June 9, 2008

The Sky's the Limit with GeoEye

Seeking Alpha has an article on GeoEye, a company that specializes in geographic imagery. This company has recently won a few government contracts, and as the article points out, is beginning to appear on Google maps.

The company is set to launch a satellite toward the end of the year which will deliver the sharpest imagery available today. I did some digging on the company and found a couple articles at the Fool here and here. It turns out that this stock is a Rule Breakers recommendation.

The concern is the competition that may come with the IPO of Digital Globe, another geographic imagery company that has taken the majority of pictures for Google maps.

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