As Planet announced it has completed its acquisition of rival satellite imaging company Terra Bella April 18, it confirmed that Google is now a shareholder in Planet as part of that deal.
Planet, the San Francisco startup that began building a constellation five years ago to offer frequently updated Earth imagery, took a major step towards achieving that goal March 10 when it unveiled Planet Explorer Beta, an online geospatial data tool.
Rumors began circulating in December that two leaders in the small satellite Earth imaging field were on the brink of deal, when employees of Alphabet Inc. subsidiary Terra Bella began visiting the offices of San Francisco-based Planet. Although the two companies have not confirmed an agreement, Bloomberg reported Jan. 9 that Planet was in talks to acquire Terra Bella, the Mountain View, California company formerly known as Skybox Imaging.
Geospatial imagery and services provider DigitalGlobe on Oct. 25 reported increased revenue and gross profit for the three months ending Sept. 30 with a surprisingly large increase in commercial business.
India’s PSLV rocket on June 22 delivered the Indian Cartosat-2C high-resolution optical Earth observation into a 507-kilometer polar low Earth orbit along with 19 smaller satellites including 13 U.S. commercial spacecraft.