SINGAPORE — Geospatial imagery and services competitors Airbus and Planet have entered into a framework agreement that could lead to “joint cooperation in new and existing markets, product offerings, sales and marketing efforts,” the two companies announced June 25.
The agreement, if taken to its logical conclusion, could help answer one of the most-asked questions in the New Space industry: Does Planet’s current business model allow for sufficient return on invested capital to survive over time? Airbus now would become the most likely strategic investor in Planet.
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