Google Acquires Satellite Startup Skybox Imaging
Last week, reports from the Wall Street Journal indicated that Google is planning on building and launching satellites into space to complement its balloon-powered internet provisioning efforts. Today, the search giant has confirmed its acquisition of a satellite startup called Skybox imaging. Google is reportedly paying around $500 million for the firm rather than the $1 billion we heard last week…
Last week, reports from the Wall Street Journal indicated that Google is planning on building and launching satellites into space to complement its balloon-powered internet provisioning efforts.
Today, the search giant has confirmed its acquisition of a satellite startup called Skybox imaging. Google is reportedly paying around $500 million for the firm rather than the $1 billion we heard last week.
After the acquisition, Skybox employees will be part of the Access and Energy team. On top of that, they will also continue working closely with Google’s Geo team to improve the search giant’s other products including Google Earth and Maps.
Apart from being a possible extension of Project Loon, Google might also use Skybox Imaging’s expertise in the field of disaster relief under Google’s Earth Enterprise which provides mapping data to large organisations and businesses.
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