SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced new strategic partnerships with artificial intelligence (AI) analytics providers at the U.S. Geospatial Intelligence Foundation’s 2023 GEOINT Symposium. These companies’ AI-powered analytics enable object detection and classification services on top of Planet’s high-frequency, medium- and high-resolution satellite data. Automated analytics are core to helping our customers better understand change and make critical decisions faster.
Rapid Automatic Image Categorization with Synthetaic
Wisconsin-based AI startup Synthetaic joined the Planet Orbit partnership program in April 2023. Their signature product, RAIC (Rapid Automatic Image Categorization), automates the analysis of large, unstructured datasets like geospatial imagery so even a non-technical user can detect objects in minutes, or train and deploy AI models radically faster than traditional approaches and without labeled data.
Through this partnership, customers are now able to obtain Synthetaic RAIC object detection analytics on top of a defined area of interest (AOI) within Planet data. The companies also plan to develop a combined offering that aims to enable additional alerting capabilities when change occurs or specific objects are detected within focus areas.
“When faced with an issue of commercial or national security importance, there’s no time to label and analyze huge swaths of data,” said Kevin Weil, Planet’s President of Product and Business. “This partnership will enable Synthetaic to RAIC Planet’s imagery and archive to deliver broad area search and daily monitoring of activity that can provide necessary information to industry and government analysts and decision-makers quickly.”
Synthetaic previously leveraged Planet’s daily scan and archive data to identify and trace the flightpath back-to-origin of a massive Chinese balloon that captured national attention when it flew across North America in February. They also used Planet data for disaster response and aid distribution modeling after a 7.8-magnitude earthquake in Turkey and Syria in February 2023.
“Initially finding the Chinese balloon was the ultimate needle in a haystack,” said Synthetaic CEO Corey Jaskolski. “It shows what RAIC can do, and we look forward to working with Planet and our collective customers to identify what other needles can be detected and monitored regularly on a global scale.”
Two demonstrations of these object detection capabilities – identification of airstrips and launchpads in the Asia-Pacific region, as well as the pair’s previous collaboration to identify and track the Chinese balloon – will be on display at Planet’s Booth #1201 and Synthetaic’s Booth #1810 throughout the Symposium dates.
Image enhancement and GeoAI analytics with SI Analytics
Planet also announced a new partnership with Deajeon, South Korea-based startup SI Analytics, which applies AI-powered Super Resolution and GeoAI Analytics, Object Detection/Segmentation algorithms, to satellite imagery in order to enhance the resolution to analyze changes and abnormalities for the areas of interest (AOI) with its GeoAI Pack.
SI Analytics intends to use Planet and other satellite operator data in its private sector abnormality detection initiative program. Set to launch at the Symposium today, SI Analytics announced its initiative to develop a North Korea Dynamic BMOA (Ballistic Missile Operation Area) Search Project with a goal to enhance global risk management and mitigate tensions in Asia and beyond. Leveraging satellites’ high-revisit capabilities, they plan to enable the monitoring of global risks in near real-time, detecting and disclosing abnormalities using their GeoAI Pack.
Value in Using AI with Earth Observation Data
“We believe proprietary data is where the real value is in the AI race,” said Weil. ”We have 50 petabytes of satellite data to train our own and partners’ AI and machine learning models that can be used for cases like building damage assessment, vessel detection, preventative mitigation of deforestation, and more.
Bolstering Planet’s own AI and ML Road & Building Detection tool, a number of the company’s partners offer solutions focused on AI and ML. A couple of those include:
- Building damage assessment - Planet worked with Microsoft AI for Good Lab to deploy an AI-based building damage assessment solution to assist in the response efforts of the United Nations in Ukraine as well as the Turkish government on the heels of the recent earthquake.
- Dark vessel detection – Partners like Royce Geo leveraged Planet imagery, paired with their computer vision models, to uncover critical answers to how tanker traffic volumes from Russia are changing, and where they are exporting and importing unsanctioned Russian oil across the globe.
Planet at GEOINT
Planet will be demonstrating AI solutions like these at Booth #1201 during the GEOINT Symposium May 21-24. Additionally, Planet will be speaking about these and other capabilities like rapid revisit; coastline mapping; and leveraging synthetic data for hyperspectral product development in various sessions throughout the Symposium.
About Planet Labs PBC
Planet is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites. Planet provides mission-critical data, advanced insights, and software solutions to over 880 customers, comprising the world’s leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on Twitter.
Forward-Looking Statements
Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the Company’s ability to capture market opportunity and realize any of the potential benefits from current or future product enhancements, new products, or strategic partnerships and customer collaborations. Forward-looking statements are based on the Company’s management’s beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future events and results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to the risk factors and other disclosures about the Company and its business included in the Company's periodic reports, proxy statements, and other disclosure materials filed from time to time with the Securities and Exchange Commission (SEC) which are available online at www.sec.gov, and on the Company's website at www.planet.com. All forward-looking statements reflect the Company’s beliefs and assumptions only as of the date such statements are made. The Company undertakes no obligation to update forward-looking statements to reflect future events or circumstances.
