Chris Fernandez says buy now, before earning are announced Friday. Why now?
- low valuation
- upcoming positive catalysts (earnings, DigitalGlobe IPO, launch later this year)
- Seeking Alpha
[Senior military official from UAE] Brigadier Khalifa Mohammad Al Rumaithi, told Gulf News of plans to launch a satellite in conjunction with other GCC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE).
Speaking at the Defence Geospatial Intelligence conference, the UAEs Chief of Military Works at the Armed Forces, noted that a lot of progress has already been made on the Satellite, dubbed Dubai sat1, which the UAE says is for peaceful and civilian purposes only.
It will purportedly be able to help the country with urban development planning and infrastructure by providing accurate maps and be useful in management of potential natural disasters. It's not for spying, honest.
Mobile Video, which was founded in 1986 and is based in Kansas City, Missouri, captures geospatial images of properties for tax administrators, GIS departments and the emergency services. It employs some 40 staff operating a fleet of 16 field vehicles across the US, and manages several contracts with local government agencies.
The company's secret sauce is a trigonometry-heavy application that can take satellite imagery and create a 3D model of a house. From the model, Sungevity calculates the pitch of the roof, the azimuth (for instance, where the house faces in relation to compass points) and the available area.
"You introduce errors when you put a guy on the roof," Kennedy asserted.
Sungevity uses data from Microsoft Virtual Earth rather than Google Earth for its satellite imagery. Google Earth only provides a top-down view of a roof. Virtual Earth gives data from different angles, which lets Sungevity calculate pitch.
The U.S. National Geospatial-Intelligence Agency (NGA) and National Reconnaissance Office (NRO) commission the report titled, "Independent Study of the Roles of Commercial Remote Sensing in the future National System for Geospatial-Intelligence" early last year. It explores four possible business cases for how the government and private companies might work together to provide needed imagery for those agencies and their government clients. The suggested path is not the status quo and may have implications for the two current U.S. commercial satellite providers DigtialGlobe and GeoEye. Our editors try to tease out what the report means and its implications.
"By no means are we saying that light at night is the only or the major risk factor for breast cancer," said Itai Kloog, of the University of Haifa in Israel, who led the new work. "But we found a clear and strong correlation that should be taken into consideration."