10 VLEO Technology Stocks and Startups to Watch in 2025

3. Planet Labs Pbc (NYSE:PL)

Latest Valuation/Funding Estimate: $1.81 billion market capitalization

Number of Hedge Fund Holders: 8

Planet Labs Pbc (NYSE:PL) is a dominant player in the commercial satellite imaging industry, leveraging VLEO technology to provide high-frequency, high-resolution Earth observation data. With a fleet of over 200 small satellites, known as “Doves”, “Pelicans”, and “SkySats”, the company has built the world’s largest Earth imaging constellation, enabling daily global coverage with a sharper image quality and faster revisit times, making its data hyper-important for industries like agriculture, defense, urban planning, and environmental monitoring. The California-based company ranked fourth on a recent list of 15 Industrial Stocks Skyrocketing So Far In 2025.

One of Planet Labs Pbc (NYSE:PL)’s biggest competitive advantages is its ability to offer near real-time geospatial intelligence at scale. The company’s satellites capture imagery with resolutions ranging from 3 to 50 centimeters, providing governments, businesses, and researchers with unprecedented insights into land use, climate change, disaster response, and geopolitical developments. This high revisit frequency gives Planet Labs Pbc (NYSE:PL) a strong edge in the growing demand for real-time Earth observation data, particularly for industries that require constant monitoring and change detection.

As an investment, Planet Labs Pbc (NYSE:PL) stands out due to its subscription-based revenue model, which provides steady, recurring income from commercial and government clients. The increasing adoption of satellite-based analytics for supply chain management, precision agriculture, and national security makes PL a key player in the expanding geospatial intelligence market. The company’s edge in this space is already confirmed by record-high bookings reported during the recent 3Q 2024 earnings call. Here’s what Management said:

“In summary, we won multiple large contracts with government customers that we believe positions us to reaccelerate growth as those contracts ramp and expand. On the product front, we’ve made improvements to our core daily scan data. We’re capturing a powerful new data set with our first Tanager satellite, which we expect to commercialize in the months ahead, and we plan to launch our next Pelican satellite shortly. Finally, the adoption of AI-enabled solutions amongst both government and commercial customers is growing. We’re focused on leveraging our platform and partners to nurture this adoption, increase customer value, expand the addressable market and ultimately build greater predictability and growth into the business.”