Planet Labs Secures Multi-Year Satellite Services Deal with Swedish Armed Forces

Reuters01-12

Planet Labs Secures Multi-Year Satellite Services Deal with Swedish Armed Forces

Planet Labs PBC has announced a multi-year, low nine-figure agreement with the Swedish Armed Forces to supply a suite of satellites, space-based data, and awareness solutions to support Sweden’s peace and security operations. Under the contract, Sweden will own and operate a set of Planet’s satellites and have access to the company’s high-resolution data and intelligence services. Planet Labs PBC reports that this is its third satellite services contract in the past year, with similar agreements signed with Japan and Germany. The company expects to recognize revenue from the Swedish contract over several years and stated that the announcement does not alter its previously issued financial guidance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Planet Labs PBC published the original content used to generate this news brief via Business Wire (Ref. ID: 20260112080353) on January 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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