Wednesday, March 7, 2012

GeoEye Wins Multi-million Dollar Contract from GE Aviation

GeoEye, Inc., a leading provider of geospatial information and insight, announced it has received a multi-year, multi-million dollar contract from GE Aviation. Under this contract, GeoEye will produce aviation reference data to serve hundreds of the world's busiest airports. Over the next decade, GeoEye intends to capture all of the world's International Air Transport Association (IATA) airports. This agreement allows GE Aviation to utilize GeoEye 3D Airports and Terrain/Obstacle databases produced from GeoEye's stereo satellite imagery. These GeoEye aeronautical databases will be imbedded into GE Aviation's products and services.

GeoEye 3D Airports is a family of value-added geospatial products that captures precise spatial models of domestic and international airports, their surrounding terrain and man-made obstacles. These products are used to enhance the safety of flight and ground operations at airports and enable airlines to reduce fuel consumption, flight times and airport traffic noise. GeoEye 3D Airport Maps offers a three-dimensional geospatial model of an airport's features that are required to support aircraft and helicopter operations. GeoEye 3D Airport Terrain and Obstacles provide information regarding natural elevation and man-made obstacles near airports.

GE Aviation will imbed these products in their next generation products and services to facilitate Performance Based Navigation operations that will increase commercial flight frequency and fuel efficiency while reducing carbon emissions. This GE offering utilizing GeoEye state-of-the-art data products exceeds the current requirements of the global Air Traffic Management initiatives sponsored by the FAA NEXTGEN program and the EUROCONTROL SESAR program...

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