Just as Northern Virginia loses one headquarters, it could gain another if Matt O’Connell has his way. The chief executive of Herndon-based GeoEye Inc. plans to kick off a new technology venture in the region as soon as his company sells to a core competitor.

O’Connell won’t be able to do anything in satellite mapping after Longmont, Colo.-based DigitalGlobe Inc. closes on its $900 million purchase of GeoEye during the first part of 2013, causing him to relinquish his CEO title. But he plans to partner with others in the federal market and private equity community to launch a new company — likely one that supports intelligence gathering.

Continue Reading