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DigitalGlobe, Saab in joint venture to build 3D model of the earth
It sees billions of dollars in new business in defence, infrastructure markets
Published Wed, May 27, 2015 · 09:50 PM
Washington
US satellite imagery provider DigitalGlobe Inc and Sweden's Saab AB on Tuesday announced a new joint venture aimed at building an accurate 3D model of the earth and capturing billions of dollars in new business.
Tony Frazier, senior vice-president at DigitalGlobe, said that the two companies had been working together for two years, but were now creating a separate US-based venture, Vricon Inc, to accelerate the work and team up on distribution.
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