Will Marshall is the co-founder and CEO of Planet. Guy Raz asked whether the capital-intensive satellite imaging company has a clear path to profitability.
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.”
Assertion Supported
Marshall: Pre-Planet Earth imagery was only captured monthly or annually
“Typically before our mission, you could only get a new image of the Earth maybe once every month or sometimes every year, depending on the resolution you needed.”
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.”