Market Newsdesk

Oblong Bolsters Decentralized AI Strategy with Bittensor ($TAO) Purchase and Staking

$1.65M deployed into $TAO from new capital raised in June 2025

5,025 tokens acquired and fully staked into the Bittensor ecosystem

DENVER–(BUSINESS WIRE)–
Oblong, Inc. (Nasdaq: OBLG, “Oblong” or the “Company”), today announced it has strengthened its decentralized AI treasury strategy by acquiring 5,025 $TAO tokens for $1.65 million, using proceeds from its recent $7.5 million financing. This follows the Company’s June 6, 2025, announcement to pivot toward decentralized AI, with the purchase of $TAO at an average price of $328.38 per token reinforcing its commitment to innovative, high-growth assets for investors.

The $TAO investment underscores Oblong’s focus on Bittensor’s decentralized AI protocol, which fosters global collaboration in machine learning. By staking all 5,025 tokens in the Bittensor network, the Company is actively supporting the ecosystem while enhancing its treasury’s performance. “Oblong’s initial $TAO purchase fulfills its commitment to a forward-thinking reserve while exploring Bittensor ecosystem partnerships, as $TAO’s innovative AI approach offers compelling exposure to a rapidly growing sector,” said Peter Holst, CEO of Oblong.

This is the first of several planned investments in the Bittensor ecosystem, with Oblong evaluating additional $TAO purchases on a weekly basis. The Company is also exploring partnerships within the Bittensor ecosystem to potentially develop technology offerings, further aligning its operational and treasury strategies. Transparent updates on treasury performance, including staking yields and token holdings, will be provided in Oblong’s Q2 2025 earnings results and at upcoming investor conferences.

About Oblong, Inc.

Oblong (Nasdaq: OBLG) is building a robust cryptocurrency treasury focused on decentralized artificial intelligence (AI) and the acquisition of $TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. The Company also provides innovative video collaboration and network solutions, centered around our patented Mezzanine™ product line and managed services.

Forward-looking and cautionary statements

This press release and any oral statements made regarding the subject of this release contain forward-looking statements as defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, that address activities that Oblong assumes, plans, expects, believes, intends, projects, estimates, or anticipates (and other similar expressions) will, should, or may occur in the future are forward-looking statements and include, but are not limited to, the intended use of proceeds from the Company’s recent financing, and statements regarding market opportunity and the Company’s new Bittensor-centric AI and digital asset strategy. Oblong’s actual results may differ materially from its expectations, estimates, and projections, and consequently, you should not rely on these forward-looking statements as predictions of future events. Without limiting the generality of the foregoing, forward-looking statements contained in this press release include statements relating to the Company’s plans to explore partnerships within the Bittensor ecosystem to potentially develop technology offerings. The forward-looking statements are based on management’s current belief, based on currently available information, as to the outcome and timing of future events and involve factors, risks, and uncertainties, including market and other conditions and the volatility of market price for our securities, that may cause actual results in future periods to differ materially from such statements. A list and description of these and other risk factors can be found in the Company’s Annual Report on Form 10-K for the year ending December 31, 2024, the Company’s Form 8-K filed on June 6, 2025 and in other filings made by the Company with the SEC from time to time. Any of these factors could cause Oblong’s actual results and plans to differ materially from those in the forward-looking statements. Therefore, the Company cannot give any assurance that its future results will be as estimated. The Company does not intend to, and disclaims any obligation to, correct, update, or revise any information contained herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250701216438/en/

Investor Relations Contact

David Clark

[email protected]

(213) 683-8863 ext. 5

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS: Finance Cryptocurrency Professional Services Technology Artificial Intelligence

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Posted on July 1, 2025 11:11 am

TAO Synergies (Formerly Synaptogenix) Begins Trading Under New Nasdaq Stock Symbol “TAOX” Effective at Market Open Today

PR Newswire

New name and stock symbol highlight strategic commitment to TAO, the leading AI
cryptocurrency

NEW YORK
, July 1, 2025 /PRNewswire/ — TAO Synergies Inc. (Nasdaq: TAOX) (the “Company”), formerly Synaptogenix, Inc. (Nasdaq: SNPX), announces that its common stock, listed on the Nasdaq Capital Market, begins trading under the new ticker symbol, “TAOX,” effective at the market open today, July 1, 2025. The new name and trading symbol coincides with the Company’s previously announced digital asset treasury strategy focused exclusively on acquiring and staking TAO cryptocurrency.

