PlanetIQ

PlanetIQ

Unrivaled weather data to inform on-the-ground decision making.

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$3.5m

Debt
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-62 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about PlanetIQ
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A provider of high-resolution weather data collected from a constellation of small satellites. The company designs, builds, and operates its own satellites equipped with advanced radio occultation (RO) sensors. This technology allows for the collection of detailed atmospheric data, including temperature, pressure, and water vapor profiles, with high vertical resolution and accuracy in all weather conditions.

The primary business model is data-as-a-service, selling weather and environmental data products to various clients. A key customer is the National Oceanic and Atmospheric Administration (NOAA), which uses the data to improve weather forecasting and atmospheric research. The data is also valuable for other sectors that are impacted by weather, such as agriculture, insurance, and transportation, enabling better decision-making and risk management.

The company's main offering is its global, real-time environmental data, which is differentiated by the quality and resolution of the atmospheric profiles it can generate. By operating its own satellite constellation, the company maintains control over the data collection process, ensuring a consistent and reliable data stream for its customers.

Keywords: weather data, satellite constellation, radio occultation, atmospheric profiling, environmental data, data-as-a-service, NOAA, earth observation, remote sensing, climate monitoring

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