RapidEye To Supply Satellite Imagery To The European Space Agency

Monitoring Of High-Risk Emergency Areas

Brandenburg / Havel, Germany– November 9, 2009 – RapidEye, the only geospatial solutions provider to own and operate a constellation of five identical Earth Observation satellites, announced today that a frame contract has been signed with the European Space Agency (ESA) to provide RapidEye satellite imagery for monitoring and change detection in areas prone to natural disasters.

The contract between RapidEye and ESA is based on a list of pre-defined, high-risk areas, for which RapidEye will provide satellite imagery before and after an emergency event has occurred. With its constellation of five satellites, the RapidEye system has the capability to revisit an area daily, which accommodates frequent monitoring intervals and can provide the most up-to-date information on environmental changes.

Michael Prechtel, Head of Sales and Marketing for RapidEye, commented, “We are proud to be a part of this European project that assists in monitoring and managing areas that are likely to be, and have been affected, by natural disasters. To support this project, we offer a special emergency order service to ESA by providing satellite data within 12-24 hours following a request. We look forward to contributing to the success of this project, as it will allow the European Community to be better prepared for critical environmental situations.”

ESA will be using RapidEye's satellite imagery mainly for the project 'Safer', a security and emergency project of the Global Monitoring for Environment and Security (GMES) program in Europe. GMES is a European program for implementing a European capacity for Earth Observation, with an objective to monitor and better understand the environment. By contributing to the success of the 'Safer' project, RapidEye will support ESA in reinforcing the European capacity to better respond to emergency situations deriving from storms, fires, floods, earthquakes or landslides. For more information about the GMES program of ESA please go to http://gmesdata.esa.int.

Aside from offering satellite imagery of high-risk areas, RapidEye provides satellite data of millions more square kilometers of Earth, which can be chosen from the expanding collection of imagery in the RapidEye Library. The RapidEye Library can be accessed by contacting a distributor at www.rapideye.de/distributors, or RapidEye directly. The Library is continuously growing, with new images being downloaded from the satellites every day. For more information, please visit RapidEye's website at www.rapideye.de, or email an inquiry to Email Contact.

About RapidEye AG

RapidEye is an ISO-certified geospatial information provider focused on integrating customized and industry specific solutions into the workflow of global customers in agriculture, forestry, energy, infrastructure, government, security and emergency. RapidEye experts and the satellite system – a constellation of five satellites capable of downloading over 4 million km² of high resolution, multi-spectral imagery per day, and a ground segment for processing and archiving data – allow for cost-effective customized services. The unique combination of large area coverage, high spatial resolution and the possibility of daily revisit to an area provide for superior management information solutions. Currently, more than 110 experts from more than 20 countries are employed by RapidEye, with plans to grow the team to 140 by late 2009.

RapidEye benefits from a public-private partnership with the Space Agency of the German Aerospace Center (DLR), which is supported by the Federal Ministry of Economics and Technology. RapidEye is also cofinanced by the European Regional Development Fund (ERDF). For more information on ERDF please contact Email Contact.

RapidEye is a “Selected Landmark in the Land of Ideas” and therefore part of the event series “365 Landmarks in the Land of Ideas”. This program is run by the initiative “Germany – Land of Ideas” and Deutsche Bank. Being a “Selected Landmark” RapidEye will stand for Germany being a “Land of ideas” in 2009 and will demonstrate Germany's spirit of innovation. The initiative is under the patronage of Germany's federal president Horst Köhler. www.land-of-ideas.org

For more information about RapidEye, please visit www.rapideye.de.



Contact:

RapidEye AG
Molkenmarkt 30
14776 Brandenburg a. d. Havel, Germany
E-mail: Email Contact




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