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Space Intel Report • Peter B. de Selding

Planet Labs Q1 revenue jumps 42% on 20% commercial rebound, ahead of earnings; company clarifies Middle East imagery hold

Planet Labs will release earnings after the market closes, with Q1 revenue up 42% to record levels for the three months ended Jan. 31. The company attributed results to a “reset” that drove a 20% increase in commercial revenue to $17 million, alongside a clarification of its hold on Middle East imagery.

2026-06-05T09:42:02.448776-07:00

Bloomberg

Airbus–Thales–Leonardo satellite JV to test EU merger rules as “Bromo” review hits new antitrust scrutiny

2026-06-05T06:59:14.372258-07:00

SpaceWatch Global

SmallSat Europe 2026 spotlights Europe’s €35B “sovereign on paper” push—plus EU Space Act, dual-use risks, and a bid for a Europ

2026-06-05T01:11:25.610637-07:00

SpaceWatch Global

Unseenlabs’ BRO-22 to launch June 10 on JAXA’s H3, first foreign private satellite on Japan’s H3

2026-06-05T00:20:45.548547-07:00

News Timeline

Space Intel Report

Planet Labs Q1 revenue jumps 42% on 20% commercial rebound, ahead of earnings; company clarifies Middle East imagery hold Planet Labs will release earnings after the market closes, with Q1 revenue up 42% to record levels for the three months ended Jan. 31. The company attributed results to a “reset” that drove a 20% increase in commercial revenue to $17 million, alongside a clarification of its hold on Middle East imagery.

2026-06-05T09:42:02.448776-07:00

Planet Labs Q1 revenue jumps 42% on 20% commercial rebound, ahead of earnings; company clarifies Middle East imagery hold

Bloomberg

Airbus–Thales–Leonardo satellite JV to test EU merger rules as “Bromo” review hits new antitrust scrutiny Airbus, Leonardo and Thales plan a proposed space-joint venture (“Bromo”) to test the EU’s revamped merger framework aimed at enabling globally competitive European champions. The deal’s progress is being shaped by timing and competitive concerns raised in Germany and Italy as discussions with the European competition authority continue.

2026-06-05T06:59:14.372258-07:00

Airbus–Thales–Leonardo satellite JV to test EU merger rules as “Bromo” review hits new antitrust scrutiny

SpaceNews.com

Apex Space raises $200M+, doubles valuation to $2.3B as it scales in-house satellite production and services Satellite platform manufacturer Apex Space said it raised more than $200 million in a new investment round, nearly doubling its four-year-old valuation to $2.3 billion. The capital is aimed at hiring, adding engineering headcount, increasing vertical integration of production, and expanding mission services for commercial and government customers, including Golden Dome-related work.

2026-06-05T02:44:14.808075-07:00

Apex Space raises $200M+, doubles valuation to $2.3B as it scales in-house satellite production and services

SpaceWatch Global

SmallSat Europe 2026 spotlights Europe’s €35B “sovereign on paper” push—plus EU Space Act, dual-use risks, and a bid for a Europ Opinion from SmallSat Europe 2026 in Amsterdam argues Germany’s €35bn space push is accelerating sovereign ambitions, but the real test is dual-use governance in practice. The conference also highlights an EU Space Act debate around military autonomy and an effort to stand up a European Space Component Command hosted by Germany.

2026-06-05T01:11:25.610637-07:00

SmallSat Europe 2026 spotlights Europe’s €35B “sovereign on paper” push—plus EU Space Act, dual-use risks, and a bid for a Europ

SpaceWatch Global

Unseenlabs’ BRO-22 to launch June 10 on JAXA’s H3, first foreign private satellite on Japan’s H3 Unseenlabs says it will launch BRO-22 aboard JAXA’s H3 rocket on June 10, positioning the payload as the first foreign commercial satellite to fly on Japan’s H3. The spacecraft will add to Unseenlabs’ RF satellite constellation for global maritime surveillance, strengthening coverage and capacity.

2026-06-05T00:20:45.548547-07:00

Unseenlabs’ BRO-22 to launch June 10 on JAXA’s H3, first foreign private satellite on Japan’s H3

Wall Street Journal

Real-time satellite intelligence boosts Ukraine’s drone targeting effectiveness from the edge of the battlefield Ukrainian forces operating close to the front line are using electronic-device signals hidden under foliage, then pairing that activity with real-time satellite intelligence to detect targets. The approach is described as making drone strikes “deadlier than ever” by accelerating find-and-attack cycles.

2026-06-04T19:11:46.843064-07:00

Real-time satellite intelligence boosts Ukraine’s drone targeting effectiveness from the edge of the battlefield

SpaceNews.com

HASC NDAA markup allocates $415M to protect Space Force missile-warning satellite program (Next-Generation Overhead Persistent I The House Armed Services Committee moved to preserve a Space Force missile-warning satellite program the Pentagon plans to cancel, authorizing $415 million for the Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) Polar program in its fiscal 2027 defense policy bill markup.

2026-06-04T15:40:54.274537-07:00

HASC NDAA markup allocates $415M to protect Space Force missile-warning satellite program (Next-Generation Overhead Persistent I

AINonline

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Gogo’s SD Government wins $7.5M NOAA contract for hurricane-hunter fleet satcom, cybersecurity, and cockpit datalink software Gogo Division SD Government has secured a multi-year $7.5 million contract from the U.S. NOAA to provide mission-critical communications services for the Lockheed WP-3D “hurricane hunter” aircraft. The award covers satellite communications, cybersecurity, and cockpit datalink software for extreme-weather operations.

2026-06-04T14:25:53.446331-07:00

Gogo’s SD Government wins $7.5M NOAA contract for hurricane-hunter fleet satcom, cybersecurity, and cockpit datalink software

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Satellite News

Planet Labs Q1 revenue jumps 42% on 20% commercial rebound, ahead of earnings; company clarifies Middle East imagery hold

Airbus–Thales–Leonardo satellite JV to test EU merger rules as “Bromo” review hits new antitrust scrutiny

SmallSat Europe 2026 spotlights Europe’s €35B “sovereign on paper” push—plus EU Space Act, dual-use risks, and a bid for a Europ

Unseenlabs’ BRO-22 to launch June 10 on JAXA’s H3, first foreign private satellite on Japan’s H3

News Timeline