Planet Labs PBC (PL) wins four major contracts in the Defense and Intelligence sector, totaling over €240 million. Contracts include support for European peace and security, maritime domain awareness, and enhanced surveillance functions. The company’s stock has gained 59% year-to-date as of July 15, showcasing impressive returns.

These contracts will enhance situational awareness and informed decision-making for government clients in the US and internationally. Planet Labs PBC’s national security offerings leverage satellite data and AI capabilities to meet rising demand in the Defense and Intelligence sector. The company’s momentum is evidenced by recent business wins.

Planet Labs PBC (PL) provides global satellite imagery and geospatial solutions. The company’s stock has been performing well in 2025, with a 59% year-to-date gain as of July 15. While PL shows investment potential, other AI stocks may offer greater upside with less downside risk. Investors are advised to explore alternative opportunities.

Read more at Yahoo Finance: Planet Labs PBC (PL) Wins Four Major Contracts in Defense and Intelligence Sector