Google sells satellite business Terra Bella to Planet LabsStaff Writer | February 4, 2017
Google said it would sell its satellite imaging business, Terra Bella, to Planet Labs, a San Francisco-based private satellite operator founded by former NASA scientists.
Acquisition Google will enter into a multi-year contract
As part of the deal, Planet Labs will acquire the Terra Bella business including the SkySat constellation of satellites, Alphabet said.
Google will enter into a multi-year contract to purchase Earth-imaging data from Planet Labs after the deal closes.
Google had acquired Terra Bella, originally known as Skybox Imaging, for $500 million in 2014.
The deal will help Planet Labs broaden its available data and add new customers. ■