GeoEye Announces First Sale of Stereo Imagery Products to the
Government of India
HERNDON, Va., Jan. 8, 2013 /PRNewswire/ -- GeoEye, Inc.
(NASDAQ: GEOY), a leading source of geospatial information and
insight, announced that it received an order from the Government of
India for stereo imagery from the
high resolution GeoEye-1 satellite to support development of
India's freight railway corridor.
Stereo imagery provides three-dimensional viewing and feature
recognition for a number of engineering applications, including
three-dimensional feature extraction.
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RITES, a Government of India Enterprise, made the six-figure
purchase through the National Remote Sensing Centre (NRSC),
GeoEye's Master Reseller for India. They provide engineering, consulting
and project management services to India's transportation infrastructure
sector.
This new customer will receive GeoEye-1's 50-centimeter stereo
imagery products, the highest resolution satellite imagery that is
commercially available worldwide. RITES will use this imagery for
the planning, design and alignment of two high-speed transportation
corridors within India.
"GeoEye-1 stereo imagery is a cost-effective investment for
organizations like the Indian Railways Ministry as they pursue
development programs that require them to have access to
three-dimensional images of existing man-made structures and
natural terrain," said Chris Tully,
GeoEye's senior vice president of Sales. "This agreement also marks
an important milestone for GeoEye, as the Railways Ministry is the
first Indian government agency to purchase GeoEye stereo
imagery."
According to a senior RITES official, "The Railways Ministry has
a great responsibility in overseeing all of India's railways. Being able to refer to
GeoEye's high resolution stereo imagery helps simplify our planning
efforts while ensuring that we have access to the latest
visualizations of the regions in which we are operating."
NRSC will oversee the delivery of the imagery to RITES and the
Indian Railways Ministry.
About GeoEye
GeoEye is a leading source of geospatial
information and insight for decision makers and analysts, who need
a clear understanding of our changing world to protect lives,
manage risk and optimize resources. Each day, organizations in
defense and intelligence, public safety, critical infrastructure,
energy and online media rely on GeoEye's imagery, tools and
expertise to support important missions around the globe. Widely
recognized as a pioneer in high-resolution satellite imagery,
GeoEye has evolved into a complete provider of geospatial
intelligence solutions. GeoEye's ability to collect, process and
analyze massive amounts of geospatial data allows our customers to
quickly see precise changes on the ground and anticipate where
events may occur in the future. GeoEye is a public company listed
on NASDAQ as GEOY and is headquartered in Herndon, Virginia with more than 700 employees
worldwide. Learn more at www.geoeye.com.
About RITES
RITES, a Government of India
Enterprise, provides comprehensive engineering, consultancy and
project management services in the transport infrastructure sector
under single roof. Since its inception in 1974, company has made
steady progress and diversified into new areas of business such as,
export/leasing, maintenance and rehabilitation of railway rolling
stock, operation and maintenance of railway systems under
concession agreements and BOT, BOOT and PPP projects. RITES
presently has over 600 on-going projects in India and over 30 projects overseas. Learn
more at www.rites.com.
About NRSC
The National Remote Sensing Centre (NRSC)
is GeoEye's Master Reseller for India. Located at Hyderabad, NRSC is
one of the centers of Indian Space Research
Organisation (ISRO), striving to realize the Indian Space
Vision, as a key player in Earth Observation program and Disaster
Management Support program. NRSC is responsible for acquisition,
processing, supply of aerial and satellite remote sensing data and
continuously exploring the practical uses of remote sensing
technology for multilevel (global to local) applications. It
provides the necessary trained manpower through capacity building
in remote sensing applications. Learn more at www.nrsc.gov.in.
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as updated in our Quarterly Reports on Form 10-Q for the periods
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SOURCE GeoEye, Inc.