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Article: Geomatics industry update: winning strategies to beat the recession.
- Article from:
- GEO: connexion
- Article date:
- July 1, 2009
CopyrightCOPYRIGHT 2009 Bev-AL Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Two firms fighting for satellite imagery market share are GeoEye, Inc. and DigitalGlobe, Inc., the latter now added to our Stock Market Analysis portfolio, following their launch onto the NYSE ("DGI") 14 May 2009, which raised $2793 million, pricing 14.7 million shares at $19 each. Shares rose to $25.00 on the day of the IPO, but have since fallen back to $ 18.19 (8 June). Regulatory filings stated that DigitalGlobe's 2008 revenue grew 82% to $275.2 million, compared to 2007, with 2008 net income of $53 million, down 44% from 2007. Pre-tax income for 2008 was $92 million, up from $37.9 million in 2007. Instead of using the IPO money for its latest satellite launch, the ...
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Article: GeoEye's Next-Generation Satellite Arrives at Vandenberg ...
PR Newswire;
July 10, 2008 ;
700+ words
...GeoEye-1 Earth-Imaging Satellite Begins Final ... July 10 /PRNewswire-FirstCall/ -- GeoEye, Inc. , a premier provider of satellite ... geospatial information, announced today that its GeoEye-1 satellite safely arrived at Vandenberg ...
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