GeoEye has announced the securing of insurance covering the 2008 calendar year for the IKONOS satellite. Insurance was obtained from Willis Inspace with terms similar to the 2007 calendar year for an amount of $20M (USD). This was facilitated, in part, by analysis conducted by Lockheed Martin Commercial Space Systems (LMCSS) on the long-term viability of the IKONOS platform.

LMCSS determined that IKONOS will be a viable imaging platform well into the next decade.

IKONOS was the first satellite to collect publicaly available imagery at 4 meter and 1 meter resolutions.