DigitalGlobe Announces the Successful Launch of WorldView-4
November 11 2016 - 3:01PM
Business Wire
DigitalGlobe, Inc. (NYSE: DGI), the global leader in earth
imagery and information about our changing planet, today announced
the successful launch of WorldView-4, the company’s newest
high-accuracy, high-resolution commercial imaging satellite.
DigitalGlobe acquired signals from the satellite indicating its
proper position and health 45 minutes after its launch aboard an
Atlas V rocket from Vandenberg Air Force Base, California.
The Lockheed Martin-built WorldView-4 satellite will more than
double DigitalGlobe’s capacity to collect the world’s
highest-resolution 30 centimeter commercial satellite imagery and
will accelerate the growth of DigitalGlobe’s 80-petabyte, 16-year
time-lapse image library. The fifth active satellite in
DigitalGlobe’s industry-leading constellation, WorldView-4 will
enhance global transparency and security, power location-enabled
applications and services, support the response to global
humanitarian crises, and much more.
"WorldView-4 dramatically extends DigitalGlobe's position as the
industry leader in earth imagery, and insight into our changing
planet," said Jeffrey R. Tarr, Chief Executive Officer of
DigitalGlobe. "The importance of today's success to our customers
and shareowners is evidenced by the unprecedented pre-launch demand
for this new capacity. This expansion of the DigitalGlobe
constellation will accelerate our efforts to build out the digital
globe and enable our customers to derive new insights and make
critical decisions with confidence.”
“Lockheed Martin is proud of today’s successful launch and our
longstanding partnership with DigitalGlobe,” said Rick Ambrose,
Executive Vice President of Lockheed Martin Space Systems Company.
“From the world’s first high-resolution commercial imaging
satellite, IKONOS, to the state-of-the-art WorldView-4, Lockheed
Martin and DigitalGlobe have an unparalleled legacy of innovation
in remote sensing.”
The WorldView-4 satellite was built by Lockheed Martin, and its
imaging payload was developed by Harris Corp. The United Launch
Alliance Atlas V launch that delivered the satellite to orbit was
provided by Lockheed Martin Commercial Launch Services.
To learn more about WorldView-4, please visit
WorldView4.DigitalGlobe.com
About DigitalGlobe
DigitalGlobe is a leading provider of commercial high-resolution
earth observation and advanced geospatial solutions that help
decision makers better understand our changing planet in order to
save lives, resources and time. Sourced from the world's leading
constellation, our imagery solutions deliver unmatched coverage and
capacity to meet our customers' most demanding mission
requirements. Each day customers in defense and intelligence,
public safety, civil agencies, map making and analysis,
environmental monitoring, oil and gas exploration, infrastructure
management, navigation technology, and providers of location-based
services depend on DigitalGlobe data, information, technology and
expertise to gain actionable insight.
Special note about forward-looking statements
Certain statements contained herein, including statements about
our 2016 outlook, contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, as
amended. Forward-looking statements relate to future events or
future financial performance. We generally identify forward-looking
statements by terminology such as “may,” “will,” “should,”
“expects,” “plans,” “anticipates,” “could,” “intends,” “target,”
“projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“potential,” “continue” or “looks forward to” or the negative of
these terms or other similar words, although not all
forward-looking statements contain these words.
Forward-looking statements are based upon our current
expectations and assumptions of future events and are subject to
risks and uncertainties that could cause our actual results or
performance to differ materially from those indicated by such
forward looking statements. Some of the risk and uncertainties that
could cause actual results to differ include, but are not limited
to: the loss or reduction in scope of any of our primary contracts,
or decisions by customers not to exercise renewal options; the
availability of government funding for our products and services
both domestically and internationally; our ability to meet our
obligations under the EnhancedView contract; our reliance on a
limited number of vendors to provide certain key products or
services to us; breach of our system security measures or loss of
our secure facility clearance and accreditation; the loss or damage
to any of our satellites; delays in the construction and launch of
any of our satellites or our ability to achieve and maintain full
operational capacity of all our satellites; loss or damage to the
content contained in our ImageLibrary; interruption or failure of
our ground systems and other infrastructure; decrease in demand for
our imagery products and services; increased competition that may
reduce our market share or cause us to lower our prices; changes in
political or economic conditions, including fluctuations in the
value of foreign currencies, interest rates, energy and commodity
prices, trade laws and the effects of governmental initiatives to
manage economic conditions; our ability to recruit, hire or retain
key employees or a highly skilled and diverse workforce; failure to
obtain or maintain required regulatory approvals and licenses; and,
changes in U.S. or foreign law or regulation that may limit our
ability to distribute our imagery products and services. Additional
information concerning these and other risk factors can be found in
our filings with the Securities and Exchange Commission, including
Item 1A of our Annual Report on Form 10-K for the year ended
December 31, 2015.
We undertake no obligation to revise or update any
forward-looking statements, except as required by law. Readers are
cautioned not to place undue reliance on any of these
forward-looking statements.
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DigitalGlobeNancy Coleman, 303-684-1674Vice President,
Corporate Communicationsnancy.coleman@digitalglobe.comorInvestor
Relations ContactFred Graffam,
303-684-1692ir@digitalglobe.comorEdelman for
DigitalGlobeAshley Chauvin,
212-277-3818DigitalGlobe@edelman.com
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