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Planet Labs Reports Record Revenue, Wins Contracts Ahead of Q3 Guidance

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Planet Labs reported record second-quarter revenue of $116.1 million, up 58% year over year, and highlighted new contract wins including an $8 million National Geospatial-Intelligence Agency award, a German tender worth up to €25 million over five years, and a national program with the Rwanda Space Agency. Q3 revenue guidance was set at $101 million to $105 million, and the firm raised the fiscal 2027 outlook.

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