Executive Chairman Joshua Silverman commented, “With our team’s deep knowledge of the TAO ecosystem and relationships in the industry, TAO Synergies is positioned to optimize TAO staking as we capitalize on the growth of decentralized AI and increasing institutional interest in new innovations.”

Effective today, all stock trading, Securities and Exchange Commission filings and market-related information will be reported under the new trading symbol “TAOX.” The CUSIP for the Company’s common stock is unchanged. There is no action required by the Company’s current stockholders with respect to the trading symbol change. 

About TAO Synergies

TAO Synergies Inc. (formerly Synaptogenix, Inc.) is the first pure-play public company focused on the convergence between cryptocurrency and artificial intelligence (AI). The Company’s differentiated cryptocurrency treasury strategy is centered exclusively on the acquisition of TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. TAO Synergies Inc. seeks to stake TAO for revenue generation and capital appreciation, a strategy that underscores its mission to create significant value for shareholders.

Forward-Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. These and other factors are identified and described in more detail in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to update these forward-looking statements.

Contact
800-811-5591
[email protected]

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SOURCE TAO Synergies Inc.

Posted on July 1, 2025 11:11 am

Wavetek Deploys Silvaco’s Victory TCAD™ to Drive Innovation in GaN-Based Connectivity Solutions

SANTA CLARA, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Silvaco Group, Inc. (“Silvaco”) (NASDAQ: SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that Wavetek has adopted Silvaco’s Victory TCAD™ solution for the development of next-generation Gallium Nitride (GaN) devices targeting high-performance connectivity applications in 5G, Wi-Fi, and IoT markets.

As demand for high-efficiency, high-frequency GaN devices continues to rise, Wavetek is leveraging Silvaco’s advanced simulation tools to design and optimize high electron mobility transistors (HEMT) and pseudomorphic HEMTs (pHEMT). Silvaco’s Victory TCAD solution delivers accurate GaN-based device models, enabling rapid prototyping and robust device performance evaluation before fabrication.

“Silvaco’s Victory TCAD platform gives us the ability to precisely model GaN device behavior under real-world conditions,” said Dr. Barry Lin, CTO of Wavetek. “This level of insight is critical for achieving the performance and reliability targets demanded by next-generation RF and power applications.”

Silvaco’s Victory suite supports a wide range of advanced technologies including RF, Power, Photonics, CMOS, Memory, and Display. With powerful device simulation, process modeling, and parameter extraction capabilities, Victory TCAD helps leading semiconductor companies accelerate R&D cycles and reduce time-to-market.

“We are pleased to support Wavetek in their development of cutting-edge GaN technologies,” said Eric Guichard, Ph.D., Senior Vice President and General Manager of Silvaco’s TCAD Division. “Our simulation solutions are engineered to meet the rigorous demands of modern semiconductor innovation in high-frequency and Wide Band-gap market segments.”

For more information about Silvaco’s Victory TCAD platform, visit www.silvaco.com.

About Silvaco Group, Inc.

Silvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco’s solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan. Learn more at silvaco.com.

Contacts

Media Relations:
Tiffany Behany, [email protected]

Investor Relations:
Greg McNiff, [email protected]

Posted on July 1, 2025 11:09 am

Terreno Realty Corporation Acquires Property in Queens, NY for $31.1 Million

Terreno Realty Corporation Acquires Property in Queens, NY for $31.1 Million

BELLEVUE, Wash.–(BUSINESS WIRE)–Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Long Island City, Queens, New York on June 30, 2025 for a purchase price of approximately $31.1 million.

The property consists of one industrial distribution building containing approximately 48,000 square feet on 2.2 acres. The property is at 49-10 27th Street, adjacent to the entrance to the Queens-Midtown Tunnel, and provides ten dock-high and 14 grade-level loading positions. The property is vacant. Upon acquisition Terreno Realty Corporation will substantially renovate the building including new truck loading configuration, new office, new warehouse and exterior lighting, slab repair and possibly a roof raise. The renovated property, expected to be completed in 2026, is expected to have a total investment of approximately $40.2 million and the estimated stabilized cap rate is 5.5%.

Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. Total acquisition cost includes the initial purchase price, the effects of marking assumed debt to market, buyer’s due diligence and closing costs, estimated near-term capital expenditures and leasing costs necessary to achieve stabilization.

Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C.

Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250630016784/en/

Jaime Cannon

415-655-4580

KEYWORDS: United States North America Washington New York

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

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BigBear.ai Demonstrates AI-Driven Forecasting and Sentiment Analysis at Project Convergence – Capstone 5 Experiment

MCLEAN, Va.–(BUSINESS WIRE)–
BigBear.ai (NYSE: BBAI), a leading provider of mission-ready AI for defense and national security, today announced its participation in Project Convergence – Capstone 5 (PC-C5). PC-C5 is a combined joint and multinational experiment allowing partners and allies across Australia, Canada, France, Japan, New Zealand, United Kingdom, and all branches of the United States military to integrate resources and technologies in support of defense transformation efforts for future warfighters.

The PC-C5 experiment presented opportunities for multinational forces to test Next Generation Command Control (NGC2) systems using relevant AI models. BigBear.ai’s Virtual Anticipation Network (VANE) platform proved critical in helping forces quickly gain situational awareness and identify emerging threats. Operators highlighted its forecasting models, accurate sentiment analysis for detecting adversarial narratives, and metadata tagging for navigating unfamiliar environments and filtering relevant media.

“BigBear.ai is proud that VANE continues to demonstrate operational value in real-world exercises and experiments like PC-C5, involving forces from multiple nations,” said Ryan Legge, President of National Security at BigBear.ai. “These environments validate the critical role AI plays in supporting faster, more accurate decision-making for warfighters. The feedback we received will inform future enhancements to better serve our mission partners.”

BigBear.ai remains committed to equipping military and intelligence professionals with tools that can help improve how they perceive, predict, and act in complex operational environments.

To learn more about BigBear.ai’s VANE, visit https://bigbear.ai/resources/virtual-anticipation-network-vane-solution-brief/.

About BigBear.ai

BigBear.ai is a leading provider of AI-powered decision intelligence solutions and services for national security, defense, travel and trade, manufacturing and supply chains. Customers and partners rely on BigBear.ai’s artificial intelligence and predictive analytics capabilities in highly complex, distributed, mission-based operating environments. Headquartered in McLean, Virginia, BigBear.ai is a public company traded on the NYSE under the symbol BBAI. For more information, visit https://bigbear.ai and follow BigBear.ai on LinkedIn: @BigBear.ai. To receive email communications from BigBear.ai, register here.

Forward-Looking Statements

This press release contains “forward-looking statements.” Such statements include, but are not limited to, statements regarding the intended use of proceeds from the private placement and may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; risks related to the uncertainty of the projected financial information (including on a segment reporting basis); risks related to delays caused by factors outside of our control, including changes in fiscal or contracting policies or decreases in available government funding; changes in government programs or applicable requirements; budgetary constraints, including automatic reductions as a result of “sequestration” or similar measures and constraints imposed by any lapses in appropriations for the federal government or certain of its departments and agencies; influence by, or competition from, third parties with respect to pending, new, or existing contracts with government customers; our ability to successfully compete for and receive task orders and generate revenue under Indefinite Delivery/Indefinite Quantity contracts; potential delays or changes in the government appropriations or procurement processes, including as a result of events such as war, incidents of terrorism, natural disasters, and public health concerns or epidemics; and increased or unexpected costs or unanticipated delays caused by other factors outside of our control, such as performance failures of our subcontractors; risks related to the rollout of the business and the timing of expected business milestones; the effects of competition on our future business; our ability to issue equity or equity-linked securities in the future, and those factors discussed in the Company’s reports and other documents filed with the SEC, including under the heading “Risk Factors.” More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250701385698/en/

General/Sales: [email protected]

Investors: [email protected]

Media: [email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Public Policy/Government Defense Technology Military Government Technology Homeland Security Artificial Intelligence

