Planet Labs PBC
Planet Labs PBC Dismisses Ernst & Young LLP and Appoints KPMG LLP as New Auditor
Summary
On April 3, 2024, Planet Labs PBC dismissed its previous independent registered public accounting firm, Ernst & Young LLP (EY), effective immediately. The Audit Committee of the Board of Directors approved the engagement of KPMG LLP as the new independent registered public accounting firm for the fiscal year ending January 31, 2025, also effective immediately. No disagreements or reportable events were reported with EY, and no consultations with KPMG have taken place regarding accounting, auditing, or financial reporting issues.
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About Planet Labs PBC
Planet Labs PBC is a leading Earth imaging and data analytics company specializing in capturing and providing frequent, high-resolution satellite imagery of the Earth. Its primary function is to operate fleets of small, specialized satellites—often called "Doves"—that capture detailed images of Earth's surface daily. This vast constellation of satellites enables Planet Labs to provide valuable insights and data across various sectors, including agriculture, forestry, urban planning, and environmental monitoring. Through its continuous data acquisition capabilities, Planet Labs empowers businesses, governments, and researchers with critical information needed for timely decision-making and strategic planning. The company plays a significant role in enhancing the understanding of global environmental changes, supporting disaster response efforts, and optimizing land use planning. Established in 2010 and headquartered in San Francisco, Planet Labs is at the forefront of revolutionizing how data from space is used to inform decisions on Earth, establishing a new paradigm in satellite data accessibility and utilization. Its contributions span across numerous industries, making it a pivotal player in the space and geospatial information markets.
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