California: Skybox Imaging plans to launch 24 satellites into orbit by 2018. The company is set to launch its first satellite this September on a Russian rocket. Most of these satellites will focus on Earth Observation.
With $91 million in venture-capital funding, Skybox Imaging is focusing on low-cost satellites. The company says their satellites cost under $50 million a piece. Skybox focuses on the use of less expensive cameras and using its software to stitch together strings of lower resolution images intone visualisation. At roughly the dimensions of a mini-fridge, Skybox”s 200-pound satellites are also far smaller than conventional models. The company is shooting their first satellite into orbit with rented space aboard a Russian DNEPR rocket because it is apparently vastly cheaper than American alternatives.