#defense contracts Tech News.
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The latest defense contracts news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks defense contracts across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
SpaceThe Motley Foolabout 9 hours ago
Planet Labs Stock Drops 40% After EarningsPlanet Labs stock fell 40% to $31.16 after June 4 earnings, driven by a $138.9M net loss from a $106.5M non-cash revaluation of warrant liabilities. First quarter revenue hit $94.2M, up 42% year over year, from defense and intelligence contracts including the $151B SHIELD IDIQ deal. The drop follows a 26% one-day plunge the day after the earnings call.
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