[dharmab]

PlanetScope is 3.7m and captures the full land area of the earth daily (minus cloud cover, of course): https://www.planet.com/products/planet-imagery/

Disclaimer: I work for Planet.

I also disagree with the assertion "no one will actually pay you." Read pages 26-28 of the quarterly report for more information.

[fnands]

I work for a customer of Planet and can confirm, we pay Planet a lot of money each year.

[marcopicentini]

The Planet stock is down -70% since IPO (from 10$ in 2022 IPO to 3$ today).

NYSE: PL

[fnands]

And it took Amazon nearly a decade to get back to their internet bubble highs. PL got SPACed onto the stock market during the SPAC bubble.

That being said, while I do believe that Planet has one of the best business models in the industry, I do sometimes worry that they are a bit early, and their customers aren't ready for them yet.

As someone who has to work with their data (among others), Planet has some of the best APIs in the industry (it's a low bar though).

[marcopicentini]

Why do you think they haven’t rebounded during the last bull market (see Nvidia, MSFT, etc..)

[fnands]

Not really seen as an AI play. The bull market has been mostly driven by FAANG + Nvidia.

I'm mostly just playing devils advocate here, and the point I'm trying to make is share price alone isn't everything. Planet is growing its revenue YoY, and they might even be profitable soon (lol).

Also, my original point was that the company I work for buys a lot of data from Planet, which is something that's just increasing as we grow.

[marcopicentini]

Could you explain the use cases for you company? How do you use their data?