NEA 0.00% $2.10 nearmap ltd

Ann: Application for preliminary discovery against Spookfish, page-68

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  1. reg
    599 Posts.
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    Nearmap has captured approx 200,000km2 in the US. Working off their capture plan of large cities 6 times per year, and urban areas 3 times per year, they will capture 800-900,000 km2 this year, for a cost of $8m. SFI would cost $80-90m to do the same thing. Nea is $10/km2 or even a bit less. It's not 3d, but it's an order of magnitude cheaper to capture than SFI.

    I expect SFI will find it's niche, but the idea of capturing whole countries appears fanciful given the cost of capture. Even Japan would cost them about $40 million to capture, with a poulation of about 130 million, but that is as dense a population of an affluent country as there is.

    Whole countries? Luxembourg, Lichtenstein and the Vatican spring to mind.
 
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