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'''GeoEye Inc.''' ({{NASDAQ|GEOY}}) (formerly '''Orbital Imaging Corporation''' or '''ORBIMAGE''') is a commercial [[satellite imagery]] company based in Herndon, Virginia<ref>{{cite news| url=http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GEOY.O | work=Reuters}}</ref> that is the world's largest space imaging corporation.<ref name="globalsecurity.org">[http://www.globalsecurity.org/intell/library/news/2006/intell-060112-geoeye.htm ORBIMAGE Completes Acquisition of Space Imaging; Changes Brand Name to GeoEye]</ref>
'''GeoEye Inc.''' ({{NASDAQ|GEOY}}) (formerly '''Orbital Imaging Corporation''' or '''ORBIMAGE''') is a commercial [[satellite imagery]] company based in Herndon, Virginia<ref>{{cite news| url=http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GEOY.O | work=Reuters}}</ref> that is the world's largest space imaging corporation owned by [[Cerberus Capital Management]].<ref name="globalsecurity.org">[http://www.globalsecurity.org/intell/library/news/2006/intell-060112-geoeye.htm ORBIMAGE Completes Acquisition of Space Imaging; Changes Brand Name to GeoEye]</ref>


The company was founded in 1992 as a division of [[Orbital Sciences Corporation]] in the wake of the 1992 Land Remote Sensing Policy Act which permitted private companies to enter the satellite imaging business. The division was [[corporate spin-off|spun off]] in 1997. It changed its name to GeoEye in 2006 after acquiring [[Denver, Colorado]]-based Space Imaging for $58 million.<ref name="globalsecurity.org"/> Space Imaging was founded and controlled by [[Raytheon]] and [[Lockheed Martin]]. Its principal asset was the [[IKONOS]] satellite.
The company was founded in 1992 as a division of [[Orbital Sciences Corporation]] in the wake of the 1992 Land Remote Sensing Policy Act which permitted private companies to enter the satellite imaging business. The division was [[corporate spin-off|spun off]] in 1997. It changed its name to GeoEye in 2006 after acquiring [[Denver, Colorado]]-based Space Imaging for $58 million.<ref name="globalsecurity.org"/> Space Imaging was founded and controlled by [[Raytheon]] and [[Lockheed Martin]]. Its principal asset was the [[IKONOS]] satellite.

Revision as of 23:14, 19 August 2012

GeoEye Inc.
Company typePublic (Nasdaq: GEOY)
Founded1992 Orbital Imaging Corporation
2006 GeoEye
FounderOrbital Sciences Corporation
Headquarters
Herndon, Virginia
,
United States
Key people
James Alan Abrahamson (chairman), Matthew O'Connell, (CEO)[1]
RevenueUS$183.76 million (2007-12-31)[2]
US$80.33 million (2007-12-31)[2]
US$42.39 million (2007-12-31)[2]
Total assetsUS$789.95 million (2007-12-31)[2]
Total equityUS$216.92 million (2007-12-31)[2]
Number of employees
410 (2008-06-30)[2]
WebsiteGeoEye.com

GeoEye Inc. (Nasdaq: GEOY) (formerly Orbital Imaging Corporation or ORBIMAGE) is a commercial satellite imagery company based in Herndon, Virginia[3] that is the world's largest space imaging corporation owned by Cerberus Capital Management.[4]

The company was founded in 1992 as a division of Orbital Sciences Corporation in the wake of the 1992 Land Remote Sensing Policy Act which permitted private companies to enter the satellite imaging business. The division was spun off in 1997. It changed its name to GeoEye in 2006 after acquiring Denver, Colorado-based Space Imaging for $58 million.[4] Space Imaging was founded and controlled by Raytheon and Lockheed Martin. Its principal asset was the IKONOS satellite.

Although ORBIMAGE's first chairman was Orbital chairman David W. Thompson, and Orbital at the time owned more than 60 percent of the stock, it no longer has a substantial interest in the new company.[5]

GeoEye provides 253,000,000 square kilometres (98,000,000 sq mi) of satellite map images to Microsoft and Yahoo! search engines. Google has exclusive online mapping use of the new GeoEye-1 satellite.[6] It is a major supplier to the National Geospatial-Intelligence Agency.

GeoEye's headquarters are in Herndon, Virginia. Satellite Operations are conducted in Herndon, Virginia and in Thornton, Colorado. The location in Saint Louis, Missouri provides additional image processing. There are multiple ground stations located worldwide.

GeoEye's primary competitors are DigitalGlobe and Spot Image.

Since 2001, its chairman has been former astronaut and Lieutenant General James A. Abrahamson.[7]

In 2011, GeoEye was inducted into the Space Foundation's Space Technology Hall of Fame[8] for its role in advancing commercial Earth-imaging satellites.[9]

Satellites

GeoEye operates its own fleet of Earth observation satellites, which provide visible and near-infrared images of land and sea at resolutions below 1 m (3.3 ft).

