Planet co-founder Will Marshall describes the cadence of global satellite Earth observation prior to Planet launching its constellation of imaging satellites.
Insight
Marshall: Large satellite constellations allow companies to tolerate higher unit failure risk
“Mainly it's about a risk approach, which is just assuming more risk per satellite. Okay, that one satellite has slightly more chance of having a dust on it, but we're going to put more satellites up than we need, and if a couple have that, it's not the end of …”
Assertion Partly supported
Marshall: SpaceX's reusable rockets drove a fourfold drop in launch costs
“The rockets have, in fact, got cheaper. Just the last five or so years, they've gone down about fourfold, and mainly because of SpaceX. SpaceX, with its reusable rockets, has brought the price down”
Insight
Marshall: Transparency regarding nations' military activities increases the likelihood of peace
“The more information different countries have about each other's activities, including military activities, the more it's likely to be peace.”
Disclosure
Marshall: Planet has repeatedly refused data requests to prevent civilian harm
“We have our own ethics committee. That reviews every case with the government and checks. Is, is there some way in which this might bring civilian harm? And we have many cases refused to give data where we think that would be the case.”
Prediction Didn’t hold up
Marshall: Planet projects over 40% annual growth and profitability within two years
“So we have very clear line of sight now on a growth path, you know, going just over 40% a year for the next five years we project. And that gets us to profitability in the next couple of years.”
Disclosure
Marshall: Planet applied Silicon Valley's agile software strategy to satellite hardware
“We wanted more like the Silicon Valley release early, release often software strategy than the requirements-driven, very careful science project of NASA.”