NRO EOCL Award To Planet Worth An Initial $146M

Will Marshall
Planet has now given an indication on the NRO award but CEO Will Marshall declined to provide as much detail as rivals have.
Credit: Josh Edelson/AFP/Getty Images
The U.S. National Reconnaissance Office’s initial commercial imagery award to Planet Labs under the Electro-Optical Commercial Layer (EOCL) p is worth at least around $146 million, practically doubling the remote-sensing upstart’s backlog. Planet executives—who in recent weeks have declined to...

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