Planet and AXA Climate Extend Strategic Partnership to Drive Drought Insurance Program

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May 10, 2023

Planet+Labs+PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the extension of their strategic partnership with AXA+Climate, a company that provides consulting services to the agri-food, industrial, financial and public sectors to help them successfully adapt to climate change and biodiversity loss, in a regenerative way. The extension aims to offer continued satellite data-driven insights for the development of parametric insurance products, which help protect farmers against the effects of drought on their livelihoods.