Archive for the ‘DigitalGlobe’ Category
Monday, May 7th, 2012
On Friday, May 4, GeoEye held an investor webcast announcing that it proposes to acquire DigitalGlobe, Inc., seen by DigitalGlobe as a “public hostile offer.” The combination of these two satellite imaging companies would form the world’s largest fleet of high resolution commercial imagery satellites, according to GeoEye.
Matt O’Connell CEO and President of GeoEye, said that the two companies combined would result in “greater capabilities to meet national security needs, be more cost effective to the U.S. government during a fiscally restrained period, improve value to decision makers, warfighters and shareholders.”
A quick overview of the proposed acquisition: DigitalGlobe shareholders will receive $17.00 per share in total consideration, payable $8.50 per share in cash and $8.50 in GeoEye stock, or 0.3537 shares of GeoEye stock for each share of DigitalGlobe stock. This price represents a 26% premium to DigitalGlobe’s closing share price on May 3, 2012. According to O’Connell, the proposal is structured to provide DigitalGlobe shareholders with the opportunity to participate in the dynamic future growth of the combined company.
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Tags: DigitalGlobe, GeoEye, geospatial, GIS, National Geospatial Intelligence Agency, NGA, satellite imaging, warfighters
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Tuesday, April 24th, 2012
Jeff Culwell vice president of operations, DigitalGlobe talked about what led up to their anticipated WorldView-3 satellite and the details about it. The satellite is slated for launch in mid-2014. The announcement was made at the 28th Annual National Space Symposium.
 Midwest flooding, Cairo, IL (more…)
Tags: DigitalGlobe, environmental monitoring, geospatial, GIS, infrared spectrum, satellite imagery, superspectral, WorldView-2, WorldView-3
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Friday, April 13th, 2012
High resolution imagery of sub-meter – less than 40 inches – is only available from GeoEye, DigitalGlobe, Astrium Geo, and ImageSat. It is what the stuff of Google is made of. GeoEye and DigitalGlobe represent approximately 75% of this market, and 2/3 of their revenue is tied to the U.S. government. There are lots of free, government sources of satellite imagery like Landsat, and weather satellites from NASA and NOAA, but these are not high-resolution satellites that can zoom in on your house, or support 3D modeling for engineering and virtual reality-type applications.
Read about why U.S. commercial satellite imagery is important:
The Fate of U.S. Commercial Satellite Imagery – and why you should care LBx Journal
Tags: DigitalGlobe, GeoEye, geospatial, GIS, Google, high-resolution satellites, Landsat, NASA, NOAA, remote sensing, satellite imagery, sub-meter, U.S. government
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Wednesday, February 8th, 2012
The Denver area has become a center of satellite imagery providers in recent years. Proposed steep cuts in the U.S. Department of Defense budget could affect satellite-imagery providers DigitalGlobe, headquartered in Longmont, and GeoEye,based in Virginia with a processing and operations center in Thornton. Combined, the companies have about 1,200 employees.
 This satellite image made available Sept. 26, 2009, by DigitalGlobe shows the suspected Iranian nuclear facility of Fordo near the holy Shiite city of Qom, where Iran is has begun enriching uranium, according to the U.N. atomic watchdog group, the International Atomic Energy Agency. (AFP/Getty Images file)
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Tags: budget cuts, DigitalGlobe, federal, GeoEye, geospatial, GIS, National Geospatial Intelligence Agency, NGA, remote sensing, satellite imagery, U.S. Department of Defense, U.S. government
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