Google purchased Satellite Firm Skybox Imaging for 500 million US dollar

Google on 10 June 2014 confirmed the purchase of Satellite Firm Skybox Imaging for 500 million US dollar.

Created On: Jun 11, 2014 14:20 ISTModified On: Jun 11, 2014 15:34 IST

Google on 10 June 2014 confirmed the purchase of Satellite Firm Skybox Imaging for 500 million US dollar.

The deal will provide images for Google's online mapping service. The satellites could be used to help expand internet access and with disaster relief.

In April 2014, Google has acquired Titan Aerospace. Google has also launched a small network of balloons designed to deliver Internet access over the Southern Hemisphere.

The search engine giant and other technology firms, such as Facebook, are currently engaging in efforts to improve internet access globally through drones, balloons, and satellites.

About Skybox

The company was founded in 2009. The firm sent its first high-resolution satellite, SkySat-1, in to space in December 2014.

Skybox's satellites offer video images and stills at a resolution of just over 1m per pixel which can track single cars travelling along a road.

It circles the Earth around 16 times a day, relaying 90-second black-and-white clips. Skybox will launch a total of 24 satellites.

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