Skybox Imaging successfully launches its SkySat-2 Earth observation satellite
Google reportedly in talks to make $30 million investment in Virgin Galactic
Just a few days after announcing its $500 million acquisition of satellite imaging company SkyBox, Google is now rumored to be making an investment in yet another satellite company. According to a new report out of Sky News, Google is currently planning to make a roughly $30 million investment in Virgin Galactic. The two companies have reportedly been in negotiations for months now, but have finally reached the “advanced” stages.
Google acquires satellite imaging company SkyBox for $500 million, will eventually use it for Internet access
Satellite company SkyBox just announced that it has been acquired by Google for $500 million. The two have been in talks for several months now, with the deal finally being announced today. SkyBox Imaging is a company that takes high resolution photos using satellites. Google, in a statement, had the following to say about the company:
“Skybox’s satellites will help keep Google 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.”
Google eyeing Skybox Imaging for potential $1 billion purchase to bolster satellite photos in Maps
Google may acquire Skybox Imaging, a company with experience in taking incredibly detailed, high-resolution aerial satellite photos, according to TechCrunch. The purchase may cost Google in excess of $1 billion, though that number is fairly common anymore.
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