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GeoEye awarded $19.6 million contract

Virginia, USA, 2 August 2006: GeoEye, the commercial satellite imaging company, announced on August 2 that the U.S. Government has awarded the company contracts totaling $19.6 million to supply imagery and value-added products and services to several Federal agencies including the United States Department of Agriculture (USDA), National Park Service, and the National Geospatial-Intelligence Agency (NGA).

GeoEye will supply imagery for these contracts from its constellation of three Earth-imaging satellites. These agencies will use GeoEye’s finished products and services in various capacities such as mapping, change detection and for environmental monitoring.

GeoEye is currently building its next-generation commercial satellite imaging system, GeoEye-1, which will provide a ground resolution of 0.41-meter panchromatic and 1.65-meter multispectral or color imagery. The launch of GeoEye-1 is slated for early 2007 from the Vandenberg Air Force Base in California.