SKY Perfect JSAT Invests $230 Million in Planet Labs' Satellite Constellation

The Japanese satellite operator expands into Earth observation with plans to deploy Planet's Pelican satellites for defense and intelligence markets.

SKY Perfect JSAT, Asia's largest satellite company, is investing $230 million in Planet Labs' Pelican satellite constellation to enter the Earth observation market.
The investment will be executed through JSAT's U.S.-based subsidiary, JSAT Beyond Innovation, and aims to bolster its presence in defense and intelligence sectors.
JSAT's Pelican satellites will be launched using SpaceX's Falcon 9 rockets, reinforcing its strong partnership with the U.S. company.
The company plans to deploy 10 low-Earth orbit satellites by 2027, marking a shift from its traditional focus on geostationary communication satellites.
JSAT's shares rose by 9% following the announcement, reflecting market confidence in its strategic expansion.