Planet Labs (PL) said Thursday its Planet Labs Federal subsidiary has won a $22 million option year 1 extension for Maritime Domain Awareness and a new contract for Global Monitoring Service from the National Geospatial-Intelligence Agency.
The agency exercised the extension option under the Luno B indefinite delivery, indefinite quantity contract for Advanced Analytics for Maritime Operations and Reconnaissance following a successful inaugural program, the company said.
The new contract will support ongoing crisis response efforts, Planet Labs said. Financial details were not provided.
Planet Labs shares were down 1.5% in early trading Thursday.
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