Google acquired what was then known as Skybox Imaging in 2014 for an estimated $500 million but now appears interested in selling the company as it seeks to cut costs.
A Google-owned satellite imaging company has a new name and business model. Skybox Imaging announced Tuesday it had changed its name to Terra Bella.
Chris Quilty, who tracks satellite companies for investment banker Raymond James, speaks with SpaceNews Editor Warren Ferster about the recent flood of Silicon Valley investment in audacious commercial space projects.
Wall Street analysts are peppering established satellite fleet operators with questions about how they plan to survive after the likes of Google, SpaceX, Facebook and OneWeb have launched hundreds or thousands of satellites, drones, balloons and other Internet-delivery platforms.
SpaceX’s Jan. 20 confirmation that Google and mutual-fund giant Fidelity Investments had invested a combined $1 billion in SpaceX set the stage for what could be a multi-year competition for capital and engineering resources among consortia aiming to build satellite networks for global Internet connectivity.
The International Telecommunication Union has registered at least a half-dozen filings for massive constellations in the past eight weeks, a development that suggests a Gold Rush mentality may be taking hold.
CNES officials said early tests of the Loon project persuaded the agency that the Google idea, while “appearing crazy,” was feasible and merited a closer look.
NASA has signed an agreement to lease Moffett Federal Airfield, run by the agency’s Ames Research Center, to a company owned by Internet giant Google.
WorldVu, a Satellite Startup Aiming To Provide Global Internet Connectivity, Continues To Grow Absent Clear Google Relationship
WorldVu has secured Ku-band spectrum from international regulators for a constellation of several hundred satellites to provide global Internet connectivity has grown to 30 people.
Live streaming will be available for the Aug. 10 lunar flyby of ISEE-3.
News from the CASBAA Satellite Industry Forum and CommunicAsia 2014 | Google, Facebook Moves Seen as Filling Void in Satellite Industry Innovation
Commercial satellite fleet operators said satellite manufacturers needed to take launch service provider SpaceX as an example of how to cut costs and reduce delivery times for telecommunications satellites.
A company in Britain’s tax-friendly Channel Islands and backed by Google and the founder of satellite broadband trunking provider O3b Networks has secured radio-spectrum rights to build a low-orbit satellite constellation to provide global broadband to individual consumers, industry officials said.