The two companies will create joint solutions by integrating Planet’s high-frequency Earth observation data with Google Cloud’s cloud-based infrastructure
Geospatial solutions provider Planet has expanded its partnership with Google Cloud to provide planetary-scale satellite data analysis to governments and enterprises.
Under the expanded partnership, the two companies will engage in developing joint solutions for enhanced data-driven decision-making.
The solutions will be created by integrating Planet’s high-frequency Earth observation data with Google Cloud’s cloud-based infrastructure.
The new combined offering is expected to enable customers to leverage Google Cloud’s global, flexible infrastructure and BigQuery to process large volumes of Planet data on-the-fly, build scalable workflows, and inform business decisions.
Planet product and business president Kevin Weil said: “Planet customers want scalable compute and storage. Google Cloud customers want broader access to satellite data and analytics.
“This partnership is a win-win for both, as it helps customers transform their operations and compete in a digital-first world, powered by Planet’s unique data set.”
Planet and Google Cloud have also agreed to jointly explore commercial solutions that will leverage satellite data to assist customers to improve transparency and drive operational efficiencies.
Google Cloud services will continue to be used by Planet for its own internal data hosting and processing.
Planet is engaged in capturing terabytes of daily, global satellite imagery that offer continuously refreshed insights about the changing Earth.
Google Cloud partnerships director Chris Arisian said: “Bringing its vast and growing data on our planet to Google Cloud will make it possible for both public and private sector organizations to store, access, and utilize it from anywhere – we’re proud to partner with Planet to help businesses make more data-informed and sustainability-driven decisions.”
In July this year, Planet signed a merger agreement with dMY Technology Group, a special purpose acquisition company, to go public. The deal valued the satellite imagery company at a post-transaction equity value of nearly $2.8bn.
The company, which was founded in 2010 by three NASA scientists, designs, builds and operates one of the largest Earth observation fleets of imaging satellites.