11:24 AM EDT, 03/21/2025 (MT Newswires) -- Planet Labs (PL) said Friday it was chosen as the primary subcontractor for the California Air Resources Board's Satellite Data Purchase Program.

The multi-year, $95 million contract was awarded to Carbon Mapper, with Planet Labs using its Tanager hyperspectral satellites and other data products to monitor and track methane emissions in California and worldwide.

Shares of Planet Labs were down over 15% in recent trading.

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