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Google Remakes the Satellite Business, by Leaving It


Last week, Google pushed one of the most interesting sectors in Silicon Valley toward maturity—and brought a milestone in cartography closer to reality. It accomplished all that, paradoxically, by getting out of the market.From a business standpoint, here’s the news: Google sold its in-house satellite business, known as Terra Bella, to Planet, Inc. Planet is a startup based in San Francisco that already operates a fleet of 60 orbiting cameras the size of shoeboxes. With the acquisition, Planet is now the de facto leader in the small-satellite space, and it will add Terra Bella’s seven high-resolution satellites to its own …read more

Source: The Atlantic

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