planetgs.com (75)
www.thegisforum.com (67)
www.spatialsciences.org.au (32)
georezo.net (30)
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Tuesday, August 11. 2009
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DoD Wants More Imagery; GeoEye and DigitalGlobe Announce Quarterly Earnings
On Monday quite a bit happened in the satellite remote sensing arena:
The National Geospatial-Intelligence Agency (NGA) issued a statement of requirements to get industry input and guide its own strategic planning process for imagery needed in the future. While the document is classified analysts and executives suggest a request for proposals later this year which could mean a few billion dollars in revenues for DigitalGlobe Inc and/or GeoEye in the coming years.
DigitalGlobe announced second quarter net income of $8.4 million (19 cents a share) down from $11.6 million (26 cents a share) last year. The forecast for the full year is expected below Wall Street expectations. The second quarter included a $7.7 million pre-tax charge for DigitalGlobe paying off debt early and was the first the company reported as a public company.
GeoEye had a surprisingly good second quarter. Net income for the second quarter was $9.6 million (46 cents per fully diluted share) up from net loss of $558,000 (3 cents per fully diluted share) last year. GeoEye said it would not plan for GeoEye-2 until the government stated its needs and funding plans.
- Reuters
- DigitalGlobe PR
- GeoEye PR
Podcast: Cloud Computing in Geospatial
Cloud computing is on everyone's list of buzz words this summer. What does the phrase mean? And what does it mean in the geospatial arena? We offer some definitions and ways to think about the new computing platform and look at what's happening now and may be ahead for geospatial technology practitioners.
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Tuesday, August 4. 2009
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Golf Course GPS Firm Files for Bankruptcy
GPS Industries Inc. which manufacturers GPS units for use in golf, is reorganizing under the Chapter 11 bankruptcy code. The Sarasota, Florida firm moved from Canada within the last few months. It's filing listing assets of between $1 million and $10 million and liabilities between $10 million and $50 million. The downturn in the economy did not treat the firm well.
- Tampa Bay Business Journal





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