Tuesday, August 11, 2009

DoD Wants More Imagery; GeoEye and DigitalGlobe Announce Quarterly Earnings

On Monday quite a bit happened in the satellite remote sensing arena: The National Geospatial-Intelligence Agency (NGA) issued a statement of requirements to get industry input and guide its own strategic planning process for imagery needed in the future. While the document is classified analysts and executives suggest a request for proposals later this year which could mean a few billion dollars in revenues for GeoEye in the coming years...

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About GeoEye

GeoEye’s products and services enable timely, accurate, and accessible location intelligence. The company is recognized as one of the geospatial industry's most trusted imagery experts, delivering reliable service and exceptional quality imagery products and solutions to customers around the world. GeoEye has developed an advanced information technology infrastructure for collecting, receiving, processing and distributing imagery information products and processing services to the U.S. Government including the national security community as well as international governments and commercial customers. These products serve applications including defense and intelligence, precision mapping, on-line mapping, infrastructure development, planning and monitoring, and environmental assessment. The company collects tens of millions of square kilometers of imagery per year with its existing satellites and aerial assets, which includes GeoEye-1, the world’s highest resolution commercial imaging satellite. The company also provides support to academic institutions and non-governmental organizations through the GeoEye Foundation (http://www.geoeyefoundation.org). Headquartered in Dulles, Virginia, GeoEye is a public company listed on the NASDAQ stock exchange under the symbol GEOY. It maintains a comprehensive Quality Management System (QMS) and has achieved company-wide ISO accreditation.

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