spacetoday.net: space news from around the web

ExoLance
GeoEye offers to buy DigitalGlobe
Posted: Sat, May 5, 2012, 11:53 AM ET (1553 GMT)
GeoEye-2 illustration (Lockheed Martin) Commercial remote sensing company GeoEye announced Friday a proposal to acquire its principal domestic rival in space-based imaging, DigitalGlobe, for nearly $800 million. GeoEye announced it was offering $17 per share in cash and stock for DigitalGlobe, which would value the company at $792 million. DigitalGlobe confirmed it received the offer and was evaluating it. Both companies operate satellites that provide high-resolution images for government and commercial customers, but are facing a potential shortfall in sales as the US government has proposed cutting back on imagery purchases under the EnhancedView contracts with both companies.
<<previous article   next article>>
news in brief
Blue Origin and ULA partner on new engine
Posted: Thu, Sep 18 7:35 AM ET (1135 GMT)

Texas airport receives spaceport license
Posted: Thu, Sep 18 7:23 AM ET (1123 GMT)

Atlas 5 launches classified satellite
Posted: Wed, Sep 17 8:41 PM ET (0041 GMT)

news links
Thursday, September 18
The Commercial Spaceflight Federation Commends NASA on CCtCap Awards
Commercial Spaceflight Federation — 7:08 am ET (1108 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list