LONGMONT, Colo. — (BUSINESS WIRE) — February 26, 2015 — DigitalGlobe (NYSE: DGI), a leading global provider of high-resolution satellite imagery and geospatial solutions, today announced the signing of a Memorandum of Understanding (MOU) with the United Nations.
Under the MOU, DigitalGlobe and the United Nations Office for Outer Space Affairs (UNOOSA) will take stock of their combined expertise in the use of earth observation technologies for economic, social, and scientific development and improved decision-making, particularly in developing countries.
“Cooperation and collaboration in the area of geospatial information and analytics will improve how the United Nations, including its Member States and its System of organizations, can address global economic, environmental, geopolitical, and societal issues,” said Simonetta Di Pippo, Director of UNOOSA.
“DigitalGlobe is thrilled to partner with UNOOSA, the United Nations body that promotes international cooperation in the peaceful uses of outer space,” said Jeffrey R. Tarr, DigitalGlobe President and Chief Executive Officer. “The arrangement provides an ideal platform to explore how high resolution satellite imagery and geospatial analytics can be more efficiently and effectively shared across the entire United Nations System, thus propelling us toward our purpose of Seeing a better world™.”
UNOOSA and DigitalGlobe will work to develop an online platform to provide easy access to imagery catalogues as well as data and analytical services specifically tailored for the needs of the United Nations. Under the agreement, DigitalGlobe will provide advisory services on remote sensing imagery and geospatial analytics, working with UNOOSA to advance and accelerate adoption of geospatial and satellite imagery-based analytics across the entire United Nations System. The cooperation will also extend to DigitalGlobe’s participation in relevant UNOOSA-supported events and activities, including those of the United Nations Platform for Space-based Information for Disaster Management and Emergency Response (UN-SPIDER) and of the United Nations Geographic Information Working Group (UNGIWG).
To learn more about DigitalGlobe’s Seeing a Better World™ Program, visit www.seeingabetterworld.com/.
To learn more about the United Nations Office for Outer Space Affairs, visit www.unoosa.org.
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.
DigitalGlobe is a registered trademark of DigitalGlobe.
Special note regarding forward-looking statements
Certain statements contained herein and in other of our reports, filings, and public announcements may contain or incorporate 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 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,” “continue” or “looks forward to” or the negative of these terms or other similar words, although not all forward-looking statements contain these words.
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 risk that the anticipated benefits and synergies from the strategic combination of the company and GeoEye, Inc. cannot be fully realized or may take longer to realize than expected; 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.
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. Readers are cautioned not to place undue reliance on any of these forward looking statements.
Contact:
Edelman for DigitalGlobe
Abby Van Uum, 512-634-3642
Email Contact
or
DigitalGlobe
Nancy
Coleman, 303-684-1674
Senior Director of Communications
Email Contact
or
Investor
Relations Contact:
David Banks, 303-684-4210
Vice President of
Investor Relations
Email Contact
or
United
Nations Office for Outer Space Affairs (UNOOSA)
Sinead Harvey,
(+43-1) 26060-8718
Email Contact