Google buys satellite imaging company Skybox for $500 million

Google logoGoogle has just acquired satellite imaging company Skybox for a cool half-billion dollars.

According to Inc. magazine, the Mountain View startup launched its first “minibar-sized” satellite into orbit in November 2013 and will launch eight more by the end of 2015. It plans to have 24 satellites in its constellation by 2018. With Google’s backing, though, that timeline could get accelerated.

Skybox is unique because it’s one of the rare companies to provide high-resolution photography from space. The company wants to use computer analytics to unlock valuable data from satellite images—potentially worth a lot of money to future clients.

Google buys satellite imaging company Skybox for $500 million

As a 2013 Wired profile outlined, this data could include frequently updated information like “how many parked cars are in all the parking lots of Walmarts across America.”

“Skybox and Google share more than just a zip code,” the company wrote in a blog post on Tuesday. “We both believe in making information (especially accurate geospatial information) accessible and useful. And to do this, we’re both willing to tackle problems head on—whether it’s building cars that drive themselves or designing our own satellites from scratch.”

Source: Ars Technica

Tags: Google, technologies

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)