Google just paid $500 million for Skybox Imaging, a company that provides the world’s first commercially available, daily HD video satellite system. The U.S. company’s vision is to “leverage timely satellite data to provide insight into daily global activity.”

Satellite footage from Skybox Imaging’s SkySat-1 micro-satellite shows that the technology is as mesmerizing as the implications are powerful.

“Businesses can, for the first time, monitor a network of globally distributed assets with full-motion snapshots without needing to deploy an aircraft or field team,” John Clark of SkyBox explained the system in a March blog post. “The movement captured in these short video windows, up to 90 seconds in length, yields unique insights that improve operational decisions… see more

source: businessinsider