Planet Labs PBC (NYSE: PL), a leading provider of daily data and
insights about Earth, today announced new strategic partnerships
with artificial intelligence (AI) analytics providers at the U.S.
Geospatial Intelligence Foundation’s 2023 GEOINT Symposium. These
companies’ AI-powered analytics enable object detection and
classification services on top of Planet’s high-frequency, medium-
and high-resolution satellite data. Automated analytics are core to
helping our customers better understand change and make critical
decisions faster.
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Rapid Automatic Image Categorization with Synthetaic
Wisconsin-based AI startup Synthetaic joined the Planet Orbit
partnership program in April 2023. Their signature product, RAIC
(Rapid Automatic Image Categorization), automates the analysis of
large, unstructured datasets like geospatial imagery so even a
non-technical user can detect objects in minutes, or train and
deploy AI models radically faster than traditional approaches and
without labeled data.
Through this partnership, customers are now able to obtain
Synthetaic RAIC object detection analytics on top of a defined area
of interest (AOI) within Planet data. The companies also plan to
develop a combined offering that aims to enable additional alerting
capabilities when change occurs or specific objects are detected
within focus areas.
“When faced with an issue of commercial or national security
importance, there’s no time to label and analyze huge swaths of
data,” said Kevin Weil, Planet’s President of Product and Business.
“This partnership will enable Synthetaic to RAIC Planet’s imagery
and archive to deliver broad area search and daily monitoring of
activity that can provide necessary information to industry and
government analysts and decision-makers quickly.”
Synthetaic previously leveraged Planet’s daily scan and archive
data to identify and trace the flightpath back-to-origin of a
massive Chinese balloon that captured national attention when it
flew across North America in February. They also used Planet data
for disaster response and aid distribution modeling after a
7.8-magnitude earthquake in Turkey and Syria in February 2023.
“Initially finding the Chinese balloon was the ultimate needle
in a haystack,” said Synthetaic CEO Corey Jaskolski. “It shows what
RAIC can do, and we look forward to working with Planet and our
collective customers to identify what other needles can be detected
and monitored regularly on a global scale.”
Two demonstrations of these object detection capabilities –
identification of airstrips and launchpads in the Asia-Pacific
region, as well as the pair’s previous collaboration to identify
and track the Chinese balloon – will be on display at Planet’s
Booth #1201 and Synthetaic’s Booth #1810 throughout the Symposium
dates.
Image enhancement and GeoAI analytics with SI
Analytics
Planet also announced a new partnership with Deajeon, South
Korea-based startup SI Analytics, which applies AI-powered Super
Resolution and GeoAI Analytics, Object Detection/Segmentation
algorithms, to satellite imagery in order to enhance the resolution
to analyze changes and abnormalities for the areas of interest
(AOI) with its GeoAI Pack.
SI Analytics intends to use Planet and other satellite operator
data in its private sector abnormality detection initiative
program. Set to launch at the Symposium today, SI Analytics
announced its initiative to develop a North Korea Dynamic BMOA
(Ballistic Missile Operation Area) Search Project with a goal to
enhance global risk management and mitigate tensions in Asia and
beyond. Leveraging satellites’ high-revisit capabilities, they plan
to enable the monitoring of global risks in near real-time,
detecting and disclosing abnormalities using their GeoAI Pack.
Value in Using AI with Earth Observation Data
“We believe proprietary data is where the real value is in the
AI race,” said Weil. ”We have 50 petabytes of satellite data to
train our own and partners’ AI and machine learning models that can
be used for cases like building damage assessment, vessel
detection, preventative mitigation of deforestation, and more.
Bolstering Planet’s own AI and ML Road & Building Detection
tool, a number of the company’s partners offer solutions focused on
AI and ML. A couple of those include:
- Building damage assessment - Planet worked with Microsoft AI
for Good Lab to deploy an AI-based building damage assessment
solution to assist in the response efforts of the United Nations in
Ukraine as well as the Turkish government on the heels of the
recent earthquake.
- Dark vessel detection – Partners like Royce Geo leveraged
Planet imagery, paired with their computer vision models, to
uncover critical answers to how tanker traffic volumes from Russia
are changing, and where they are exporting and importing
unsanctioned Russian oil across the globe.
Planet at GEOINT
Planet will be demonstrating AI solutions like these at Booth
#1201 during the GEOINT Symposium May 21-24. Additionally, Planet
will be speaking about these and other capabilities like rapid
revisit; coastline mapping; and leveraging synthetic data for
hyperspectral product development in various sessions throughout
the Symposium.
About Planet Labs PBC
Planet is a leading provider of global, daily satellite imagery
and geospatial solutions. Planet is driven by a mission to image
the world every day, and make change visible, accessible and
actionable. Founded in 2010 by three NASA scientists, Planet
designs, builds, and operates the largest Earth observation fleet
of imaging satellites. Planet provides mission-critical data,
advanced insights, and software solutions to over 880 customers,
comprising the world’s leading agriculture, forestry, intelligence,
education and finance companies and government agencies, enabling
users to simply and effectively derive unique value from satellite
imagery. Planet is a public benefit corporation listed on the New
York Stock Exchange as PL. To learn more visit www.planet.com and
follow us on Twitter.
Forward-Looking Statements
Except for the historical information contained herein, the
matters set forth in this press release are forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995, including,
but not limited to, the Company’s ability to capture market
opportunity and realize any of the potential benefits from current
or future product enhancements, new products, or strategic
partnerships and customer collaborations. Forward-looking
statements are based on the Company’s management’s beliefs, as well
as assumptions made by, and information currently available to
them. Because such statements are based on expectations as to
future events and results and are not statements of fact, actual
results may differ materially from those projected. Factors which
may cause actual results to differ materially from current
expectations include, but are not limited to the risk factors and
other disclosures about the Company and its business included in
the Company's periodic reports, proxy statements, and other
disclosure materials filed from time to time with the Securities
and Exchange Commission (SEC) which are available online at
www.sec.gov, and on the Company's website at www.planet.com. All
forward-looking statements reflect the Company’s beliefs and
assumptions only as of the date such statements are made. The
Company undertakes no obligation to update forward-looking
statements to reflect future events or circumstances.
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Press Contacts Megan Zaroda Planet Labs PBC
comms@planet.com
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