DigitalGlobe Announces Four-Year Direct Access Contract with the Australian Department of Defence for Real-time Access to the...
15 Agosto 2017 - 7:00AM
Business Wire
DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth
imagery and information about our changing planet, today announced
that it signed a Direct Access Program (DAP) contract with the
Australian Department of Defence. This multi-year agreement will
allow the Australian government to access DigitalGlobe’s
industry-leading commercial satellite imaging constellation to
support defense and intelligence missions. The contract is expected
to deliver $83.0 million USD in incremental revenue to DigitalGlobe
over four years, beginning in January 2018.
As a DAP partner, the Australian Department of Defence will be
able to directly task and download imagery in real-time to its
ground station from all five DigitalGlobe satellites—including
WorldView-4, launched in November 2016, and WorldView-3, launched
in August 2014, which are the world’s two highest-resolution
commercial satellites. The addition of Australia—a key ally of the
U.S. and member of the Five Eyes intelligence alliance—expands the
global footprint of DigitalGlobe’s DAP program and reflects the
Australian government’s commitment to increase the use of
commercial satellite imagery for its critical national defense and
intelligence missions.
MDA is a long-standing partner in DigitalGlobe’s Direct Access
Program and will be providing the multi-satellite ground system to
support tasking, reception and precision processing of imagery from
the satellite constellation. VIASAT will provide the ground antenna
systems that will enable direct tasking and downlink
capabilities.
“DigitalGlobe is a trusted partner to the Australian Department
of Defence,” said Dan Jablonsky, SVP and General Manager of Defense
& Intelligence at DigitalGlobe. “We currently provide timely,
high-resolution imagery to Australia via our web-based SecureWatch
service. This agreement provides enhanced, real-time access to
DigitalGlobe’s industry-leading satellite constellation to enable
decision-making with confidence. We look forward to working closely
with Australia as it further integrates high-quality commercial
satellite imaging capabilities into its military operations, border
protection and humanitarian missions.”
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 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.
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Media ContactEdelman for DigitalGlobeMatt Flannery,
212-729-2153DigitalGlobe@edelman.comorInvestor Relations
ContactDigitalGlobe, Inc.Fred Graffam, 303-684-1692Senior Vice
President, Investor Relations and Corporate
Developmentir@digitalglobe.com
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