Squared Compass’ Post

📊 Planet Labs Announces Restructuring Amid Q1 Growth Planet reports a 15% YoY revenue increase to $60.4M in Q1 FY2025, but also plans to reduce its workforce by 17% (180 employees) to improve efficiency and profitability. Key points: a) 17% workforce reduction b) $9.5M-$10.5M in restructuring costs c) Q1 net loss decreased to $29.3M from $34.4M YoY d) $276M cash and equivalents on hand What are your thoughts on balancing growth and operational efficiency in the evolving space technology sector? Link: https://lnkd.in/gH-bTwZC #SpaceTech #CorporateStrategy #EarthObservation

My IDC Insigths team is exploring new coverage areas: space economy and the role of technologies. Have a look at this blog by Anielle Guedes #Tech4Space #spaceeconomy IDC Europe IDC | Italy

Over the past 10 years, SpacePointe has been at the forefront of revolutionizing industries through cutting-edge technology and unparalleled expertise. From the formal to the informal sector, we've been dedicated to reshaping the landscape of payments with innovative solutions that empower businesses and individuals alike. With a relentless commitment to innovation and operational excellence, SpacePointe has become synonymous with advancement in technology, setting benchmarks that our competitors can only aspire to reach. 💡💼 Our journey has been fueled by the vision of digitizing communities and economies, bridging gaps, and fostering inclusivity. By leveraging the latest in technology and forging strategic partnerships, we've overcome barriers to entry, paving the way for a digital future where possibilities are limitless. From our contactless payments initiatives spanning across the US and Africa to our mobile-centric platforms offering multiple payment options, SpacePointe continues to lead the charge in empowering partners with comprehensive solutions tailored to their needs. 📱💳 As we look ahead, we remain steadfast in our commitment to innovation, driving the adoption of digital cloud products and services accessible anytime, anywhere. Together, let's continue to redefine industries, transform economies, and shape a future where digital empowerment knows no bounds. Here's to 10 years of innovation, growth, and endless possibilities with SpacePointe! 🌟 #SpacePointe #DigitalTransformation #10YearsStrong #Innovation #Empowerment

Future and Technologies

New technologies

I'm biased, but the Triangle is poised to be one of the most exciting business hubs over the next decade. Here are a few reasons why: 1. The area is witnessing a rapid influx of highly educated and high-earning individuals, driven in part by companies like Apple and NVIDIA establishing headquarters in the vicinity. This creates economic growth and attracts a demographic with significant financial resources and innovative potential. 2. The Triangle has foundations in key innovation sectors like #tech and #healthcare, with established companies like IBM, Honeywell, Red Hat, LabCorp, and Wolfspeed continuing to expand and invest in new inventions. 3. The Triangle has a much lower cost of living compared to NYC, LA, or SF. This affordability simply allows for greater risk-taking. 4. We're cultivating a strong entrepreneurial community, with organizations like Raleigh Founded, The Loading Dock, and American Underground fostering tight-knit ecosystems and collaborative spaces.

New technologies

The World Of Technology

"Embracing the Power of Technology As I envision myself with a new laptop (pictured), I'm reminded of the transformative impact technology has on our lives and careers. From enhanced productivity to limitless learning opportunities, tech has democratized access to information and connections. I'm excited to leverage technology to drive innovation and growth in my own journey. Wishing for a new laptop to unlock even more possibilities! #TechnologyEmpowerment #InnovationMindset #CareerGrowth"

National Technology Day commemorates the remarkable strides humanity has made in the world  of innovation and technological advancement. From the invention of the wheel to the breakthroughs in artificial intelligence, technology has been the driving force behind our progress as a species. On this day, we honor the visionaries who dared to dream and the pioneers who turned those dreams into reality.  It's a time to reflect on the profound impact technology has had on every aspect of our lives, from communication and transportation to healthcare and education. As we celebrate National Technology Day, let's not only marvel at how far we've come but also look ahead to the limitless possibilities that lie ahead. Together, let's continue to harness the power of technology to solve pressing global challenges, foster innovation, and build a brighter, more connected future for generations to come. Happy National Technology Day.  🌐 #InnovateToElevate #TechTakesTheLead