Thursday, August 12, 2010

GeoEye Gets $3.8 Billion For Satellite Imagery Initiatives - High Resolution Imagery Featured in Article

GeoEye, the satellite provider, whose GeoEye-1 provides Google with what the company calls the world's most advanced commercial satellite imagery, was just awarded a new $3.8 billion contract from the National Geospatial-Intelligence Agency (NGA) for increased commercial satellite-imaging capacity..."We are very gratified by this award," said Matt O'Connell, GeoEye's President and CEO. "With this award, we'll continue the accelerated development of our GeoEye-2 satellite so that it is operational in 2013. We will also upgrade our infrastructure and continue expanding our Web-delivery systems so that we can deliver the world's best commercial high resolution imagery to the NGA and our other customers anywhere, anytime."

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