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  • Saturday, November 16, 2024

Planet Eyes Gov’t Market Footprint Growth Through Boundless Acquisition


Imaging satellite operator Planet has agreed to buy geospatial data management software vendor Boundless Spatial for an undisclosed sum to expand the former’s business in the public sector and commercial agriculture markets.

San Francisco-based Planet said Tuesday it aims to increase utilization of its imagery products in the government sector by leveraging Boundless™ technology platforms and services.

The future combined firm will create a subsidiary to sell commercial offerings to federal customers.

Boundless will maintain its office in St Louis, Mo., and a select number of staff after the deal closes.

Planet operates a fleet of Earth-monitoring satellites currently in orbit and delivers images to 30 ground stations worldwide.

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