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GeoEye, a leading producer of satellite and aerial imagery and geospatial information, today announced it has contracted with ITT Corporation to begin work on the camera for GeoEye's next satellite, GeoEye-2. This is the first step in a phased development process for an advanced, third-generation satellite capable of discerning objects on the Earth's surface as small as 0.25-meter (9.75 inch) in size. The company expects to contract with a satellite builder in 2008 and launch the satellite approximately three years after work begins under that contract. [...]
Read more: http://www.directionsmag.com/press.releases/?duty=Show&id=27522&trv=1