Planet Labs PBC
Election of Retired General John W. 'Jay' Raymond to Planet Labs' Board
Summary
On January 10, 2025, Planet Labs PBC elected General (Retired) John W. 'Jay' Raymond to its board of directors by written consent of its stockholders. Raymond, who served as the first Chief of Space Operations for the U.S. Space Force, brings extensive experience in space operations and strategy. His appointment is expected to become effective on the 40th day after the Notice of Internet Availability of Information Statement is sent to stockholders, likely in early 2025. Raymond will receive compensation as per the Company's Outside Director Compensation Policy.
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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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