Hedge funds turn to satellite software

FM – The stakes are high these days when it comes to due diligence by alternative investment vehicles. If they are going to take a massive stake in a company, they have every right to a thorough review of all operations. Even then, they need to skeptical. By the same token, if a company is going to take a massive short position on a company, betting that the company is a fraud, it needs every possible confirmation that something is amiss.

Toward the goal of better information to gain an informational edge, hedge funds these days are turning to satellite technology.

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