Unmot, while I agree with the majority of your comments and expectations, there is a key point that no analysts have touched on regarding launch.
With the launch of any remote sensing satellite, there is a calibration and "check out" period post-launch that must occur. Typically, this will take a minimum or 90 days until a company (GeoEye in this case) can even begin collecting usable imagery to sell to customers. What this boils down to is that the backlog will exist throughout 2008, with revenues from GeoEye-1 only being realized in December at the earliest.
A successful launch does indeed mean good long-term revenue coming to GeoEye, but I highly doubt there will be any bump to it in 2008.
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Latest | Highest ratedGeoEye: It's Make or Break Time [View article]
With the launch of any remote sensing satellite, there is a calibration and "check out" period post-launch that must occur. Typically, this will take a minimum or 90 days until a company (GeoEye in this case) can even begin collecting usable imagery to sell to customers. What this boils down to is that the backlog will exist throughout 2008, with revenues from GeoEye-1 only being realized in December at the earliest.
A successful launch does indeed mean good long-term revenue coming to GeoEye, but I highly doubt there will be any bump to it in 2008.
GeoEye: It's Make or Break Time [View article]
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