recommended reading

How 24 Tiny Satellites Could Change Business Forever

You'd think it would be tough for a 1,200-foot long oil tanker to get lost in the shuffle, but it happens, especially, say, in the blinding bustle at the Port of Singapore, where half of the world's crude is shipped every year.

Keeping tabs on the tankers is big money for hedge funds who try to keep up using the ships' movements to predict where the price of oil is going. Kenneth Singleton, a Stanford economics professor who studies the oil market, tells of firms flying helicopters overhead to gauge inventories. Some funds, he notes, have gone as far as hiring full-time port observers on the ground to radio back intelligence, an attempt to counteract the nautical practice of ships turning off their tracking sensors to intentionally obscure their location.

"But what if investment firms had an eye in the sky?" asks John Fenwick, the co-founder of Skybox Imaging. A former Air Force officer, Fenwick is engaging in one of his company's favorite pastimes: Dreaming up use-cases for its technology -- low-cost satellites that could make images of any location on Earth accessible to the mass market.

Skybox is launching its first satellite into space this September on a Russian rocket, and hedge funds with an interest in monitoring major ports could be among its first customers. Oil futures may never be the same.

Read more at The Atlantic

Threatwatch Alert

Thousands of cyber attacks occur each day

See the latest threats


Close [ x ] More from Nextgov

Thank you for subscribing to newsletters from
We think these reports might interest you:

  • It’s Time for the Federal Government to Embrace Wireless and Mobility

    The United States has turned a corner on the adoption of mobile phones, tablets and other smart devices, outpacing traditional desktop and laptop sales by a wide margin. This issue brief discusses the state of wireless and mobility in federal government and outlines why now is the time to embrace these technologies in government.

  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

  • A New Security Architecture for Federal Networks

    Federal government networks are under constant attack, and the number of those attacks is increasing. This issue brief discusses today's threats and a new model for the future.

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

  • Software-Defined Networking

    So many demands are being placed on federal information technology networks, which must handle vast amounts of data, accommodate voice and video, and cope with a multitude of highly connected devices while keeping government information secure from cyber threats. This issue brief discusses the state of SDN in the federal government and the path forward.

  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.


When you download a report, your information may be shared with the underwriters of that document.