Planet Labs PBC is trading 6.4% up today at $49.41 after announcing that its Pelican-11 next‑generation tech demonstration satellite has been shipped to Vandenberg Space Force Base for launch.
- The shipment marks a key operational milestone in the company's next‑generation constellation roadmap ahead of its upcoming earnings report.
- Investor attention is heightened as the satellite progress coincides with a broader market trend favoring large-cap growth and technology names.