GeoEye receives new U.S. Government awards totaling USD23.9 Million

GeoEye receives new U.S. Government awards totaling USD23.9 Million

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Virginia, USA, 01 May 2007: GeoEye announced recent new awards totaling $23.9 million to supply multiple U.S. government customers with high-resolution commercial satellite imagery, geospatial products and services.

GeoEye will provide a significant amount of value-added, imagery-based geospatial-intelligence products for the National Geospatial-Intelligence Agency (NGA) and will supply a substantial volume of imagery products to the U.S. Department of Agriculture (USDA). Imagery processing and production will be performed at GeoEye’s image processing centers located in Dulles, Virginia; St. Louis, Missouri; Thornton, Colorado; and Norman, Okla.

“Serving the NGA as a key customer is not only a critical element of our business, but also allows us to play an important role in the service of our country,” said Bill Wilt, GeoEye’s vice president of North American sales. “They have played an important role in ensuring a robust, competitive commercial imagery market and have committed to purchasing imagery from our next-generation satellite, GeoEye-1, due to be launched later this year. We are also continuing to supply imagery to the USDA supporting various programs to support their global commodity estimates and crop forecasts.”

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 later in 2007 from the Vandenberg Air Force Base in California. For more information, visit www.geoeye.com.