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DigitalGlobe Announces SpaceNet Challenge Results and Plans for Follow-on Competition

Release of expanded data set to accelerate machine learning algorithm development

WESTMINSTER, Colo.--(BUSINESS WIRE)--Jan. 10, 2017-- DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth imagery and information about our changing planet, today announced the successful results of the first SpaceNet Challenge and the next phase of the initiative. SpaceNet is a forward-leaning collaboration between DigitalGlobe, CosmiQ Works, and NVIDIA, which consists of an online repository of freely available satellite imagery, co-registered map layers to train algorithms, and public challenges that accelerate innovation in machine learning.

The first SpaceNet Challenge was launched in November 2016, and 42 developers competed in an open challenge hosted by TopCoder to create algorithms that extract building footprints from satellite imagery. The participants submitted 242 solutions over a three-week period to compete for a total prize pool of $35,000 that was awarded to the top five performing contestants. The winning algorithms will be made available to the open-source community through the SpaceNet GitHub repository and users of DigitalGlobe’s Geospatial Big Data platform, GBDX.

“We are really thrilled by the developers’ level of engagement to use DigitalGlobe imagery, training data, and open-source code to create innovative algorithms,” said Tony Frazier, Senior Vice President and General Manager of Services at DigitalGlobe. “The first SpaceNet Challenge proved we can attract talented developers and data scientists from around the world to bring expertise to the GEOINT community. Fully automated mapping holds the potential to unlock tremendous value for our customers, and we look forward to continuing to support future open innovation initiatives to move the community forward.”

A newly released Points of Interest (POI) dataset for Rio de Janeiro is now freely available to the public via SpaceNet on AWS. This data is made available through the participation of the U.S. National Geospatial-Intelligence Agency, which licensed the dataset produced by DigitalGlobe. The Rio geodatabase contains 12 datasets with 35 unique layers containing more than 120,000 individual points of interest. Increasing the diversity of geospatial data available in SpaceNet will enable machine learning to be applied to a wider range of use cases and applications. More information is available on CosmiQ Works’ blog, The DownLinQ.

The next phase of the SpaceNet Challenge will be a follow-on competition utilizing DigitalGlobe’s highest-resolution 30 cm imagery from WorldView-3 and building footprints across new locations around the globe. Developers will be challenged to improve performance from the first competition using the higher-resolution imagery and more geographically diverse training data samples. Further details of this challenge will be provided in the weeks ahead.

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.

Source: DigitalGlobe, Inc.

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