This Space Stock Is Building on Its Partnership With Nvidia and Is Using AI to Map Planet Earth in Real Time

Key Points

• Planet Labs has integrated artificial intelligence (AI) into its Pelican-4 satellites, powered by Nvidia’s Jetson Orin module.

• Having AI chips on board its satellites reduces latency and provides insights in minutes.

• The company is also establishing itself in defense and intelligence by securing contracts, such as the SHIELD contract with the Missile Defense Agency.

The space economy is on the rise, and one company making waves is Planet Labs (NYSE: PL). With its fleet of satellites circling the planet and capturing snapshots daily, Planet Labs has emerged as a leader in Earth imagery.

The company recently took a step forward by integrating artificial intelligence (AI) directly into its satellites, enabling it to deliver valuable insights to customers in just minutes. For investors looking to tap into the future of space technology, here’s why Planet Labs stock deserves a look.

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

Image source: Getty Images.

Planet Labs’ AI upgrade can provide insights in minutes, not hours

Planet Labs implemented on-orbit artificial intelligence (AI) inference directly on its Pelican-4 satellite, powered by Nvidia‘s Jetson Orin module. Traditionally, Planet Labs would capture the image, download it, process it…