GeoEye, Inc., announced that the National Geospatial-Intelligence Agency (NGA) notified the company that imagery from the GeoEye-1 satellite has been certified as meeting their stringent requirements for quality, accuracy and resolution. GeoEye is now delivering GeoEye-1 sub-half-meter ground resolution satellite imagery to the National Geospatial-Intelligence Agency (NGA).
As a result of the certification, the GeoEye-1 satellite is fully commissioned and GeoEye is able to begin recognizing revenue of $12.5 million per month under the terms of a Service Level Agreement (SLA) signed with the NGA in Dec. 2008. Deliveries to NGA begin Feb. 23, 2009.
The NextView programme is designed to ensure that the NGA has access to commercial imagery in support of its mission to provide timely, relevant and accurate geospatial intelligence in support of national security.
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