DigitalGlobe extends agreement with Nokia for digital Earth imagery

DigitalGlobe extends agreement with Nokia for digital Earth imagery
Colorado-based DigitalGlobe has announced yesterday a new multi-year agreement with Nokia for use of its satellite and aerial imagery in Nokia’s location services. This imagery will be used both on Nokia devices and OVI, the web portal of the Finnish company.

“We chose DigitalGlobe as our world imagery content partner because of its high-quality imagery, comprehensive coverage, and technical experience in delivering mobile imagery solutions,” said Christof Hellmis, director, head of navigation context services platform, Nokia. “Integrating even more of DigitalGlobe’s high-resolution imagery into Nokia Maps improves the visual context of our users’ global navigation experiences.”

Digital Globe operated two high resolution commercial imagery satellite, QuickBird and WorldView-1. The Company has been very active in the LBS market in the most recent months, setting up partnerships with deCarta and NAVTEQ last November and participating to many events in this industry. DigitalGlobe is also a provider to Google and Microsoft Virtual Earth. Nevertheless public sector customers represent the majority of the revenue of DigitalGlobe: U.S. government made 60% of DigitalGlobe’s revenue in 2007 and other international intelligence agencies an additional 8%.

In April last year DigitalGlobe filed for an IPO on the NYSE (read more here), but the market conditions forced the company to delay its plans.

Friday, February 13th 2009

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