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DigitalGlobe eyes $400 million market for high-res images

23
May
2014

For satellite imagery provider DigitalGlobe Inc, a $400 million-a-year global market awaits as soon as the United States relaxes regulations on the sale of higher-resolution images. That day cannot come soon enough for the only provider of commercial satellite images in the United States. Until then, DigitalGlobe cannot use its technology to full effect, Chief Financial Officer Yancey Spruill told Reuters in an interview. “There is a market opportunity with a roughly $400 million addressable market that we cannot participate in today because of the regulatory regime of our government,” Spruill said.

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