The imminent availability of high resolution satellite imagery is causing a paradigm shift in remote sensing. Detente brought about new policy directives in the U.S. and abroad, which opened up for civilian use former Earth observation spy technology down to one meter resolution, previously considered classified and strictly used by the intelligence communities for national security. This study describes a number of new ventures in the private sector which have been formed to launch commercial high resolution systems. The satellites' technical capabilities are analyzed, and application development options for the new imagery are discussed in detail. This new remote sensing data source is also seen within the framework of the larger GeoTechnology Industry to which it belongs, and the author proposes appropriate business strategies for successful commercialization.