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Planet Labs confirms big investment deal

The competition heats up: Planet Labs has confirmed obtaining an additional $95 million in investment capital on top of previous investments of $65 million.

Planet Labs has launched 73 satellites to date based on the 3U CubeSat form factor, about 30 centimeters in length and weighing only a few kilograms. Most of its satellites have been deployed from the International Space Station into short-lived orbits to test technology for later systems. That satellite total includes two spacecraft included on the latest cargo mission to the ISS, launched by SpaceX Jan. 10. Planet Labs built those satellites in nine days after 26 other Planet Labs satellites were lost in the Oct. 28 launch failure of an Orbital Sciences Corp. Cygnus cargo mission to the station.

Planet Labs plans to ultimately deploy a constellation of satellites to provide imagery of the entire planet every day. It has announced several partnerships with geospatial information companies to make use of imagery from its satellites for various applications.

What both this deal and the SpaceX/Google deal illustrate is the growing financial interest in space activity. Rather than governments financing the activity, private enterprise is going to do it. And it will do it far more efficiently with far far better results far far far more quickly.

The next decade or so in space exploration should be very exciting to watch. I wish I was forty years younger.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

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