Ball Aerospace-built WorldView-2 Satellite Successfully Launched
October 08 2009 - 4:50PM
PR Newswire (US)
BOULDER, Colo., Oct. 8 /PRNewswire-FirstCall/ -- The Ball Aerospace
& Technologies Corp. WorldView-2 remote-sensing satellite
designed and built for DigitalGlobe successfully launched today
from Vandenberg Air Force Base, Calif., at 11:51 a.m. PDT, on board
a Boeing Delta II rocket. WorldView-2 joins its sister satellites
built by Ball Aerospace: WorldView-1 launched in 2007, and
QuickBird launched in 2001. The satellite trio is expected to bring
unsurpassed agility, capacity, accuracy and spectral diversity to
commercial earth imaging. "The successful launch of WorldView-2
marks a new milestone for the collection of imagery by these highly
sophisticated satellites," said President and CEO of Ball
Aerospace," David L. Taylor. WorldView-2 and WorldView-1 are the
only commercial satellites integrated with control moment
gyroscopes (CMGs). These high-performance CMGs provide acceleration
up to 10X that of other attitude control actuators and their
agility improve both maneuvering and targeting capability. The CMGs
afford both satellites the flexibility to capture more imagery than
previously possible. The Ball Aerospace, Ball Commercial Platform
5000 spacecraft, utilized for both the WorldView-1 and Worldview-2,
is designed to handle both next-generation optical and synthetic
aperture radar remote sensing payloads. The high-performance BCP
5000 has a design life of more than seven years, and provides a
platform with increased power, agility, flexibility, transmission
capability and data storage. In addition to manufacture of the
satellite bus, Ball Aerospace integrated the WorldView-2 remote
sensing instrument provided by ITT and performed all system
testing. DigitalGlobe is a leading provider of commercial
high-resolution, world imagery products and services. The launch of
WorldView-2 will vastly improve DigitalGlobe's ability to collect
and maintain up-to-date imagery in the areas of greatest interest
to its clients. 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. Ball Corporation (NYSE:BLL) is a supplier
of high-quality metal and plastic packaging for beverage, food and
household products customers, and of aerospace and other
technologies and services, primarily for the U.S. government. Ball
Corporation and its subsidiaries employ more than 14,500 people
worldwide and reported 2008 sales of approximately $7.6 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
product demand and preferences; availability and cost of raw
materials; competitive packaging availability, pricing and
substitution; changes in climate and weather; crop yields;
competitive activity; failure to achieve anticipated productivity
improvements or production cost reductions, including our beverage
can end project; 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; changes in senior
management; the current global credit squeeze and its effects on
liquidity, credit risk, asset values and the economy; successful or
unsuccessful acquisitions, joint ventures or divestitures;
integration of recently acquired businesses; regulatory action or
laws including tax, environmental, health and workplace safety,
including in respect of chemicals or substances used in raw
materials or in the manufacturing process; 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. 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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