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E3, a Willdan Company, Selected for $9.8 Million Technical Services Contract to Support CPUC’s Integrated Resource Plan

ANAHEIM, Calif.–(BUSINESS WIRE)–
Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected for a $9.8 million contract to provide technical services for the California Public Utilities Commission’s (CPUC) Integrated Resource Plan. This four-year contract, with an option to extend the contract for two additional years, includes energy modeling, technical analysis, and strategic advisory services to help the State of California plan electricity resource strategies that can meet ambitious climate and clean energy goals. Energy + Environmental Economics (E3), Willdan’s wholly-owned subsidiary, will lead this effort. E3 has provided technical support for CPUC’s Integrated Resource Plan since 2016.

“We’re proud to continue assisting one of the nation’s most ambitious clean energy planning initiatives,” said Mike Bieber, Willdan’s CEO. “For over two decades, E3 has provided critical technical expertise and modeling tools to support the CPUC’s electricity planning efforts, and we look forward to advancing California’s clean energy goals through this continued collaboration.”

About the California Public Utilities Commission

The California Public Utilities Commission is a regulatory agency that regulates privately owned public utilities in the state of California, including electric power, telecommunications, natural gas, and water companies. The CPUC regulates services and utilities, protects consumers, safeguards the environment, and assures Californians access to safe and reliable utility infrastructure and services. Visit www.cpuc.ca.gov for more information.

About Willdan

Willdan is a nationwide provider of professional, technical, and consulting services to utilities, government agencies, and private industry. Willdan’s service offerings span a broad set of complementary disciplines that include electric grid solutions, energy efficiency and sustainability, energy policy planning and advisory, engineering and planning, and municipal financial consulting. For additional information, visit Willdan’s website at www.willdan.com.

Forward-Looking Statements

Statements in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. It is important to note that Willdan’s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors listed from time to time in Willdan’s reports filed with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K filed for the year ended December 27, 2024. Willdan cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Willdan disclaims any obligation to, and does not undertake to, update or revise any forward-looking statements in this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250701796889/en/

Al Kaschalk

Vice President

310-922-5643

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Professional Services Utilities Sustainability Alternative Energy Energy Environment Construction & Property Engineering Urban Planning Finance Consulting Manufacturing

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Byline Bancorp, Inc. to Announce Second Quarter 2025 Financial Results on Thursday, July 24

Conference call and webcast to be held on Friday, July 25

CHICAGO–(BUSINESS WIRE)–
Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its second quarter 2025 financial results after market close on Thursday, July 24, 2025.

Byline Bancorp will also host a conference call and webcast at 9:00 a.m. Central Time on Friday, July 25, 2025 to discuss its financial results. Analysts and investors may participate in the question-and-answer session.

Conference Call, Replay and Webcast Information:

Date: Friday, July 25, 2025

Time: 9:00 a.m. Central Time

Telephone Access: 833-470-1428; passcode: 014057

Telephone Replay (available through August 8, 2025): 866-813-9403; passcode: 590803

Webcast Access: A live webcast will be available on the News and Events page in the Investor Relations section of the Company’s website. An archived version of the webcast will be available in the same location shortly after the live call has ended.

About Byline Bancorp, Inc.

Headquartered in Chicago, Byline Bancorp, Inc. is the parent company of Byline Bank, a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $9.6 billion in assets as of March 31, 2025 and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services including small ticket equipment leasing solutions and is one of the top Small Business Administration lenders in the United States.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250701609646/en/

Contact For Byline Bancorp, Inc.:

Investors / Media:

Brooks O. Rennie

Head of Investor Relations

Byline Bank

(312) 660-5805

[email protected]

 

 

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Planet Secures Four Major Wins for AI-Enabled Solutions in the Defense and Intelligence Sector

• Four New Significant AI-enabled Solution Contracts Awarded in June

• AI-enabled Solutions Provide Countries with Critical ‘Peripheral Vision’

• Contract Wins Reinforce Planet’s Path to Accelerating Growth

SAN FRANCISCO–(BUSINESS WIRE)–
Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced that following its June 4, 2025 earnings announcement, it has secured four major awards for its new AI-enabled solutions with customers in the Defense & Intelligence sector. These wins build on the global momentum discussed on Planet’s last earnings call.

