PRAGUE – Google plans to purchase startup commercial remote-sensing services provider Skybox Imaging in a proposed transaction valued at $500 million, pending regulatory approval. If OK’d, the cash transaction would mark the third example in recent months of Google’s increasing interest in employing satellites and high-altitude platforms for Internet connectivity and Earth observation. Earlier this year Google purchased Titan Aerospace, a designer of high-altitude unmanned ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Google To Purchase Skybox Imaging".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.