Friday, June 13, 2014
Google Bought a Satellite Startup to Make Maps, Not Internet Connections
Google plans to use Skybox’s satellites to make better maps with “up-to-date imagery,” the company said in a statement. “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.”
Skybox has only a single satellite in orbit right now but plans to fly a fleet of them to cover the entire globe at all times. Constantly updated satellite images would be of interest to everyone from agricultural companies and hedge funds to hardware stores. A demonstration earlier this year showed how Skybox satellites could be used to monitor oil reserves from space.
To read full article, click here.
Source: Joshua Brustein (www.bloomberg.com)
Creative Financial Staffing (CFS) is the nation’s largest, privately-held accounting and financial staffing firm. We provide qualified accounting and finance professionals on a temporary and permanent basis across a broad range of industries.
Visit our website: http://www.cfstaffing.com/