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GeoEye to Work with Republic of the Maldives under New Deal

GeoEye (Nasdaq: GEOY) picked up a deal from the Republic of the Maldives to create a vessel monitoring system for fisheries management and safety.

The firm “will build the secure infrastructure for a countrywide vessel monitoring system and supply 10 Osprey Personal Tracker terminals for a trial deployment.”

“Our cost-effective tracking and messaging solution is perfect for managing the large artisanal fishing fleets of the developing world, ” said Gregory Hammann, senior director, Marine Services Operations and Engineering at GeoEye. “GeoEye welcomes the opportunity to build the vessel monitoring system for the Maldives.”

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