Browsing Tag
Pelican
2 posts
Global defense spending hits record $2.9T as satellite and drone names join the primes
Global defense spending hit a record $2.9T and is broadening beyond the primes. Planet Labs' record quarter, with defense revenue up 65%, shows the new defense-tech track.
June 5, 2026
Planet Labs PBC stock sits near 52-week high as Pelican satellite strategy gains defense traction
Sweden needed sovereign space faster than planned. Planet Labs’ Pelican launch turns that urgency into a defense growth test for PL.
May 3, 2026