DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth
imagery and information about our changing planet, today announced
it has selected Space Systems Loral (SSL) to build the spacecraft
for its next-generation WorldView Legion constellation, which will
deliver industry-leading resolution and accuracy, enable
high-revisit applications, and assure service continuity for the
company’s customers through 2030.
SSL has entered into a firm-fixed price contract with
DigitalGlobe to build the WorldView Legion satellites—the first of
which is planned to launch in 2020—to replace the WorldView-1,
WorldView-2, and GeoEye-1 satellites. The WorldView Legion
constellation will double DigitalGlobe’s capacity to collect 30 cm
and multi-spectral imagery starting in 2020. Once combined with
DigitalGlobe’s existing WorldView satellites and the forthcoming
Scout small satellite constellation, DigitalGlobe will image the
most rapidly changing areas on Earth as frequently as every 20 to
30 minutes, from sunup to sundown. These capabilities will provide
even greater insights into global events of significance, giving
customers the ability to make critical decisions with confidence
when time is of the essence.
“WorldView Legion represents DigitalGlobe’s commitment to meet
the demanding and evolving needs of our diverse customer base for
many years to come, building upon our excellent track record of
performance, best-in-class satellites and ground infrastructure,
and deep understanding of government mission needs and commercial
applications,” said Dr. Walter Scott, DigitalGlobe Founder, EVP
& CTO. “We have great confidence in the quality, value, and
reliability of the SSL spacecraft.”
“The award of this contract with DigitalGlobe demonstrates our
emerging leadership in building satellite constellations and Earth
observing spacecraft,” said Richard White, President of SSL
Government Systems. “DigitalGlobe is known as a global leader in
advanced geospatial solutions, and we are pleased that they have
placed their trust in our proven performance and state-of-the-art
design for a fleet that will provide exceptional agility and
persistence.”
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.
About SSL
Space Systems Loral (SSL), based in Palo Alto, California, is a
leading provider of advanced spacecraft systems, with broad
expertise to support commercial and government satellite operators
and innovative space missions. SSL designs and manufactures
spacecraft for services such as direct-to-home television, video
content distribution, broadband internet, mobile communications,
in-orbit servicing, space exploration, and Earth observation. As a
Silicon Valley innovator for 60 years, SSL's advanced product line
also includes state-of-the-art small satellites, and sophisticated
robotics and autonomous solutions for remote operations. SSL is a
subsidiary of SSL MDA Holdings, Inc., a U.S. operating company
based in San Francisco, California. For more information, visit
www.sslmda.com.
Special note about forward-looking statements
Certain statements contained herein, including statements about
our 2017 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 our
future financial performance. We generally identify forward-looking
statements by terminology such as “ can,” “may,” “will,” “should,”
“expects,” “plans,” “anticipates,” “would,” “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 risks or 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
risks and uncertainties related to the proposed transaction with
MacDonald, Dettwiler and Associates Ltd. (“MDA”) include the
possibility that the parties may be unable to obtain required
stockholder approvals or regulatory approvals or that other
conditions to closing the transaction may not be satisfied, such
that the transaction will not close or that the closing may be
delayed; the potential adverse effect on partner and customer
relationships, operating results and business generally resulting
from the proposed transaction; the proposed transaction will
require significant time, attention and resources, potentially
diverting attention from the conduct of DigitalGlobe’s business;
the anticipated benefits of the proposed transaction may not be
realized; the anticipated and unanticipated costs, fees, expenses
and liabilities related to the transaction; the outcome of any
legal proceedings related to the transaction; and the occurrence of
any event, change or other circumstances that could give rise to
the termination of the transaction agreement. Additional
information concerning these and other risk factors can be found in
our filings with the U.S. Securities and Exchange Commission,
including Item 1A of our Annual Report on Form 10-K for the year
ended December 31, 2016.
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. References in this filing to
“DigitalGlobe,” “Company,” “we,” “us,” and “our” refer to
DigitalGlobe, Inc. and its consolidated subsidiaries.
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Media ContactEdelman for DigitalGlobeMatt Flannery(212)
729-2153DigitalGlobe@edelman.comorInvestor Relations
ContactDigitalGlobe, Inc.Fred GraffamSenior Vice President,
Investor Relations and Corporate Development(303)
684-1692ir@digitalglobe.com
Grafico Azioni Digitalglobe, (delisted) (NYSE:DGI)
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Grafico Azioni Digitalglobe, (delisted) (NYSE:DGI)
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Da Gen 2024 a Gen 2025
