GeoEye Serves The Military, But Also Provides Pictures Of Hawaii – High Resolution Imagery Featured on Wall Street Journal

Looking for satellite photos of Colorado fire damage, flooding in Pakistan or a volcanic eruption in Iceland? Or happier images like islands, airports and soccer stadiums? GeoEye Inc. is the place. While the company’s online gallery offers an impressive number of images, people searching for pictures of Hawaii provide less revenue than other facets of the company’s business, like its military-focused services. The Dulles, Va., company just completed a $78 million sale of preferred stock to Cerberus Capital Management LP. Proceeds will be used to develop and launch the GeoEye-2 Earth-imaging satellite, slated to start operating in 2013. The funding was part of an agreement struck in March that was designed to support the company’s bid for the National Geospatial-Intelligence Agency’s EnhancedView award…

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About webmastergeoeye

GeoEye is a leading source of geospatial information and insight for decision makers and analysts who need a clear understanding of our changing world to protect lives, manage risk and optimize resources. Each day, organizations in defense and intelligence, public safety, critical infrastructure, energy, and online media rely on GeoEye’s imagery, tools and expertise to support important missions around the globe. Widely recognized as a pioneer in high-resolution satellite imagery, GeoEye has evolved into a complete provider of geospatial intelligence solutions. GeoEye’s ability to collect, process and analyze massive amounts of geospatial data allows our customers to quickly see precise changes on the ground and anticipate where events may occur in the future. GeoEye is a public company listed on NASDAQ as GEOY and is headquartered in Herndon, Virginia, with more than 700 employees worldwide. View all posts by webmastergeoeye

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