Planet Labs Sinks 8% Despite New Defense Contract, Intuitive Machines Pulls Back, AST SpaceMobile Sits Out Broad-Market Rally

Planet Labs Sinks 8% Despite New Defense Contract, Intuitive Machines Pulls Back, AST SpaceMobile Sits Out Broad-Market Rally

A new European defense contract and a fresh analyst Buy rating landed for Planet Labs on Thursday, yet the stock cratered anyway while the broader market rallied. Something specific to this sector is spooking investors ahead of a closely watched earnings release tonight.

Planet Labs wins 7-figure European defense deal; stock falls in premarket

Planet Labs (PL) signs a 7-figure, 1-year European defense contract for Planet Mosaics & services, boosting defense growth—get the details now.

Planet Labs (PL) Stock Wins Major European Defense Deal Following NGA Partnership

Planet Labs (PL) stock wins 7-figure European defense contract. Revenue surged 42% YoY to $94.15M while analysts maintain Hold rating at $35.36 target.

Planet Labs (PL) Stock Lands European Defense Contract After NGA and Swedish Army Deals

TLDR Planet Labs secured a 7-figure, one-year contract with a European defense and intelligence customer The deal covers Planet Mosaics and professional services for operational planning The contract follows earlier 2026 deals with the NGA, Swedish Armed Forces, and Defense Innovation Unit Analysts...

Planet Signs 7-Figure Agreement with European Defense and Intelligence Customer

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC, a leading provider of daily data and insights about change on Earth, today announced a 7-figure, 1-year agreement with a European defense and intelligence customer. This contract will supply the customer with Planet Mosaics and dedicated Professional Services support, providing timely and actionable intelligence across critical areas of interest for operational planning. “Defense and intelligence …

Planet Labs Signs 7-Figure Agreement with European Defense and Intelligence Customer

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