DigitalGlobe Announces Extension of NextView Service Level Agreement for National Geospatial Intelligence Agency (NGA)

LONGMONT, Colo. — (BUSINESS WIRE) — June 29, 2009 DigitalGlobe (NYSE: DGI), a leading global content provider of high-resolution world imagery solutions, today announced that it has signed a contract to extend DigitalGlobe’s Service Level Agreement (SLA) with NGA for $12.5 million per month. The SLA extension provides NGA with continued access to the WorldView-1 satellite. NGA has agreed to extend the SLA through March 31, 2010 for a total of $100 million during the extension period, with an option for NGA to extend the contract for an additional nine months on the same terms, from April 1, 2010 to December 31, 2010.

“This new contract extension is an important milestone in our continuing support of NGA and the U.S. Government. I am very pleased with the DigitalGlobe team’s performance in providing service to NGA,” said Jill Smith, DigitalGlobe’s chairman, chief executive officer and president.

About DigitalGlobe

Longmont, Colorado-based DigitalGlobe ( http://www.digitalglobe.com) is a leading global provider of commercial high-resolution world 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 as well as internet portals and navigation technology.

Our two high-resolution imagery satellites offer among the highest collection rates and resolution, and are capable of collecting nearly 1 million square kilometers of imagery per day. The planned launch of WorldView-2, our third satellite, in September or early October 2009, is expected to increase our total collection capabilities of imagery to nearly 2 million square kilometers per day, and enable intra-day visits to those places of greatest interest to our customers.

With our collection sources, comprehensive ImageLibrary (containing 660 million 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.

DigitalGlobe is a registered trademark of DigitalGlobe.

Forward-Looking Statements

This release may contain forward-looking statements. Forward-looking statements relate to future events or our 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” or “continue” or the negative of these terms or other similar words, although not all forward-looking statements contain these words. These statements are only predictions.

Any forward-looking statements contained in this release 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 that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from those indicated in these statements.

These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in documents filed by us with the Securities and Exchange Commission. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. 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.



Contact:

Investor Relations Contact:
Market Street Partners
Linda Rothemund, 303-684-4210
Email Contact
or
Media Relations Contact:
Racepoint Group
Ginger Lennon, 781-487-4640
Email Contact

Featured Video
Editorial
Jobs
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
GIS Analyst for San Bernardino County Transportation Authority at San Bernardino, California
GEOGRAPHIC INFORMATION SYSTEM (GIS) COORDINATOR for Lassen County at Susanville, California
Upcoming Events
IMTS 2024 – The International Manufacturing Technology Show at McCormick Place 2301 S Lake Shore Dr Chicago IL - Sep 9 - 14, 2024
FABTECH Orlando 2024 at Orange County Convention Center Orlando FL - Oct 15 - 17, 2024
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise