NEA 0.00% $2.10 nearmap ltd

$99 personal plans, page-27

  1. 609 Posts.
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    Hi all,

    I caught an article on Bloomberg suggesting Google was looking at taking out Skybox (private US low-earth-orbit satellite start-up) for a rumoured price of $1B. This makes a lot of sense; it will really help one of Googles key inhibitors....frequency of updates. Skybox has 1 or 2(?) in orbit (600km) after raising some US$85m over the past decade or so and plan to has 28 of these mini-satellites in orbit to be able to cover all aspects of the globe at least several times a day. But it still wont be able to touch NEAs resolution and accuracy for industry quote purposes.

    The industry is certainly moving and I'd expect NEA to be part of that.

    Cheers.
 
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