Recon from Space

Earth-orbiting satellites have been part of the fabric of daily life for more than 50 years.  Billions of people depend on them to support fast, accurate execution of communication, weather monitoring, military and intelligence operations, and other activities. In recent years, the property management industry has become a leader in leveraging space systems’ elevated perspective for better-informed decision-making. Sharp Images from Orbit A key connection between satellites and real estate stakeholders is Westminster, Colo.-based DigitalGlobe, owner and operator of five imaging satellites launched between 2007 and 2016.  (Two other satellites launched in 1999 and 2001 were decommissioned, although their imagery remains available.)  Equipped with best-in-class optics and electronics, the satellites—GeoEye-1 and four WorldView-class sensors—crisscross the globe, snapping high-quality pictures from low Earth orbit (300 to 478 miles). Imagery from DigitalGlobe’s satellite constellation, which is capable of covering more than 620 million square miles annually, populates GBDX, a big data digital library and analytics platform.  Investors, insurance companies, environmental managers, urban planners and others involved in buying, developing and occupying properties tap into GBDX.  The high-resolution (about 12 inches) imagery aids site selection and development planning, property value and insurance assessments, solar and wind energy potential, code enforcement and more.  The collection, transmission, processing and dissemination cycle can take as little as two hours, and the data can be used to create 3-D, stereo and digital elevation models. Assessing Risk “If you’re thinking of purchasing property for investment or development, there’s a lot you need to know: what’s a building’s size, shape, configuration and proximity to neighbors?  Is a property flooded, burned or otherwise damaged?  What’s the possibility of fire, floods, wind or hail?  What is the best access route for emergency service providers?  Are there new additions or deletions that could impact value or...