Monday, May 11, 2009

DigitalGlobe to IPO This Week

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It is certainly exciting when a major player in the GEOINT space decides to go public. And, that is exactly what is happening with USGIF member, DigitalGlobe. The company just announced that it will officially IPO later this week. With the Obama administration’s plans to use more commercial satellite imagery for intelligence gathering, it seems that the timing is right for the public offering, which is slated to happen on Thursday. DigitalGlobe will trade on the New York Stock Exchange under the symbol DGI.

Stay tuned for updates on the IPO and we will surely let you know how they do opening day!


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