Moving Images
In 2005 the Australian company Astrovision (ASX: HZG) announced plans to launch the first commercial geostationary satellite in the Asia-Pacific. It is intended to provide true color, real-time live satellite feeds, with down to 250 metres resolution over the entire Asia-Pacific region, from India to Hawaii and Japan to Australia. They were going to provide this content to users of 3G mobile phones, over Pay TV as a weather channel, and to corporate and government users.
Unfortunately, the market response to the AstroVision concept fell into the classic chicken-egg problem: potential customers were excited by the possibilities offered, but they were unwilling (or, in government cases, generally unable) to sign contracts for a service that would not be delivered for 3–4 years (the length of time required to build and launch the satellite). AstroVision ran low on funds and was forced to shut down the program in 2006.
Read more about this topic: Satellite Imagery
Famous quotes containing the words moving and/or images:
“Thou art a toilsome mole, or less,
A moving mist;
But life is what none can express,
A quickness which my God hath kissed.”
—Thomas Stanley (1625–1678)
“Disappointment, when it involves neither shame nor loss, is as good as success; for it supplies as many images to the mind, and as many topics to the tongue.”
—Samuel Johnson (1709–1784)