Planet Labs (PL) Stock Surges 10% Following Major European Satellite Imagery Deal

Planet Labs Stock Jumps After Greece Satellite Deal Puts Europe Demand In Focus

Planet Labs shares rose 10.8% after its German unit secured a two-year, seven-figure contract to supply satellite imagery to Greece’s National Satellite Space Project. The deal, signed via the European Space Agency, expands Greece’s pilot program to nationwide monitoring. Planet closed Friday at $39.04, valuing the company at $12.1 billion. The company reports fiscal Q1 2027 results on June 4. The post Planet Labs Stock Jumps After Greece Satell…

Planet Labs (PL) Stock Surges 10% Following Major European Satellite Imagery Deal

The post Planet Labs (PL) Stock Surges 10% Following Major European Satellite Imagery Deal appeared on BitcoinEthereumNews.com. Key Highlights Shares of Planet Labs surged 10.78% following news that its German division secured a European Space Agency-backed agreement with Greece The two-year satellite imagery contract carries a seven-figure value, strengthening near-term revenue expectations Options traders showed increased bullish sentiment wit…