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Skybox Imaging Acquisition by Google for $500 Million
Knobbe Martens client Skybox Imaging, Inc. has entered into an agreement to be acquired by Google. Skybox Imaging has built and launched the world’s smallest high-resolution imaging satellite, which collects images and video of the Earth each day. Skybox plans to launch a constellation of 24 imaging satellites that will map the Earth and help keep Google Maps accurate with up-to-date imagery. Over time, Skybox’s technology will be able to help improve Internet access and disaster relief—areas Google has long been interested in. Knobbe Martens has developed Skybox’s patent portfolio for the design of low-Earth orbiting imaging satellites and imaging sensors, scheduling image acquisition in a constellation of satellites and techniques for processing images and video taken by the satellites.