SEVILLE, Spain — Satellite Earth observation data and service provider Planet Labs said it’s on track to become EBITDA-profitable by the end of 2024 as the company moves toward a higher-profit, satellite-as-a-service model in addition to its base business of providing imagery from its in-orbit fleet.
The company said its expanded sales teams, with an eye on the profitability goal, are now focusing on fewer deals with larger revenue and margin impact.
“There is a lot of focus in the commercial . . .
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