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Stock impact report

Planet Renews Contract with the Federal Police of Brazil [Yahoo! Finance]

Planet Labs PBC Class A (PL) 
Company Research Source: Yahoo! Finance
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 activity. Illegal deforestation critically threatens the health of the Amazon Rainforest. Its enormous size makes it impossible for authorities to physically see or be everywhere all at once. Planet's daily satellite imagery not only helps the RedeMAIS partners map and monitor the country's landmass, but also now helps alert users to near real-time changes in for Show less Read more
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