replaced with hosted observation payloads aboard LEO Constellation comsats.

XRZ.YZ · « **Reply #141 on:** 06/14/2022 10:49 pm »

https://investors.planet.com/news/news-details/2022/Planet-Reports-Financial-Results-for-First-Quarter-of-Fiscal-Year-2023/default.aspx

2022Q1 Financial report
Business growing, but all costs (R&D, sell, admin) grow much faster than revenue, leads to much worse loss.

https://investors.planet.com/news/news-details/2022/Planet-and-Bayer-Expand-Strategic-Relationship/default.aspx
A new customer for agriculture.

TrevorMonty · « **Reply #142 on:** 06/15/2022 12:48 am »

Quote from: XRZ.YZ on 06/14/2022 10:49 pm

https://investors.planet.com/news/news-details/2022/Planet-Reports-Financial-Results-for-First-Quarter-of-Fiscal-Year-2023/default.aspx

2022Q1 Financial report
Business growing, but all costs (R&D, sell, admin) grow much faster than revenue, leads to much worse loss.

https://investors.planet.com/news/news-details/2022/Planet-and-Bayer-Expand-Strategic-Relationship/default.aspx
A new customer for agriculture.

Their revenue maybe growing but not as fast as expenses. R&D, Sales &Market, Admin these have all double in since 4th quarter of 2021. R&D I can understand but the others?.

XRZ.YZ · « **Reply #143 on:** 06/15/2022 03:28 am »

Quote from: TrevorMonty on 06/15/2022 12:48 am

Quote from: XRZ.YZ on 06/14/2022 10:49 pm
https://investors.planet.com/news/news-details/2022/Planet-Reports-Financial-Results-for-First-Quarter-of-Fiscal-Year-2023/default.aspx

2022Q1 Financial report
Business growing, but all costs (R&D, sell, admin) grow much faster than revenue, leads to much worse loss.

https://investors.planet.com/news/news-details/2022/Planet-and-Bayer-Expand-Strategic-Relationship/default.aspx
A new customer for agriculture.
Their revenue maybe growing but not as fast as expenses. R&D, Sales &Market, Admin these have all double in since 4th quarter of 2021. R&D I can understand but the others?.

Sent from my SM-A528B using Tapatalk

For Sell & Marketing, this is corporate and gov oriented long term subscription service. Which means
1: you will need a lot of money to obtain every single customer,
2: Once you get a customer, it most likely to use your service for many years.

For example, you spend 300K to obtain a corporate customer that will pay 1 million per year. (250K per quarter), and with 40% gross profit.
On the quarter you obtained the customer, you actually loss 200K.
However, next quarter you do not need to pay marketing money to on this customer again so you have 100K gross profit.

This kind of company may spend a lot in marketing, you may loss money every quarter due to this for a while.

As long as the life time value LTV> customer acquisition cost CAC for avg customer.
This is good.

Admin cost is hard to understand since there are no details on what they are spending on.

gongora · « **Reply #144 on:** 09/21/2022 12:34 am »

Filing for the new Tanager hyperspectral satellites. 10 spacecraft. Just under 200kg each. Electric propulsion using Xenon propellant. Operate in SSO at 404-408km. Anticipate catching rideshares to around 525km and lowering to operational orbit. First sat should launch late 2023, then more in batches.

TrevorMonty · « **Reply #145 on:** 09/08/2023 11:05 am »

Latest financial results.

https://www.benzinga.com/pressreleases/23/09/b34334397/planet-reports-financial-results-for-second-quarter-of-fiscal-2024

They are ticking along, still awhile away from being profitable but plenty of cash reserves and revenue is growing so nothing to worry about.

gongora · « **Reply #146 on:** 10/14/2023 07:54 pm »

Tanager now four operational sats at a time, start launching in 2024
SAT-AMD-20231013-00251

spacenuance · « **Reply #147 on:** 03/29/2024 02:20 am »

Change in leadership.

Quote

Life update: I’ve made the very tough decision to step down as President of Planet. I won’t be going far though—after my last day in May, I’ll be continuing on as an advisor to the executive team, and staying close to our work in DC as a new member of the Planet Federal board.

https://twitter.com/kevinweil/status/1773473064908689582?s=20