Key Takeaways:
- Planet Labs PBC expands its partnership with Abelio, enabling the French technology company to access nearly triple the amount of agricultural data across France.
- Abelio leverages Planet’s satellite data to optimize solutions in nitrogen management, irrigation, crop monitoring, and disease and weed detection.
- The Planet Insights Platform provides Abelio with real-time data and APIs, significantly improving data analysis, automation, and cost efficiency.
- Abelio’s nitrogen management solution has already helped farmers reduce nitrogen use by 5-10% on average.
Expanded Partnership to Provide Enhanced Data for French Agriculture
Planet Labs PBC (NYSE: PL), a leader in Earth observation and data analytics, has expanded its partnership with Abelio, a French company specializing in smart farming solutions. Through this agreement, Abelio will now have access to nearly three times the amount of satellite data from Planet Labs compared to 2023, empowering the company to offer more precise agricultural insights across France. Abelio has integrated the PlanetScope satellite data and Planet Insights Platform into its agronomic solutions, focusing on improving precision agriculture practices for sustainable and efficient farming.
Ashley Johnson, President of Planet Labs, commented on the expansion, stating, “We are very excited by this expansion with Abelio. With increased access to our satellite data, they can continue to strengthen their models and offer broader locations for customers. With growing food demands and increased sustainability regulations, having advanced solutions for precision agriculture is critical for the 21st century.”
Leveraging Satellite Data for Precision Agriculture
Abelio’s agronomic solutions use powerful algorithms and AI models built on Planet’s real-time satellite data, including PlanetScope and Sentinel-2 data streams, to deliver actionable insights for farmers. This expanded access will allow Abelio to enhance data-informed solutions for various agronomic practices, from nitrogen fertilizer management to disease detection.
Samuel Bonnard, Head of International Business Development at Abelio, emphasized the company’s commitment to providing practical, timely solutions for farmers. “We have a farmer-first approach at Abelio, and that means that we also look to deliver the most timely and detailed data into our agronomic solutions,” he said. “Our work with Planet has let us smoothly analyze valuable near-real-time data streams and scale our solutions just over a few years.”
Automation and Cost Efficiency through the Planet Insights Platform
The Planet Insights Platform, equipped with an API for easy data integration, has enabled Abelio to automate several service components, improving efficiency and reducing costs. By automating data analysis and streamlining machine learning model training, Abelio can rapidly process real-time data and provide more scalable precision agriculture solutions. Abelio has reported significant cost savings and faster development times thanks to this integrated approach.
Improved Solutions for Sustainable Farming Practices
Using Planet’s satellite data, Abelio’s nitrogen management solution has already contributed to a 5-10% reduction in nitrogen use among its users. This reduction not only enhances profitability for farmers but also supports local environmental sustainability. With the expanded data access, Abelio plans to further refine its offerings in nitrogen management and strengthen solutions for irrigation management, crop monitoring, disease detection, and weed control.
Planet Labs Latest News
American Crystal Sugar Partners with Planet Labs for Advanced Crop Monitoring (2024/10/08)
Planet Labs has partnered with precision agriculture company SatAgro to improve sugar beet monitoring in the Red River Valley of North Dakota and Minnesota. The partnership will provide near-daily insights into harvest progression, yield formation, and yield forecasts, enabling informed crop management decisions. The data will be processed and analyzed within SatAgro’s interface, providing real-time updates on crop size and harvest status. This partnership represents a significant step forward in precision farming, enabling American Crystal Sugar to optimize crop inputs and improve overall agricultural sustainability. Planet Labs President and CFO, Ashley Johnson, emphasized the partnership’s implications for sustainability in agriculture, stating that with ongoing data from Planet and analysis from SatAgro, American Crystal Sugar can advance its work to improve the sustainability and profitability of sugar beets and feed a growing population.
Planet Labs and ZEP-RE Extend Contract to Enhance Drought Risk Protection in Horn of Africa (2024/05/21)
Planet Labs PBC has extended a contract with African reinsurance company ZEP-RE for a 5-year project aimed at enhancing drought risk protection in the Horn of Africa (HOA). The partnership, which began in October 2022, uses Planet’s satellite data to track NDVI values, enabling faster payouts to pastoralists affected by drought. The partnership aims to improve access to financial services for drought risk mitigation and facilitate livestock trade.
Enhances Agricultural Insights with Latest Financial Growth and Satellite Innovations (2024/03/29)
Planet Labs PBC (NYSE: PL) has reported strong financial performance for January 31, 2024, with an 11% year-over-year increase in Q4 revenue to $58.9 million and a 15% full-year revenue uplift to $220.7 million. The company’s satellite imagery and AI-driven insights are revolutionizing sustainable farming practices, crop monitoring, and insurance, with advancements in satellite technology and strategic agricultural partnerships driving its growth in the agricultural sector. With a strong financial position and a focus on further investment in agricultural technology and partnerships, Planet is poised for continued growth, with anticipated revenue between $58 million and $61 million for the upcoming quarter.
Read more here.
Accelerates Earth Data Platform (2024/08/15)
Planet Labs has completed the acquisition of the business of Holding Sinergise, a leading developer platform for Earth observation data. This acquisition is in line with Planet’s mission to democratize access to geospatial data. The technology behind Sinergise’s Sentinel Hub platform will enhance Planet’s capacity to offer a comprehensive platform for EO data processing. The acquisition also marks a significant expansion of Planet’s operations in Europe.
Agrograph and Planet Labs Join Forces to Boost Geospatial Data Technology (2023/06/05)
Planet Labs PBC and Agrograph have partnered to serve clients across the globe, offering enhanced solutions that streamline business and farm risk management. The partnership builds upon the existing successes of the two organizations since 2021, providing data and imagery solutions in the Americas, Europe, Asia, and Australia. Agrograph’s Agros™ Platform merges satellite imagery, varied data sources, and field-scale predictive modeling to generate industry-specific solutions. Planet’s SkySat and PlanetScope data provide a continuous flow of medium to high-resolution data, allowing for timely updates in imagery and monitoring of risk and environmental changes. Through this partnership, Agrograph can enhance their solutions with Planet’s high-resolution imagery to deliver comprehensive reports on crop production, finance and insurance risk, land use changes, farm management, and sustainability measurements.
Extends Partnership With AXA Climate (2023/05/11)
AXA Climate uses Planet Lab’s satellite data to estimate crop yield and losses, providing drought insurance services for farmers worldwide. Planet operates the largest fleet of Earth observation satellites, collecting images of every land-based location on Earth on a near-daily basis. AXA Climate receives a measurement of soil water content from Planet’s Planetary Variables Soil Water Content data feed, which helps determine the risk for drought-related losses. The insights generated from Planet’s satellite data are also valuable in developing new approaches to mitigate climate change beyond agriculture.
NASA Harvest & Planet Labs Join Forces To Further Monitoring Solutions (2023/01/13)
NASA Harvest and Planet Labs PBC (NYSE: PL) have joined forces to promote the joint Food Security and Agricultural Monitoring Solution. The service seeks to provide analyses of possible hazards to global food security and policy-grade agriculture monitoring. National governments, international organizations, NGOs, and other interested parties from all around the world will be presented with the answer. For a trial project, Planet and NASA Harvest have joined forces with the goal of enhancing global agricultural decision-making. Though the two groups have previously collaborated on a variety of impact- and science-related projects, this is their first official business partnership. The partnerships were spawned by NASA’s Commercial SmallSat Data Acquisition (CSDA) Program, for which Planet has been supplying data since 2018.