Science & technology
Google buys satellite imaging firm Skybox Imaging
Publish Date: Jun 11, 2014
Google buys satellite imaging firm Skybox Imaging
Silicon Valley-based Skybox currently has just one operational satellite but has plans to deploy 24 of them. PHOTO/AFP/Getty Images
  • mail
  • img
newvision

SAN FRANCISCO - Google has announced plans to buy the satellite group Skybox Imaging for $500 million, in a move to improve mapping and other services using geospatial data.

"We've agreed to acquire Skybox Imaging, and we look forward to welcoming them to Google," a statement from the Internet giant said.

"Their satellites will help keep our maps accurate with up-to-date imagery. Over time, we also hope that Skybox's team and technology will be able to help improve Internet access and disaster relief -- areas Google has long been interested in."

Skybox said in a blog post that the goal of the five-year-old firm was "to revolutionize access to information about the changes happening across the surface of the Earth."

"We've built and launched the world's smallest high-resolution imaging satellite, which collects beautiful and useful images and video every day... The time is right to join a company who can challenge us to think even bigger and bolder, and who can support us in accelerating our ambitious vision."

Silicon Valley-based Skybox currently has just one operational satellite but has plans to deploy 24 of them.

The company's technology enables businesses and others to get highly detailed, up-to-date imagery that can be used for supply chain monitoring, maritime tracking, and environmental and humanitarian relief monitoring.


A sign is posted in front of the Skybox Imaging headquarters in Mountain View, California. PHOTO/AFP/Getty Images

In December, Skybox released the first high-resolution, high-definition video of Earth taken by a commercial remote sensing satellite, with images of Tokyo, Bangkok, Baltimore, Las Vegas, and Aleppo, Syria.

The company founders wrote the first business plan as part of a Stanford University graduate entrepreneurship course.

The news comes two months after Google announced a deal to buy Titan Aerospace, a maker of solar-powered drones that could be used to boost Internet access to remote areas.

Google has also been working on its Project Loon, which uses large balloons for transmitting Internet signals to regions that are not now connected.

Google said the all-cash deal is subject to regulatory approval.

AFP

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Twitter spices timelines with unasked-for tweets
BASED on a positive response from its tests, the popular one-to-many messaging service is inching toward the Facebook of using software to "curate" what users see based on their interests...
Twitter tweets start to sing
Twitter on Thursday began letting people instantly listen to music and other audio by clicking on tweets from the popular messaging service....
Smartphones cut into Google profit & share price
THE rise of smartphone use to access the Internet, and slowing clicks on ads, cut into profits by Google in the third quarter, the company has revealed...
Apple starts iPhone 6 sales in China
APPLE began selling its latest iPhone in China Friday, nearly a month after other major territories due to a licence delay by regulators...
Microsoft
Microsoft-owned Skype on Tuesday unveiled a new app enabling users to send short video messages to stay "connected between calls."...
Google unveils
Google on Wednesday ramped up its mobile arsenal, upgrading its Nexus line with a new tablet and smartphone, and unveiling its revamped Android software, to be dubbed "Lollipop."...
Do Ugandan tycoons prepare their children to take over their business empires?
Yes
No
Can't Say
follow us
subscribe to our news letter