A Forecast International study estimates the production value of remote sensing satellites will reach $27.2 billion by 2024 due to an increasing demand for Earth imagery products in both government and commercial sectors. Manufacturers are projected to build more than 200 satellites equipped with remote sensing technology over the next decade, the research firm said […] More

MarketsandMarkets predicts the marine composites market will rise in value to $4.97 billion over the next five years due to increases in demand for high-speed boats, fuel-efficient vehicles and design flexibility. The firm said Tuesday that the costs of carbon fiber, styrene regulations and potential issues with the reparability and recyclability of composites could hinder further growth in the market. The report also […] More

Iridium Communications has completed a series qualification tests on a new design Spectrolab and Mitsubishi Electric developed for the solar panel arrays that will be fitted to the Iridium NEXT satellites. Iridium said Tuesday the design consists of four panels that span approximately 30 feet and generate at least 2 kilowatts of power via triple-junction solar cells. Scott Smith, Iridium chief operating […] More

Bechtel plans to bid for work on a $17.9 billion project to build a high-speed rail network in Brazil, BNamericas.com reported Tuesday. Daniel Bland writes national logistics and planning agency EPL will supervise the railway project, which will involve 317.5 miles of track. Proposals are due by Aug. 13 and bids will open on Sept. […] More

GeoEye Inc. has partnered with Mitsubishi Corp. subsidiary Japan Space Imaging Corp. to provide a major Japanese ministry with access to comprehensive high-resolution satellite imagery of all of Japan through GeoEye“™s EyeQâ„¢ platform, according to a company statement. “This agreement with JSI to serve a Japanese ministry marks an important milestone for GeoEye,“ said Christopher Tully, […] More

David Thompson is chief financial operator for government business for Ericsson Federal, Inc. In this position, Thompson is responsible for all elements of the company’s finance, accounting and the development and implementation of strategic opportunities in government segments of Ericsson’s North American products and customer base. Thompson joined Ericsson in 1996 as CFO for the […] More