GeoEye (GEOY) Enters Large Imagery Product Agreements in the Middle East, Asia

July 13, 2012 12:08 PM EDT
GeoEye, Inc. (Nasdaq: GEOY), said it recently signed seven-figure agreements with two international partners in the Middle East and Asia for both the renewal and expanded use of GeoEye imagery products.

The Middle East affiliate has signed a new agreement for access to GeoEye-1 sub half-meter imagery, which is the highest resolution commercial imagery available globally. This affiliate has had an ongoing agreement with GeoEye for IKONOS satellite imagery collection and distribution since 2000. The agreement with the government customer in Asia renewed their access to GeoEye-1's highly precise imagery products. This customer has had an agreement in place for GeoEye-1 satellite imagery collection since 2009.


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