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Thursday 24 Jul 2008

Ipernica says NearMap is attractive because it has developed technologies for mosaic-ing large amounts of very high definition imagery.

Imagery is sourced from the HyperPod aerial camera system, which consists of four oblique cameras and one nadir camera. It generates about a Gigabyte of data per second.

This bit stream is processed by HyperVision software into a seamless image of the area. It runs on supercomputer clusters.

The Hyperweb then distributes this data online.

Neither Ipernica or NearMap have released any information on the new products, except the minimum necessary to satisfy their obligations to the stock exchange.

Apparently, the system can produce a complete city-wide image at 5-cm resolution within a few days, although the company has not released any other metrics of its performance.

The company has not released any information on demonstration sites or early adopters, although in a note to the ASX, Ipernica says NearMap traded profitably in 2007/08. Ipernica will invest $1 million in NearMap this year.

Ipernica's managing director, Graham Griffiths, says the company will begin sales and marketing around the end of the year. It is not clear whether it will sell the technology, either in components or as a compete system, or whether it intends to compete directly with Microsoft and Google in the production of high resolution city views.