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Google buys satellite company Skybox Imaging for $500 million

The acquisition will see Skybox’s satellites being used to keep Google Maps up to date as well as help it improve internet access and disaster relief.

Image: NASA

GOOGLE HAS JUST bought the satellite company Skybox Imaging for $500 million in cash, subject to adjustments.

In a statement announcing the purchase, Google said that Skybox’s satellites will “help keep Google Maps accurate with up-to-date imagery.

It also hopes that the team behind Skybox and the technology it users will be able to help improve internet access – tying in with Google’s Project Loon which aims to bring internet access to the most remote parts of the world – as well as disaster relief, an area that Google says it has been “long interested in .”

Skybox Imaging builds satellites and provides access to detailed imagery and high-definition video of landscapes.

In a statement on its site, the Skybox team said it was the right time to “join a company who can challenge us to think even bigger and bolder and who can support us in accelerating our ambitious vision.”

Skybox and Google share more than just a zip code. 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.

Skybox Imaging builds satellites and provides access to detailed imagery and high-definition video of landscapes. Here’s an example of some of its work.


Source: Skybox Imaging/Vimeo

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About the author:

Quinton O'Reilly

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