These contracts support enhanced situational awareness and informed decision-making for government customers in the U.S. and internationally. They underscore the growing demand for Planet’s modern approach to national security, leveraging its proprietary satellite data and advanced artificial intelligence (AI) capabilities.

Among the key agreements being highlighted:

• As announced today in a separate press release, Planet won a €240 million contract, funded by Germany, one component of which is a multi-year contract renewal with an 8-figure annual value for PlanetScope data and AI-enabled solutions.

• In addition, Planet’s existing Hybrid Space Architecture (HSA) contract with the Defense Innovation Unit (DIU), part of the U.S. Department of Defense, was recently expanded in support of the U.S. Indo-Pacific Command (INDOPACOM). It will provide AI-enabled solutions focused on delivering vital indications and warnings for national security. As the U.S. government modernizes its defense capabilities, Planet’s broad area data and AI advancements are designed to enable customers to monitor entire countries or regions for critical changes and threats.

• Planet signed a seven-figure expansion with the U.S. Navy to provide Maritime Domain Awareness over the Pacific Ocean region.

• Finally, as announced on June 12, 2025, Planet was selected by NATO for a seven-figure contract to deliver persistent space-based surveillance, enhanced indications and warnings, and critical Maritime Domain Awareness functions.

These wins build on the momentum highlighted in Planet’s other recent announcements, which include another 8-figure annual contract value win with a European defense and intelligence customer for PlanetScope and Maritime Domain Awareness (MDA) products, as announced on Planet’s prior earnings call.

Additionally, Planet was recently awarded a contract option by the National Reconnaissance Office (NRO) as part of the Electro-Optical Commercial Layer (EOCL) program. This extends Planet’s provision of daily monitoring and high-resolution tasking data, maintaining its prior EOCL performance level from June through October 2025.

“As shared on our recent earnings call, the changing geopolitical landscape and modernization of security capabilities are driving unprecedented interest in our solutions,” said Will Marshall, Planet’s Chief Executive Officer and Co-Founder. “Today’s announcements highlight the strong demand for AI-enabled solutions and our data, demonstrated by the multiple contracts with an eight-figure annual contract value.”

Will Marshall continued, “Our strategic decision to focus on AI-enabled solutions built on our daily satellite data was clearly the right decision. Nations are showing strong interest in these solutions for ‘peripheral vision’ – the ability to identify and understand threats across their region.”

Planet’s unique dataset, ideal for AI models and building next-generation solutions, includes daily scans of approximately 150 million square kilometers of land and 20 million square kilometers of critical ocean territory, complemented by an archive of over 3,000 images for every point on land. This wide-area monitoring capability empowers customers to uncover new threats, or “unknown unknowns,” across vast land and ocean territories, moving beyond traditional “reconnaissance”-based intelligence gathering that primarily focuses on known threats.

“These wins clearly demonstrate the results of our go-to-market and product focus,” said Ashley Johnson, President and CFO. “As shared in our prior earnings call, we’re making a strategic shift towards downstream solutions, which is validated with significant customer wins such as those announced today. We look forward to sharing more on our Q2 call.”

Planet is not updating its previously issued financial guidance for this fiscal year, which was provided on June 4, 2025.

Planet will host a Press Briefing for members of the media today, July 1, 2025, at 12:00 p.m. ET / 9:00 a.m. PT. The live webinar can be accessed at https://app.webinar.net/xK4GZngma5X and requires registration to participate.

Concurrent with today’s announcement, Planet has launched a new Defense & Intelligence section of its website, which can be accessed at planet.com/industries/defense-and-intelligence.

About Planet Labs PBC

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 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 future cash flows and revenue, Planet’s strategic partnerships, the expansion of the high resolution capacity of Planet’s fleet and the delivery of such capacity to Planet customers, and Planet’s future growth in new and existing markets. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250630563514/en/

Planet Press

Trevor Hammond / Claire Bentley Dale

[email protected]

Planet Investor Relations

Cleo Palmer-Poroner

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Data Management Technology Professional Services Satellite Data Analytics Military Artificial Intelligence Government Technology Other Defense Defense Contracts

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