Planet Renews Contract with the Federal Police of Brazil
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, today announced a 12-month contract renewal with the Federal Police of Brazil for its global daily monitoring over threatened rainforests. The contract has a seven-figure value and was formalized through Planet’s partner SCCON Geospatial (SCCON).With the aid of daily satellite imagery, public agents have reported collecting nearly $3 billion from fines, seized goods, and frozen assets related to illegal logging and mining. This represents a 7,500% return on investment for the Ministry of Justice and Public Safety’s strategic initiative. Through the country’s Brasil MAIS Program, the renewed contract will enable more than 100,000 users and more than 500 public institutions to continue monitoring 8.6 million square kilometers of Brazilian territory and marine coast areas.The Federal Police of Brazil maintains order and protects the country’s property from illegal act
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- 9/5/24 - Beat
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Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/4/24 - Form SC
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