Planet Labs: 53% of revenue is from outside US; Brazil cites high return on Planet investment; promising NATO contract

by Peter B. de Selding

TUPPER LAKE, NY — Geospatial imagery and analytics provider Planet Labs reported a sharp increase in revenue from outside the United States, in part because U.S. revenue has included a large amount of commercial business, which has been sluggish.

For the three months ending July 31, Planet said reported revenue of $61.1 million, up 14% from a year ago. Business in the Asia-Pacific region was up 40%, Latin America was up over 30%, with Europe, the Middle East and Africa up 20%.

Non-US customers . . .

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