The combined efforts of The Ball Aerospace, a unit of
), DigitalGlobe, Inc. (
), Exelis Inc. (
) and Lockheed Martin Corp. (
) Commercial Launch Services team, has led to the successful launch
of WorldView-3, the first multi-payload, super-spectral,
high-resolution commercial satellite. The satellite launched on a
Lockheed Martin Atlas V rocket from Vandenberg Air Force Base in
California on Aug 13, as announced earlier.
Shares of Ball Corporation gained around 1.7% and closed at $63.85
on Aug 18 since the announcement.
Ball Aerospace in association with DigitalGlobe, a leading provider
of high-resolution earth imagery solutions, has delivered
WorldView-2, WorldView-1 and QuickBird in the past. WorldView-3 is
the fourth satellite built by Ball Aerospace in the DigitalGlobe
Ball Corporation has begun the integration phase for Worldview-3 in
Apr 2013. Further, WorldView-3 carries CAVIS (Clouds, Aerosol,
water Vapor, Ice and Snow), an atmospheric instrument built by Ball
Aerospace, which will provide correct data to the satellite even if
there is mist, aerosols or other atmospheric obscurants. Ball
Corporation was also responsible for development, integration and
testing of the satellite.
DigitalGlobe will have the largest high resolution satellite
imagery collection capacity in the industry with Worldview-3.
DigitalGlobe constellation enhanced WorldView-3's ability to
collect images which will permit customers to search for new
sources of minerals and fuels in order to manage forests and farms.
Moreover, the technology will precisely identify different manmade
and natural materials.
The U.S. government has brought certain restrictions for non-U.S.
government customers regarding infrared imagery, which are limited
to 50 centimeters panchromatic, 2.0 meter multispectral or, 7.5
meter (Short Wave Infrared) SWIR. WorldView-3 in line with the
limitations, will offer 31 centimeter resolution panchromatic, 1.24
meter resolution eight-band multispectral and 3.72 meter resolution
eight-band SWIR imagery.
Further, DigitalGlobe recently received permission from the U.S.
Department of Commerce to sell even higher resolution satellite
imagery. Once operational, WorldView-3 will provide the commercial
market images with significantly greater clarity and spectral depth
than anything previously available.
Additionally, Exelis built the integrated, super-spectral payload
consisting of a telescope, sensor and shortwave infrared system,
making WorldView-3 the first commercial satellite to carry such
capabilities. In addition, United Launch Alliance Atlas V launch
vehicle provided by Lockheed Martin Commercial Launch Services
(LMCLS) delivered the satellite in orbit.
Ball Corporation's Aerospace & Technologies segment develops
spacecraft, sensors and instruments, radio frequency systems and
other advanced technologies for the civil, commercial and national
security aerospace markets.
The Aerospace and Technologies segment sales grew 6.6% year over
year to $241 million in the second quarter of 2014 driven by
successful program execution and solid contracted backlog.
Broomfield, CO-based Ball Corp. is the largest manufacturer of
beverage cans in North America. It also supplies aerospace as well
as other technologies and services to the government and customers.
Ball Corporation carries a Zacks Rank #2 (Buy).
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