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Stock impact report

Planet Partner SatAgro Signs a Contract with American Crystal Sugar Company for Sugar Beet Crop Monitoring

Planet Labs PBC Class A (PL) 
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced that they have signed a contract with American Crystal Sugar Company, through Planet partner SatAgro, a precision agriculture company. Leveraging Planet satellite data, American Crystal Sugar is informing their advanced sugar beet monitoring work in the northern United States.As the largest beet sugar producer in the U.S., American Crystal Sugar’s grower-owned cooperative provides about 15 percent of America’s finest quality sugar. With this collaboration, American Crystal Sugar has taken innovative strides to research and invest in some of the latest global capabilities offered for precision farming. The company is now able to process and analyze PlanetScope satellite data within SatAgro’s tailor-made interface, providing the company near daily insights about harvest progression, yield formation speed and yield forecast, in order to support informed dec Show less Read more
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