Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced that they have signed a contract with American Crystal Sugar Company, through Planet partner SatAgro, a precision agriculture company. Leveraging Planet satellite data, American Crystal Sugar is informing their advanced sugar beet monitoring work in the northern United States.

As the largest beet sugar producer in the U.S., American Crystal Sugar’s grower-owned cooperative provides about 15 percent of America’s finest quality sugar. With this collaboration, American Crystal Sugar has taken innovative strides to research and invest in some of the latest global capabilities offered for precision farming. The company is now able to process and analyze PlanetScope satellite data within SatAgro’s tailor-made interface, providing the company near daily insights about harvest progression, yield formation speed and yield forecast, in order to support informed decisions on crop management.

“Covering sugar beet production in real-time across the Red River Valley of North Dakota and Minnesota is a challenge, and this new ability to monitor harvest progress and crop size is critical to managing our assets and resources,” said Joe Hastings, General Agronomist at American Crystal Sugar. “It also gives us greater confidence in crop yield and harvest progress predictions.”

By creating intuitive and scalable digital tools, SatAgro enables their users across the agricultural industry to optimize inputs as well as improve crop yields and overall agricultural management and sustainability. Their digital platforms leverage a multitude of data sources, including Planet satellite imagery, to offer unique agronomic solutions, from fertilizer management plans compatible with smart machinery to various yield prediction methods.

“For the past four seasons, we have had the privilege of helping implement new aspects of digital farming with American Crystal Sugar. Now that PlanetScope data has become a significant source of crop intelligence, we see a step change in the quality of service,” said the founder of SatAgro, Przemyslaw Zelazowski.

“Farmers and agriculture companies need timely and precise insights from Earth observation data and a seamless means of integrating this data into their day to day work,” said Ashley Johnson Planet President and CFO. “With ongoing data from Planet and analysis from SatAgro, American Crystal Sugar can advance its critical work to improve the sustainability and profitability of sugar beets and feed a growing population.”

With help from Planet’s partners, like SatAgro, Planet’s daily stream of high-resolution satellite imagery enables precision agriculture at scale, even in regions with frequent cloud cover. Providing a combination of broad area coverage, field-level detail, frequent in-season revisit rates, and rapid access, Planet’s data can help provide valuable input at each stage of crop management. To learn more about these solutions, visit Planet’s website.

About Planet

Planet is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites. Planet provides mission-critical data, advanced insights, and software solutions to over 1,000 customers, comprising the world’s leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on X (formerly Twitter) or tune in to HBO's ‘Wild Wild Space'.

Planet Press Lauren Neville Cottrell comms@planet.com

Planet Investor Relations Chris Genualdi, Cleo Palmer-Poroner ir@planet.com

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