Planet Labs is a San Francisco based startup that is looking to shake up space exploration through lower prices achieved by expert engineering. The company has already launched dozens of satallites into space and is planning on launching 28 more over the course of the next month. Their product is cheap because it is solar powered, has one maneuver setting, and is only expected to last a couple of years. However, their capability is not diminished as they have the ability of taking weekly photos of the Earth with details as small as a car. In total, the company plans on launching approximately 100 more satallites over the course of the year, bringing their total to 131 in space.
Planet Labs is fitting into the space exploration market nicely as they have found a niche audience their product applies to. With plans of creating a daily photo mosaic of the entire Earth, they will have a unique viewpoint that many companies will want to access. They will be able to strike deals with agricultural companies to monitor farmland or even governments looking to monitor and prevent nation disasters. What I love about this company is they are helping fix the major problem the world faces today; climate change. Using their technology for good and producing very little carbon output, I believe Planet Labs is poised to make strides in a highly lucrative market.
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