LONGMONT, Colo.--(BUSINESS WIRE)--Feb. 25, 2015— DigitalGlobe, Inc. (NYSE: DGI), a leading global provider of high-resolution earth imagery and geospatial solutions, today announced the full availability of 30 cm satellite imagery products, an industry first that builds upon the company’s gold standard for image quality and resolution.
Access to the world’s highest resolution commercial satellite imagery captured by DigitalGlobe’s WorldView-3 satellite will improve decision making, enable more efficient operations, and enhance a variety of applications for customers in the civil government, defense and intelligence, energy, mining, and global development sectors.
In addition, many customers who were previously reliant on aerial imagery can now benefit from the improved economics, global availability, and faster refresh rate that DigitalGlobe can provide with its 30 cm satellite imagery. Imagery of this resolution was previously only available from aerial platforms, which are difficult, costly, or impossible to access in many parts of the world. DigitalGlobe’s 30 cm imagery products are also a rapid and affordable alternative in locations where aerial imagery is readily available. New imagery orders can be delivered on timescales of days or weeks, as opposed to months, in many cases, and customers can also leverage a rapidly growing volume of available 30 cm archive imagery.
“Today marks a significant milestone for our customers, who will now benefit from a level of image quality that has never before been available from commercial satellite providers,” said Hyune Hand, DigitalGlobe's Senior Vice President for Product Marketing and Management. “These products will further enable our customers to save lives, resources, and time, propelling us toward our purpose of Seeing a better world™.”
The suitability of 30 cm satellite imagery for aerial imaging applications is confirmed by the National Imagery Interpretability Rating Scale (NIIRS), which is used by the imaging community to define and measure the quality of images and performance of imaging systems. DigitalGlobe’s 30 cm imagery achieves a rating of NIIRS 5.7, meaning it can resolve objects on the ground such as above-ground utility lines in a residential neighborhood, manhole covers, building vents, fire hydrants, and individual seams on locomotives.
"DigitalGlobe’s WorldView-3 satellite data is the highest quality satellite photo data that PhotoSat has ever processed,” said Gerry Mitchell, President of PhotoSat, a leading satellite elevation mapping provider for energy, mining, and engineering firms. “In one test, an elevation mapping grid extracted from stereo WorldView-3 satellite photos matched a highly accurate LiDAR elevation grid to better than 15cm in elevation. This result takes satellite elevation mapping into the engineering design and construction markets and directly competes with LiDAR and high resolution air photo mapping for applications like flood plain monitoring."
DigitalGlobe’s WorldView-3 is the first and only commercial imaging satellite capable of collecting imagery with 30 cm ground sample distance -- five times the detail of the company's nearest competitor.
The satellite also features unique shortwave infrared (SWIR) capabilities that will enable new applications such as seeing through smoke and haze, identifying minerals and man-made materials, and assessing the health of crops and vegetation.
The SWIR imagery that the satellite collects has never before been available to commercial customers with this level of spatial and spectral resolution, and it will provide unique value to users in the energy and mining industries, as well as others. Today DigitalGlobe launched a beta program for 7.5 m SWIR imagery, working with partners, customers, and users to explore new uses for this capability.
“Companies should be exploiting the competitive advantages of the WorldView-3 data to look for potential ore-related alteration that will have been missed by the previous satellites used for alteration mapping,” said Dan Taranik, Managing Director of Exploration Mapping Group, a service provider to the global mineral exploration industry. “Detailed inspection of remote areas on the peripheries of alluvium or younger volcanics would be a competitive advantage that could help reveal concealed deposits.”
To see product samples and learn more about DigitalGlobe’s suite of 30 cm imagery products, please visit: https://www.digitalglobe.com/30cm/.
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.
DigitalGlobe is a registered trademark of DigitalGlobe.
Special note regarding forward-looking statements
Certain statements contained herein and in other of our reports, filings, 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 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.
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 or decisions by customers not to exercise renewal options; the availability of government funding for our products and services both domestically and internationally; changes in government and customer priorities and requirements (including cost-cutting initiatives, the potential deferral of awards, terminations or reduction of expenditures to respond to the priorities of Congress and the administration, or budgetary cuts resulting from Congressional committee recommendations or automatic sequestration under the Budget Control Act of 2011); the risk that U.S. government sanctions against specified companies and individuals in Russia may limit our ability to conduct business with potential or existing customers; the risk that the anticipated benefits and synergies from the strategic combination of the company and GeoEye, Inc. cannot be fully realized or may take longer to realize than expected; the outcome of pending or threatened litigation; the loss or impairment of 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; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our imagery archives; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition, including possibly from companies with substantial financial and other resources and services, that may reduce our market share or cause us to lower our prices; our inability to fully integrate acquisitions or to achieve planned synergies; changes in satellite imaging technology; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. or 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 for the year ended December 31, 2013, as updated by our Form 10-Q for the quarter ended March 31, 2014.
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.