Will Marshall reports that Planet Labs announced that they have entered into an agreement with Google, wherein Planet will acquire the Terra Bella business including the SkySat constellation of satellites, and Google upon closing, will enter into a multi-year contract to purchase Earth-imaging data from Planet.
The SkySat constellation of 7 high-resolution satellites is complementary to Planet existing medium resolution 60-satellite fleet. The former enable regular, rapidly updated snapshots of select areas of the globe at sub-meter resolution, the latter regular, global coverage at 3-5 meter resolution. The two systems under one roof will be truly unique and will enable valuable new capabilities.
Temporal, high-resolution satellite imagery can reveal patterns in rapidly changing infrastructure, identifying areas of risk and opportunity. These data can be used in a variety of ways, from construction companies who need to easily and systematically track development of projects of remote areas to financial analysts gathering research for investment due diligence.
One example of the use is in the satellite views of the mining progress and associated changes of the Oyu Tolgoi gold and copper mine in the South Gobi Desert of Mongolia. With the imagery and analytics, upper management and regulators are able to monitor the progress of Mongolia largest financial undertaking in its history from offices anywhere on Earth. The mine is expected to produce revenues totaling more than 30% of the Mongolia GDP.
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Managed & Built by I2M Consulting, LLC | © 2010-
Managed & Built by I2M Consulting, LLC | © 2010-