LA PLATA, Maryland — Geospatial satellite imagery and service provider Planet Labs reported its first-ever quarter of positive free cash flow, its second consecutive adjusted EBITDA profit and said it had “multiple prospects” for contracts similar to its large January agreement with Japan’s Sky Perfect JSat.
Telecommunications satellite fleet operator Sky Perfect JSat is diversifying its business to include ownership and operation of 10 Planet-built high-resolution Pelican satellites. In addition to spurring production by Planet of the new Pelican product line, the multi-year . . .
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