Ball Aerospace Prepares to Ship WorldView I
July 30 2007 - 12:30PM
PR Newswire (US)
BOULDER, Colo., July 30 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp. has successfully completed assembly and
performance testing of WorldView I, the remote sensing satellite
built for DigitalGlobe(R). Ball Aerospace, DigitalGlobe and the
National Geospatial Intelligence Agency (NGA) have completed their
comprehensive pre-shipment review and the satellite is being
readied for delivery to California's Vandenberg Air Force Base for
a mid-September launch. (Photo:
http://www.newscom.com/cgi-bin/prnh/20070730/LAM102) Ball Aerospace
built the satellite bus and the WorldView 60 camera for WorldView
I, the next-generation commercial remote sensing satellite. The
satellite will provide unprecedented high resolution imaging
capability for DigitalGlobe's customers, including the NGA and
other customers around the world. Once launched, WorldView I will
be the world's only half-meter commercial imaging satellite and
will provide still higher resolution capability than the QuickBird
satellite, currently the world's highest resolution commercial
Earth imaging satellite in operation. "Ball Aerospace has worked
hand-in-hand with DigitalGlobe since the mid 1990's to supply the
QuickBird, WorldView I, and soon WorldView II satellites," said
David L. Taylor, president and CEO of Ball Aerospace. "The
constellation of commercial spacecraft created by this partnership
significantly meets the increased demand for remote sensing
imagery." The Control Moment Gyroscopes mounted on the WorldView I
spacecraft will afford the flexibility to capture more imagery than
ever before. This high spatial resolution, panchromatic imagery is
used for civil government mapping, land-use planning, disaster
relief, exploration, defense and intelligence, and visualization
and simulation environments. For WorldView II, Ball Aerospace is
building a Ball Commercial Platform 5000 spacecraft bus, and will
integrate the remote sensing instrument. WorldView 2 will be ready
for launch in late 2008. Ball Aerospace & Technologies Corp.
supports critical missions of important national agencies such as
the Department of Defense, NASA, NOAA and other U.S. government and
commercial entities. The company develops and manufactures
spacecraft, advanced instruments and sensors, components, data
exploitation systems and RF solutions for strategic, tactical and
scientific applications. Over the past 50 years, Ball Aerospace has
been responsible for numerous technological and scientific 'firsts'
and acts as a technology innovator for the aerospace market. Ball
Corporation (NYSE:BLL) is a supplier of high-quality metal and
plastic packaging products for beverage, food and household
customers, and of aerospace and other technologies and services,
primarily for the U.S. government. Ball Corporation and its
subsidiaries employ more than 15,500 people worldwide and reported
2006 sales of $6.6 billion. Forward-Looking Statements This release
contains "forward-looking" statements concerning future events and
financial performance. Words such as "expects," "anticipates,"
"estimates" and similar expressions are intended to identify
forward-looking statements. Such statements are subject to risks
and uncertainties which could cause actual results to differ
materially from those expressed or implied. The company undertakes
no obligation to publicly update or revise any forward- looking
statements, whether as a result of new information, future events
or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2
in our Form 10-K, which are available at our Web site and at
http://www.sec.gov/. Factors that might affect our packaging
segments include fluctuation in consumer and customer demand and
preferences; availability and cost of raw materials, including
recent significant increases in resin, steel, aluminum and energy
costs, and the ability to pass such increases on to customers;
competitive packaging availability, pricing and substitution;
changes in climate and weather; crop yields; industry productive
capacity and competitive activity; failure to achieve anticipated
productivity improvements or production cost reductions, including
those associated with our beverage can end project; the German
mandatory deposit or other restrictive packaging laws; changes in
major customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries. Factors that might affect our
aerospace segment include: funding, authorization, availability and
returns of government and commercial contracts; and delays,
extensions and technical uncertainties affecting segment contracts.
Factors that might affect the company as a whole include those
listed plus: accounting changes; successful or unsuccessful
acquisitions, joint ventures or divestitures; integration of
recently acquired businesses; regulatory action or laws including
tax, environmental and workplace safety; governmental
investigations; technological developments and innovations;
goodwill impairment; antitrust, patent and other litigation;
strikes; labor cost changes; rates of return projected and earned
on assets of the company's defined benefit retirement plans;
pension changes; reduced cash flow; interest rates affecting our
debt; and changes to unaudited results due to statutory audits or
other effects. http://www.newscom.com/cgi-bin/prnh/20070730/LAM102
http://photoarchive.ap.org/ DATASOURCE: Ball Aerospace &
Technologies Corp. CONTACT: Roz Brown of Ball Aerospace &
Technologies Corp., +1-303-533-6059, Web site:
http://www.ballaerospace.com/
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