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|DigitalGlobe Selects Lockheed Martin Commercial Launch Services for WorldView-3 Satellite Launch|
LONGMONT, CO, Mar 15, 2011 (MARKETWIRE via COMTEX) --
DigitalGlobe (NYSE: DGI), a leading global content provider of high-resolution earth imagery solutions, has contracted with Lockheed Martin Commercial Launch Services for the launch of WorldView-3.
Once launched, WorldView-3 will be the third WorldView-class satellite in DigitalGlobe's constellation. The satellite is scheduled for launch in 2014. It will feature the same innovative technologies that have helped DigitalGlobe amass the largest high definition satellite image library in the world, and speed up the daily process of collecting, analyzing and delivering imagery and information to customers.
"The need for up-to-date satellite imagery and the insights it provides to our government and commercial customers grows every day," said DigitalGlobe Chairman and CEO, Jill Smith. "We are significantly enhancing our commercial satellite constellation with WorldView-3, and are delighted to name Lockheed Martin and its United Launch Alliance subcontractor as our launch services partners. Their teams have consistently demonstrated the highest degree of reliability on many important space missions. We are confident that our own mission with them will be a success."
WorldView-3 will be launched on a Lockheed Martin Commercial Launch Services-provided Atlas V rocket into a sun-synchronous orbit from Vandenberg AFB, California, and will be operational approximately 90 days after launch. With WorldView-3 in orbit, the DigitalGlobe constellation will be capable of collecting more than 1 billion square kilometers per year.
WorldView-3 will be the third DigitalGlobe satellite to feature Control Moment Gyros (CMG), which makes DigitalGlobe's satellites more agile so that they can collect imagery of larger areas faster and with greater flexibility. It will also be the second satellite to feature 8-band multi-spectral technology, which allows DigitalGlobe to collect more data from images; automatically extract more information from them; and deliver deeper insight to customers. Both technologies are currently available exclusively within the DigitalGlobe constellation.
DigitalGlobe continues to expect that its total capital spending program associated with EnhancedView, including the launch of WorldView-3 and expanded ground infrastructure, will be approximately $650 million between 2010 and 2014.
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 one 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 http://www.digitalglobe.com.
DigitalGlobe is a registered trademark of DigitalGlobe. All other referenced trademarks are the property of their respective owners.
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