So Planet Labs stock was up like 7% on Friday and honestly nobody really knew why at first. There's this KeyBanc note floating around about defense stocks getting a boost from the Iran situation, but I think that's only part of the story. The real play here seems to be satellite imagery. When you're running military operations, especially damage assessment after strikes, you need current photos of what's actually on the ground. That's where Planet Labs comes in - they've got about 200 Earth observation satellites that can revisit the same locations multiple times daily. Basically fantastic planet-level coverage if you think about it. All the media coverage of the conflict has been using their imagery, so demand is definitely there right now. Defense Secretary said this could drag on for weeks, maybe two months worst case. That's potentially a solid revenue window for them. The stock pop already happened, but the underlying demand drivers look legit if the situation stays hot. Interesting spot to watch how this plays out over the next quarter.