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

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

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

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


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