DigitalGlobe Supports Updated Commercial Remote Sensing Legislation

LONGMONT, Colo. — (BUSINESS WIRE) — May 13, 2015DigitalGlobe, Inc. (NYSE: DGI), a leading global provider of high-resolution earth imagery and geospatial solutions, today announced its support for the Commercial Remote Sensing Act of 2015, introduced in the U.S. House of Representatives on May 12 by Reps. Jim Bridenstine (R-OK) and Ed Perlmutter (D-CO).

The Commercial Remote Sensing Act of 2015 is an important step toward necessary regulatory reform that will encourage growth in the U.S. commercial remote sensing industry, ensuring that the United States remains the world leader in this sector. The bill will provide for the collection of metrics around the U.S. Department of Commerce’s regulatory workload and inform Congress about the Department’s ability to meet statutory deadlines for adjudicating license applications. Further, the bill mandates a report on statutory updates necessary to protect national security, protect the U.S. industrial base, and reflect the current state of the art in remote sensing systems, instruments, and technologies. This report would be authored by the U.S. Secretary of Commerce in consultation with other federal agencies and the National Oceanic and Atmospheric Administration’s Advisory Committee on Commercial Remote Sensing (ACCRES), of which DigitalGlobe is a member.

“The U.S. commercial remote sensing and earth observation sectors have experienced tremendous growth in recent years, as these technologies have been widely adopted by a broad array of consumer, enterprise, and government applications – contributing to quality of life, public good, and national security,” said Dr. Walter Scott, DigitalGlobe Executive Vice President and General Manager, USG. “Updates to U.S. commercial remote sensing regulations and oversight are necessary to keep pace with the accelerating technological innovation that is spurring growth in our domestic industry. DigitalGlobe fully supports the passage of the Commercial Remote Sensing Act of 2015 and applauds Representatives Bridenstine and Perlmutter for their leadership on this important issue.”

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.

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Any forward-looking statements 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 by us that the future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions. A number of important factors could cause our actual results or performance to differ materially from those indicated by such forward-looking statements, including: the loss, reduction or change in terms 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; changes in government and customer priorities and requirements (including cost-cutting initiatives, the potential deferral of awards, terminations or reduction of expenditures to respond to the priorities of Congress and the administration, or budgetary cuts resulting from Congressional committee recommendations or automatic sequestration under the Budget Control Act of 2011); the risk that U.S. government sanctions against specified companies and individuals in Russia may limit our ability to conduct business with potential or existing customers; the outcome of pending or threatened litigation; the loss or impairment of 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; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our imagery archives; interruption or failure of our ground system and other infrastructure; decrease in demand for our imagery products and services; increased competition, including possibly from companies with substantial financial and other resources and services, that may reduce our market share or cause us to lower our prices; our inability to fully integrate acquisitions or to achieve planned synergies; changes in satellite imaging technology; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. or foreign law or regulation that may limit our ability to distribute our imagery products and services; the costs associated with being a public company; and other important factors, all as described more fully in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2014.

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