WESTMINSTER, Colo.-DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth imagery and information about our changing planet, today announced that it has delivered high-accuracy, high-resolution imagery from its WorldView-4 satellite to PSMA Australia to further build out Geoscape®, a digital representation of the Australian continent’s built environment.
PSMA Australia offers national geospatial datasets derived from authoritative sources to support a range of public and private business solutions and is among the first commercial customers to leverage WorldView-4 imagery. PSMA Australia is using DigitalGlobe’s unrivaled satellite imagery to create valuable location and built environment information for an estimated 20 million buildings across Australia, including features such as building footprints and heights, rooftop materials, solar panels, and swimming pools.
“Having access to precise information about the built environment is critical for a number of industries in Australia including insurance, urban planning, emergency management and business intelligence,” said Dan Paull, PSMA Australia’s Chief Executive Officer. “WorldView-4 delivers increased capacity for very high quality satellite imagery collection over Australia, supporting a more complete annual refresh of Geoscape data, particularly land cover, elevation, and tree and building heights, to meet the needs of our customers.”
WorldView-4 satellite imagery will be available to all commercial customers beginning on August 31. WorldView-4 joined WorldView-3 as the world’s highest-resolution commercial imaging satellites and began serving its first direct access customer in February. The satellite doubles DigitalGlobe’s capacity to collect 30 cm commercial satellite imagery.
“By adding WorldView-4’s high-accuracy, 30 cm imagery to our 100-petabyte, time-lapse image library, DigitalGlobe is making more imagery available to cover the areas that matter to customers,” said Amy Minnick, DigitalGlobe SVP and General Manager of Commercial Imagery. “Our high-quality imagery is a powerful enabler for numerous global transformations, such as the development of 5G networks and autonomous vehicles, unlocking insights and delivering actionable intelligence that allow customers to make decisions with confidence.”
Leading up to the commercial launch of WorldView-4 products, numerous partners, customers and ecosystem vendors tested the imagery in their workflows. PCI Geomatics was among the prominent software vendors to receive early imagery samples.
“PCI Geomatics has worked with early samples of WorldView-4 imagery provided by DigitalGlobe. Not only was the quality of WorldView-4 imagery excellent, as we have come to expect from DigitalGlobe, but we also found that the integration with our desktop and large volume image processing systems was seamless,” said David Piekny, Product Marketing Manager at PCI Geomatics. “This is great news for our customers who will soon be using WorldView-4 imagery to continue to produce high-quality products and perform advanced analysis for their end users.”
To learn more about the commercial availability of DigitalGlobe’s WorldView-4 imagery, please register for the webinar that will take place today at 8 a.m. PT/11 a.m. ET.
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 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 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.