Compare Companies
| Field | 🇺🇸 Planet LabsNYSE: PL | 🇺🇸 BlackSky TechnologyNYSE: BKSY | 🇨🇦 MDA SpaceToronto (TSX): MDA | 🇺🇸 RedwireNYSE: RDW |
|---|---|---|---|---|
| Type | public | public | public | public |
| Country | 🇺🇸 United States | 🇺🇸 United States | 🇨🇦 Canada | 🇺🇸 United States |
| Founded | 2010 | 2014 | 1969 | 2020 |
| CEO | Will Marshall | Brian O'Toole | Mike Greenley | Andrew Rush |
| Mkt Cap / Valuation | ~$12.8B | ~$650M | ~CAD $5.8B | ~$1.7B |
| Employees | ~970 | ~290 | ~4,000 | ~1,410 |
| Sector | Earth Observation & Geospatial Analytics | Geospatial Intelligence | Space Robotics & Satellite Manufacturing | Space Infrastructure & Manufacturing |
| Last raise / Last filing | 10-K filed | 10-K filed | 10-K filed | 10-K filed |
| Top risks | GAAP profitability: Planet achieved adjusted EBITDA profitability in FY2026 but remains GAAP net-loss negative; achieving GAAP positive is the key institutional re-rating threshold.; Defense contract concentration: NRO/NGA contracts drive growing revenue but expose Planet to U.S. government budget cycles, classification decisions, and competitive rebidding. | Government concentration: NRO and NGA together represent the largest single revenue concentration; FY2025 budget reductions cost ~$10M and similar political risk persists.; Constellation execution: Gen-3 deployment relies on rideshare launch availability; any launch failure or delay impairs imagery capacity. | NASA Lunar Gateway / Artemis schedule risk: if NASA delays or restructures the Gateway program, Canadarm3 Phase C&D contract milestones and revenue recognition could be deferred significantly.; Telesat Lightspeed execution: Lightspeed is a technically complex, novel LEO constellation — manufacturing 198 satellites at the required pace and cost is a major industrial execution challenge; cost overruns or delays could impair MDA's Satellite Systems margins. | Net losses continue: FY2024 net loss of $114.3M and negative Adjusted EBITDA reflect high debt service and development costs; Redwire must achieve EBITDA breakeven in 2026 to avoid financing risk.; High customer concentration — NASA, DoD, and a small number of commercial primes represent the bulk of revenue; loss of any major program could materially impair near-term results. |
| Next catalyst | Second-generation 30 cm Pelican satellites launch and first imagery delivery (2026-Q4) | EOCL contract recompete / multi-year renewal decision by NRO (2026-Q2) | Canadarm3 Phase C&D milestone deliverables (2026–2027) (2026-2027) | FY2026 revenue guidance of $450–500M execution (2026-Q4) |
Maximum 4 companies. Pass slugs in the ids query parameter, comma-separated. Try SpaceX vs Blue Origin vs Rocket Lab vs Firefly.