EnhancedView’s cloudy future
Late last week GeoEye announced an offer to acquire its chief rival in the commercial remote sensing market, DigitalGlobe, a proposal that was quickly rebuffed by DigitalGlobe. Jeff Foust of The Space Review reports that while there may not be a merger or acquisition involving those companies now, proposed cuts in the government’s EnhancedView program could lead to major changes in the industry in the near future.
- GeoEye Proposes Acquisition Of DigitalGlobe (spacedaily.com)
- GeoEye disappointed by rejection of offer (virginiabusiness.com)
- Why DigitalGlobe Shares Popped (dailyfinance.com)