IKONOS

Main article: IKONOS

Launched in 1999 by Space Imaging, IKONOS collects 82 cm (32 in) panchromatic and 3.2 m (10 ft) multispectral data at a rate of over 2,000 km2 (770 sq mi) per minute. IKONOS orbits the Earth every 98 minutes at an altitude of approximately 680 km (420 mi). It travels a sun-synchronous orbit, passing a given longitude at 10:30 AM local time. IKONOS is operated out of Thornton, Colorado. It derived its name from the Greek term eikōn' (pronounced eikona) for image.[10]

OrbView-2

The satellite also called SeaStar was launched in 1997 by ORBIMAGE, OrbView-2 collects color imagery of the Earth's entire land and ocean surfaces on a daily basis. Commercial fishing vessels use OrbView-2 data for detecting oceanographic conditions used to create fishing maps. The satellite also provides broad-area coverage in 2,800 kilometer-wide swaths, which are routinely used in naval operations, environmental monitoring, and global crop assessment applications. OrbView-2 carries NASA's SeaWiFS sensor. OrbView-2 is operated out of Herndon, Virginia.[11] It stopped collecting data on 11 December 2010.[12]

OrbView-3

Launched in 2003 by ORBIMAGE, OrbView-3 acquired 1 m (3.3 ft) panchromatic and 4 m (13 ft) multispectral imagery in an 8-kilometer-wide swath. The satellite collected up to 210,000 km2 (81,000 sq mi) of imagery each day. It revisited each location on Earth in less than three days with the ability to collect data up to 50 degrees off nadir. Similar to IKONOS, this satellite passes a given longitude at 10:30 AM local time.

On April 23, 2007, GeoEye, Inc. filed a Form 8-K to announce that its OrbView-3 satellite is permanently out of service. Though GeoEye remained in control of the satellite, it no longer produced usable imagery.[13][14] The spacecraft decayed on March 13, 2011 via a controlled reentry into the broad area Pacific Ocean.

GeoEye-1

Main article: GeoEye-1

GeoEye-1 (Former name OrbView 5) launched on September 6, 2008 at 11:50:57 a.m. PDT (1850:57 UTC). The satellite separated successfully from its Delta II launch vehicle at 12:49 p.m. PDT (1949 UTC), 58 minutes and 56 seconds after launch.[15] The satellite provides 41 centimetres (16 in) panchromatic and 1.65 meter multispectral imagery in 15.2 km swaths. The spacecraft is intended for a sun-synchronous orbit at an altitude of 425 miles (684 km) and an inclination of 98 degrees, with a 10:30 a.m. equator crossing time. GeoEye-1 can image up to 60 degrees off nadir. It is operated out of Herndon, Virginia and was built in Arizona by General Dynamics Advanced Information Systems.

GeoEye-2

Main article: GeoEye-2

GeoEye-2, which has a contract with ITT Corporation for the imaging is scheduled launch in 2013 and has a planned resolution of 25 cm (9.8 in)[6] Lockheed Martin has been selected to build the satellite platform over General Dynamics [16]

Aerial imagery

GeoEye expanded into aerial imagery in March 2007, with the purchase of MJ Harden from General Electric Company.[17] MJ Harden, based in Mission, KS, is now a wholly owned subsidiary that operates two aircraft that carry a digital mapping camera (DMC) and a sophisticated LiDAR imaging system. MJ Harden was founded by Milton J. Harden in 1956 to provide Photogrammetry services.[18] GE Power Systems bought the company in 2003.[19]

Regional affiliates

References

  1. ^ "(Interview with Matt O'Connell)". Future Tense. American Public Media. 2008-06-26.
  2. ^ a b c d e f http://finance.google.com/finance?q=geoy
  3. ^ Reuters http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GEOY.O. {{cite news}}: Missing or empty |title= (help)
  4. ^ a b ORBIMAGE Completes Acquisition of Space Imaging; Changes Brand Name to GeoEye
  5. ^ http://moneycentral.msn.com/ownership?Symbol=GEOY
  6. ^ a b Google to buy GeoEye satellite imagery -cnet.com - August 29, 2008
  7. ^ Reuters http://www.reuters.com/finance/stocks/officerProfile?symbol=GEOY.O&officerId=842914. {{cite news}}: Missing or empty |title= (help)
  8. ^ http://www.spacetechhalloffame.org/pressrelease1.html
  9. ^ http://www.spacefoundation.org/news/story.php?id=1086
  10. ^ http://www.geoeye.com/CorpSite/products/imagery-sources/Default.aspx?keywords=ikonos&creative=1350458344&gclid=COS9staay5UCFQxxHgodvCAIiQ
  11. ^ http://eospso.gsfc.nasa.gov/eos_homepage/mission_profiles/docs/Orbview-2_SeaWiFS.pdf
  12. ^ NASA, Goddard Space Flight Center (December 1, 2011). "Ocean Color Browse". Retrieved December 1, 2011.
  13. ^ OrbView 3 Satellite Malfunctions
  14. ^ SEC Form 8-K Regarding Orbview-3 Technical Problem
  15. ^ Justin Ray. "Delta 2-335 Mission Status Center". Retrieved 2008-09-05.
  16. ^ http://www.spacenews.com/earth_observation/100311-lockheed-selected-geoeye2.html
  17. ^ GeoEye Acquires MJ Harden Aerial Business From GE Oil & Gas
  18. ^ Geospatial Services - geoeye.com
  19. ^ Power Systems buys M.J. Harden Associates in Kansas City - bizjournals.com - August 21, 2003.

Lieutenant General James A. Abrahamson Chairman of the Board of GeoEye (NASDAQ: GEOY - News) and Chairman of the Board of Global Relief Technologies announced that MSGI Security Solutions Inc, (OTCBB: MSGI - News) today the appointment of Lieutenant General James A. Abrahamson, (retired USAF) as Vice-Chairman of the MSGI Board of Directors.http://finance.yahoo.com/news/Lieutenant-General-James-A-bw-2120693784.html?x=0&.v=1

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