Malaysia Airlines Flight 370: Internet Users Can Help Search It

Malaysia Airlines Flight 370: Internet Users Can Help Search It

Internet users can assist in searching for the lost Malaysia Airlines Flight 370 from the comfort of their home computer.

As government searchers can’t find a trace of plane, internet users given chance to help

On Monday DigitalGlobe Inc (NYSE:DGI) announced a crowdsourcing campaign to find the lost Boeing 777 aircraft. Tomnod, a DigitalGlobe crowdsourcing platform, is allowing internet users to search through satellite images and then identify potential objects for further investigation.

DigitalGlobe Inc (NYSE:DGI) claims to operate the world’s most advanced commercial imaging satellites.  The company, which provides its imagery to Google Inc (NASDAQ:GOOG), offers a subscription service called FirstLook that provides internet-based access to timely imagery.

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Internet users identify and tag significant objects

People can help by joining the Tomnod volunteer team and then labeling important locations and potentially significant objects, such as potential airplane wreckage.  The satellite images are updated regularly. On Sunday, DigitalGlobe Inc (NYSE:DGI) collected around images from 3,200 square kilometers from the Gulf of Thailand that can be analyzed by the Tomnod community.

Web site down, fielding “unprecedented level” of traffic

DigitalGlobe said Tuesday that Tomnod is fielding an “unprecedented level” of Web traffic after kicking off the campaign, and when visiting the Tomnod web site the site was down. The company is in the process of uploading new images.

Site used in 2013 Philippines typhoon

DigitalGlobe Inc (NYSE:DGI) acquired Tomnod in 2013. The site was used by thousands of internet volunteers to tag 60,000 objects after a typhoon hit the Philippines in November 2013, a report said.

The Malaysian aircraft disappeared without a trace over the weekend with 239 passengers on board. There are currently 9 different countries searching 10,000 square miles.  The search is centering on the relatively shallow South China Sea, the area where the plane initially lost digital contact with aircraft control. There has been no sign of a crash in the ocean. The search should move to land, where the thick jungles of Vietnam can quickly envelop a plane.

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Mark Melin is an alternative investment practitioner whose specialty is recognizing a trading program’s strategy and mapping it to a market environment and performance driver. He provides analysis of managed futures investment performance and commentary regarding related managed futures market environment. A portfolio and industry consultant, he was an adjunct instructor in managed futures at Northwestern University / Chicago and has written or edited three books, including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008). Mark was director of the managed futures division at Alaron Trading until they were acquired by Peregrine Financial Group in 2009, where he was a registered associated person (National Futures Association NFA ID#: 0348336). Mark has also worked as a Commodity Trading Advisor himself, trading a short volatility options portfolio across the yield curve, and was an independent consultant to various broker dealers and futures exchanges, including OneChicago, the single stock futures exchange, and the Chicago Board of Trade. He is also Editor, Opalesque Futures Intelligence and Editor, Opalesque Futures Strategies. - Contact: Mmelin(at)
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