Planet Labs is becoming a mission-critical defense asset as geopolitical competition drives demand for daily global monitoring, with defense and intelligence revenue up over 65% in Q1. It won a $10M+ NGA contract extension for maritime awareness and large sovereign imaging deals with the Czech government, Greece and Sweden's defense ministry. New high-resolution Pelican satellites with sub-minute revisit should lift revenue per user, and 99% of annual contract value is subscription-based. x.com 

Planet Labs is gapping up to all-time highs on record revenue, backlog up 79% year over year and positive free cash flow. It is a later-stage gap after three straight quarterly gaps, but it could still be worth a try since gappers have been working. x.com 

Planet Labs is not yet a buy after its 24% drop because a newly announced $1.5 billion at-the-market offering hangs over every bounce. Filings will show how much is sold: light use of $100-200 million would limit the overhang, while aggressive early selling would mean more downside. The $28-30 zone, about 24x forward revenue on the new $433 million guide, is still rich but closer to fair for high-growth space and defense names, and a retest of $25 would be an excellent entry. x.com 

BlackSky is evolving from selling satellite images into high-margin AI analytics subscriptions, deeply embedded in U.S. defense and intelligence. In early June the National Reconnaissance Office funded acceleration of its AROS mapping program toward 2028, an international defense client signed a nearly $30 million annual subscription, and the Air Force Research Laboratory awarded a $99 million IDIQ. Gen-3 satellites at 35cm resolution drive demand, and over 70% of revenue comes from governments. … Show more

Planet Labs holding its gains in a psychotic market is remarkable, and it should go much higher once conditions normalize. It has delivered four monster earnings reports in a row and never broke its 10-week moving average. x.com 

Planet Labs should offer immense value as the number one player with the best network, but management keeps failing to unlock it. As a public benefit corporation, it is not permitted some forms of monetization. It needs to get its act together and focus on revenue, and with no visibility on when or if that happens, caution is warranted. x.com 

Planet Labs holds an unmatched Earth-observation data asset for defense and commercial customers. x.com 

Listed space stocks were sold because SpaceX's IPO vacuumed up the sector's marginal dollar, not because their contracts stopped. AST SpaceMobile launched the three largest comm arrays ever, with 60 carriers signed; Rocket Lab booked $663M from the Space Force in nine days; Planet Labs' backlog exceeds annual revenue; BlackSky printed its first EBITDA-positive quarter; Firefly, a Golden Dome interceptor selectee, trades below its IPO price; and Redwire's revenue rose 90%. x.com 

The space trade is where AI was in 2022: a $613 billion economy in 2024 with a multiyear tailwind that most retail investors do not own. Rocket Lab is the only public US rocket company at scale; Iridium offers pole-to-pole satellite coverage and real cash flow; Karman supplies parts to every rocket launched; Planet Labs provides daily satellite imagery and just had its first profitable year; and AST SpaceMobile delivers direct satellite-to-smartphone broadband. x.com 

Spire Global looks cheap at 5x EV/sales with 50% revenue growth expected in 2026, against Planet Labs at 22x EV/sales with 40% growth. @wliang, comparing Planet Labs' $12B market cap with BlackSky's $1B and Satellogic's $700M, expects the space-imaging valuation gap could fill soon. x.com