Planet announced that it has entered into an agreement to acquire VanderSat. VanderSat?s innovative products help customers better measure and understand water management and crop health in major markets. Planet intends to leverage VanderSat?s technologies and products in further pursuit of bringing to market next-generation solutions that leverage the best of commercial and public satellite data to provide clear and actionable information to help industries, non-profits, and governments around the world. VanderSat has world-class expertise in providing insights to customers by drawing from NASA, ESA and JAXA satellite data, and has built a suite of novel products that report on key conditions on the Earth?s surface, like soil moisture, land surface temperature, vegetation optical depth, and biomass. VanderSat?s unique algorithms deliver daily, global data products with great accuracy, unhindered by changing cloud-cover and atmospheric conditions. One of Planet?s goals is to bridge the gap between real-world problems and the complexity of remote-sensing science. VanderSat is another step towards that goal with their advanced analytics. Planet believes its products will help to accelerate and expand its position in one of its most important verticals - agriculture - and help mature Planet?s offerings for others such as insurance, civil government, and finance. For example, easier-to-consume data can enable modeling to help financial institutions and insurers quantify climate impacts on water availability and crop production. Adding VanderSat?s unique, all-weather data products to Planet?s high-cadence and high-resolution global monitoring will bring even greater value to users in agriculture, civil government and insurance by providing them with richer insights and more precise measurements. Planet?s unique platform and integrations will make these products more accessible than ever before.