The company claims that the satellite imagery will conceivably have many uses including, “supply chain monitoring to maritime awareness, industrial plant activity monitoring to environmental and humanitarian relief monitoring.”
Skybox has raised as much as $91 million in capital with the assistance of firms such as Khosla Ventures, Bessemer Venture Partners, Canaan Partners and Norwest Venture Partners. Additionally, they also have a second, identical satellite in development, SkySat-2, which is scheduled to launch in early 2014.
Skybox seems very confident that their product is superior ot anything else out there.
“The most revolutionary fact is that SkySat-1 was built and launched for more than an order of magnitude less cost than traditional sub-meter imaging satellites,” said Tom Ingersoll, CEO of Skybox. “This extremely high performance satellite is made possible by proprietary technologies developed by Skybox, including the integrated satellite and imaging systems designs, which enable Skybox to launch a constellation of satellites that can provide imagery timeliness, quality and dependability that was never before possible.”
To see more images of Earth from space, click here.