Planet Expands Strategic Partnership with SynMax, Offering Customers AI-Enhanced Vessel Identification, Classification, and Smart Surveillance Capabilities - Seite 2

Earlier this month, Planet announced that it was awarded a contract by the Naval Information Warfare Center (NIWC) Pacific for the use of this vessel detection technology. NIWC Pacific will integrate Planet and SynMax’s data and technology into their SeaVision platform to gain situational awareness of key areas of interest throughout the Pacific Ocean. Further, SynMax has applied a subset of its Theia technology to meet the unique requirements of the NIWC Pacific project.

Together, Planet and SynMax aim to open new possibilities for insurance companies, sanctioning bodies, ministries of security, maritime operators, and investment firms looking to gain situational awareness regarding clandestine commodity flows.

About Planet

Planet is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day and make change visible, accessible, and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites. Planet provides mission-critical data, advanced insights, and software solutions to over 950 customers, comprising the world’s leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on Twitter.

About SynMax

SynMax is an innovative intelligence company that provides actionable intelligence to the energy and maritime sectors. SynMax specializes in leveraging advanced machine learning and artificial intelligence against satellite imagery and large datasets. In doing so, they automatically monitor marine activity at an unparalleled scale across whole oceans, extracting and synthesizing actionable intelligence at an otherwise unimaginable speed. With a foundation in delivering comprehensive ground truths rather than predictions, SynMax's innovative approach sets new standards in the industry.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240320202553/en/

The Planet Labs PBC Registered (A) Stock at the time of publication of the news with a raise of +6,79 % to 2,36USD on NYSE stock exchange (20. März 2024, 01:04 Uhr).