• $ 1.7
  • € 1.9847
  • ₽ 0.021795
  • ₺ 0.0423
  • £ 2.2905

Google buys satellite start-up Skybox Imaging

Google buys satellite start-up Skybox Imaging
11.06.2014 20:30
Google's start-up shopping spree shows no signs of letting up.

The search giant announced Tuesday that it's paying $500 million for Skybox Imaging, a start-up that provides real-time, high-resolution satellite imagery.Google (GOOGL, Tech30) says it plans to use Skybox satellites to "keep Google Maps accurate with up-to-date imagery." Google also said in a blog post that Skybox could help it bring Internet access to remote areas and help with disaster relief.Google has been experimenting with the delivery of Internet signals from high-altitude vehicles, including balloons and drones. In April, it announced the purchase of solar-powered drone maker Titan Aerospace, a company that had also reportedly drawn interest from Facebook (FB, Tech30).Skybox, founded in 2009, said Google will "support us in accelerating our ambitious vision.""We both believe in making information (especially accurate geospatial information) accessible and useful," Skybox said in a blog post.(CNN)Bakudaily.az

Similar news
Similar news
China sent 280 container trains to Europe via Middle Corridor since early 2024
Business 16:09
China sent 280 container trains to Europe via Middle Corridor since early 2024
Azerbaijan and Ukraine explore avenues for deepening economic ties
Business 17:30
Azerbaijan and Ukraine explore avenues for deepening economic ties
Azerbaijan imports $900M worth of goods from Türkiye in 5 months
Business 13:30
Azerbaijan imports $900M worth of goods from Türkiye in 5 months
35 projects implemented in liberated territories of Azerbaijan in 2023
Business 16:00
35 projects implemented in liberated territories of Azerbaijan in 2023
Israeli companies invited to investment projects in Karabakh’s industrial parks
Business 18:30
Israeli companies invited to investment projects in Karabakh’s industrial parks
Italian firms interested in participating in projects to be implemented in Karabakh
Business 14:00
Italian firms interested in participating in projects to be implemented in Karabakh
Azerbaijani economy minister, governor of St. Petersburg mull enhancing joint activities in shipbuilding
Business 15:00
Azerbaijani economy minister, governor of St. Petersburg mull enhancing joint activities in shipbuilding
Russia-Azerbaijan trade reaches $4.4 billion, Russian ambassador says
Business 10:00
Russia-Azerbaijan trade reaches $4.4 billion, Russian ambassador says
Azerbaijan to increase value of non-oil exports to $5B by 2026
Business 14:00
Azerbaijan to increase value of non-oil exports to $5B by 2026
Anews TV

Our official Youtube channel

Subscribe