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DigitalGlobe Secures Contract With the United States Air ForceLONGMONT, CO, Dec 05, 2012 (MARKETWIRE via COMTEX) -- DigitalGlobe (NYSE: DGI), a leading global provider of high-resolution earth imagery solutions, today announced it will provide upgrades to multiple U.S. Air Force Eagle Vision mobile ground stations. This new capability will enable the delivery of the highest-quality imagery directly to warfighters and first responders in the fastest way possible. Upon completion, the ground stations will be capable of tasking DigitalGlobe's WorldView constellation of earth imaging satellites and rapidly downloading imagery from the satellites at maximum resolution, including DigitalGlobe's exclusive 8-band multi-spectral imagery. In most cases, this capability will make it possible to task, download and deliver new, up-to-date imagery to end-users within minutes of collection. Eagle Vision is a family of deployable commercial remote sensing satellite downlink and imagery processing stations. The Eagle Vision stations located across the world collect imagery from commercial satellites that are used for intelligence preparation of the battle space; mission planning and rehearsal; predictive battle space awareness; battle damage assessment; natural disasters and catastrophic events. The system ensures that U.S. forces and first responders have current, relevant, high-resolution imagery of areas of interest that can be exploited and delivered quickly. Eagle Vision stations have provided planning and mission support to combat operations since 1994, including Operations Allied Force, Enduring Freedom and Iraqi Freedom. In addition, the program has also aided natural disaster relief and humanitarian efforts, including responses to the California wildfires, Hurricane Katrina and the 2010 earthquake in Haiti. "The DigitalGlobe solution uniquely provides the U.S. Air Force the ability to task and downlink best-in-class commercial panchromatic and 8-band multi-spectral imagery," said James "Snake" Clark (SES) of the United States Air Force, Eagle Vision program. "Under this new contract, DigitalGlobe's imagery hardware combined with our mobile stations will help support many of our unique missions enabling us to get high-resolution imagery to the people who need it on the ground. It will also enable Eagle Vision systems to be compatible with the National Geospatial-Intelligence Agency's (NGA) commercial high-resolution program." "We are very committed to getting geospatial intelligence into the hands of those who need it, and this agreement brings our imagery even closer to the warfighters and first responders on the ground," said Jeff Kerridge, senior vice president and general manager of DigitalGlobe's Defense & Intelligence business. "Working with the U.S. Air Force shows how versatile and helpful our unclassified imagery and superior delivery capability can be for a diversified set of U.S. government customers." The U.S. Air Force is working with the NGA to leverage NGA's EnhancedView Service Level Agreement (SLA) for obtaining the imagery. DigitalGlobe will deploy the upgrades with partners MDA and Orbit Logic starting in early 2013, with the first terminal expected to be operational by the middle of the year. The agreement was previously mentioned by the company on its 3rd quarter earnings conference call with investors on Oct. 31, 2012. About DigitalGlobe DigitalGlobe is a leading global provider of commercial high-resolution earth imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and navigation technology. With our collection sources and comprehensive ImageLibrary (containing more than 2.5 billion square kilometers of earth imagery and imagery products) we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications. For more information, visit www.digitalglobe.com. DigitalGlobe is a registered trademark of DigitalGlobe. Safe Harbor Statement Our reports, filings, presentations and public announcements may contain or incorporate 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 our 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" or "continue" or the negative of these terms or other similar words, although not all forward-looking statements contain these words. Any forward-looking statements are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions. A number of important factors could cause our actual results or performance to differ materially from those indicated by such forward looking statements, including: the loss, reduction or change in terms of any of our primary contracts; the loss or impairment of our satellites; delays in the construction and launch of WorldView-3; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground system 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; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. foreign law or regulation that may limit our ability to distribute our imagery products and services; the costs associated with being a public company; and other important factors, all as described more fully in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward looking statements. Media Contact Katie Nafius Edelman for DigitalGlobe Phone: (512) 634-3659 Email: [email protected] Robert Keosheyan Director of Corporate Communication Phone: (303) 684-4742 Email: [email protected] Investor Relations Contact David Banks Vice President of Investor Relations Phone: (303) 684-4210 Email: [email protected] SOURCE: DigitalGlobe mailto:[email protected] mailto:[email protected] mailto:[email protected] |