Planet Labs and Bayer announced an expansion of their strategic relationship. This expansion signals a significant scale up between the two companies. In addition to licensing Planet’s Fusion product, Planet will provide SkySat data and professional services to Bayer to create collaborative solutions that help optimize seed production, improve supply chain efficiency and support sustainable agriculture.
By building on this strategic relationship and identifying scalable initiatives in crop sciences and digital agriculture, Planet and Bayer will continue to explore how Planet’s proprietary satellite data can address the needs of Bayer’s global agriculture business. Using Planet’s Fusion data, along with its high resolution SkySat data, Bayer sees the potential to better understand historical and in-season crop performance.
“This strategic expansion will accelerate innovation, leveraging expertise and global reach to enhance developments for agriculture and will empower our data scientists to generate valuable insights that have the potential to support our Seed Production globally,” said Dirk Backhaus, Head of Product Supply Bayer Crop Science.
“We’re excited to expand our business with Bayer and leverage our unique data and products to provide up-to-date information on crop productivity, irrigation use, and sustainable management. We believe that by creating a toolkit to see and quantify change, our partners and customers will be able to revolutionize digital agriculture, increase productivity and profit, and drive more sustainable farming,” said Planet’s President of Product and Business, Kevin Weil.
Planet and Bayer share a desire to scale digital technologies to make a positive global impact for agriculture. Bayer’s digital tools can optimize seed production creating more efficient and sustainable agriculture. Planet’s unique data can provide users with satellite imagery from daily scans with up to 3.7 m spatial resolution anywhere on Earth’s landmass, enabling precision agriculture that can provide field-level insights.
