Planet Labs Finance Chief Says SPAC Deal was Key to Recent Growth

dMY IV

Ashley Johnson, CFO for Planet Labs, said the satellite-imaging company made the right call to go public by combining with a SPAC.

The Google-backed satellite-imaging company recently raised its revenue expectations for the fiscal year, which ends this month, The Wall Street Journal reports.

Planet Labs combined with dMY Technology IV in December 2021, receiving a minimum of $589 million on the deal. Read more.

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