Kai Risdahl

You know, I should note that Bloomberg News is a customer of Planet Labs, but anybody can go and look at this data and see what they want to see on the ground.

So who are their typical customers before we get into the reason we're talking to you?

Sure.

Government's the biggest one, and I'm sure we're going to get into that and the tension there.

On the commercial side, it's kind of all over the place.

There are companies that are doing things like maritime tracking of ships in the Strait of Hormuz, for example.

There's big agricultural giants, so think about Bayer.

Yeah, any kind of intelligence operations where you're trying to assess what's happening on the ground, that's where those customers are.

Okay, to that tension and the government.

Early last month, Planet Labs announced that the government had come to them and requested that they, I guess, suspend their service.

Explain that a little bit.

Sure.

Yeah, just about a month ago on April 5th, Planet Labs announced that they had gotten this voluntary request from the government.

You know, we should note that they said that it was voluntary.

Yeah, that's air quotes here, right?

Yeah, air quotes, definitely.

Because, yeah, so over a large section of the Middle East, so this is not just Iran, but this is all the Gulf countries.

This is Israel, Lebanon, you know, so it's a very large section of the world.

So they moved to what's called this managed access model.

So all that imagery in their streaming service-like platform, it disappears.