Planet and Bayer Accelerate Digital Innovation in Agriculture with Major Enterprise License Expansion
26 February 2025 - 1:02AM
Business Wire
Planet Labs PBC (NYSE: PL), a leading provider of daily data and
insights about change on Earth, today announced an expanded
relationship with Bayer through a multi-year enterprise license
agreement. This agreement increases Bayer’s access to Planet’s
satellite imagery and analytics, expanding into commercial
operations and enabling enhanced decision-making across its global
agricultural operations.
By leveraging a suite of Planet products, including PlanetScope,
Tasking, Fusion, Basemaps, and Planetary Variables, Bayer can make
faster, data-driven agronomic decisions with high-frequency,
high-resolution imagery, improving efficiency across its
operations. By consistently monitoring fields, Bayer enhances trial
oversight, optimizes logistics, and ensures timely interventions
for better crop performance. Additionally, scalable remote sensing
enables standardized phenotypic assessments and strategic long-term
planning, driving innovation in product development and field
management. The enterprise agreement ensures seamless access to
Planet’s data, allowing Bayer teams to integrate satellite insights
into their workflows with greater flexibility and efficiency.
“At Bayer, we are committed to harnessing cutting-edge
technology to advance regenerative agriculture and enhance
productivity,” said Christina Lawrence, Head of Seed Production
Innovation at Bayer’s Crop Science Division. “Through this
relationship with Planet, we are equipping our teams with powerful
geospatial data to drive informed decisions, optimize operations,
and deliver greater value to farmers around the world.”
This collaboration builds upon the companies’ long-standing
relationship and supports Bayer’s continued efforts to develop
innovative, data-driven solutions for climate-smart agriculture and
supply chain resilience. Through co-development initiatives and
enhanced data integration, Bayer and Planet are working together to
unlock new insights that improve agricultural efficiency and
environmental stewardship.
“We are thrilled to expand our relationship with Bayer through
this enterprise agreement,” said Charlie Candy, Chief Revenue
Officer at Planet. “By providing Bayer with seamless access to our
satellite imagery and analytics, we are empowering them to make
more informed, data-driven decisions that not only drive
productivity but also help reduce waste and create efficiencies
within the agricultural ecosystem, ultimately contributing to more
productive agricultural outcomes.”
The enterprise license agreement signifies a commitment to
long-term collaboration, ensuring that Bayer has the geospatial
intelligence needed to support its strategic priorities and advance
digital innovation in agriculture. Learn more about Planet’s and
Bayer’s previous work together to shape the future of farming, and
explore Bayer’s Human Activity docuseries to hear how Planet
satellite data is helping transform the regenerative agriculture
industry.
About Planet
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 1,000 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 X (formerly Twitter) or tune in to HBO's ‘Wild Wild
Space’.
Forward-looking Statements
Certain statements contained in this press release are
“forward-looking statements” about Planet within the meaning of the
securities laws, including statements about Planet’s strategic
partnerships, Planet’s future growth in new and existing markets,
and Planet’s ability to scale to meet customer and partner demand.
Such statements, which are not of historical fact, involve
estimates, assumptions, judgments and uncertainties. There are a
number of factors that could cause actual results or outcomes to
differ materially from those addressed in the forward-looking
statements. Such factors are detailed in Planet’s filings with the
Securities and Exchange Commission. Planet does not undertake an
obligation to update its forward-looking statements to reflect
future events, except as required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250225042074/en/
Planet Press Claire Bentley Dale press@planet.com
Planet Investor Relations Cleo Palmer-Poroner
ir@Planet.com
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