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DGI Digitalglobe, (delisted)

34.40
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Last Updated: 01:00:00
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Share Name Share Symbol Market Type
Digitalglobe, (delisted) NYSE:DGI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.40 0 01:00:00

DigitalGlobe Receives Contract from PSMA Australia for Continent-Scale Mapping Initiative

10/08/2016 1:00pm

Business Wire


Digitalglobe, (delisted) (NYSE:DGI)
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DigitalGlobe, Inc. (NYSE: DGI), the global leader in earth imagery and information about our changing planet, today announced it has received a follow-on contract to deploy its Geospatial Big Data platform (GBDX) to map the man-made environment and provide easy access to the physical attributes of more than 15 million structures across the continent of Australia for a new product called Geoscape, offered by PSMA Australia.

DigitalGlobe delivered the first phase of the project in April. For the continent-scale initiative, GBDX will be used to create a massive amount of geospatial content and location information derived from more than 7.6 million square kilometers of high-resolution satellite imagery, proprietary DigitalGlobe and ecosystem partner technologies, and crowdsourced data. Geoscape will host valuable location and structural information on buildings across Australia, including features such as building footprints and heights, rooftop materials, solar panels, and swimming pools.

PSMA Australia offers national geospatial datasets derived from authoritative sources to support a range of public and private business solutions. Geoscape will provide a comprehensive view into the location, distribution, and characteristics of structures around the entire continent with unprecedented fidelity. These insights can be applied broadly for applications such as insurance risk modelling, urban planning and services delivery, emergency planning and management, business intelligence, research, and policy development.

“DigitalGlobe developed GBDX and the partner ecosystem to enable the world to be analyzed at scale and critical decisions to be made with confidence,” said Shay Har-Noy, DigitalGlobe’s Platform General Manager. “Geoscape is a massive endeavor for which we’re bringing together our GBDX ecosystem, amazing imagery, and deep learning technology to convert terabytes of imagery into precise information about the built environment for the entire Australian continent.”

“Information about the built environment is the missing link in Australia’s otherwise excellent location data framework,” said Dan Paull, PSMA’s Chief Executive Officer. “Working with DigitalGlobe, we have been able to combine innovative technologies and techniques to create Geoscape and develop an award-winning solution to the challenges presented by Australia’s massive size.”

For more information, visit: https://www.psma.com.au/geoscape.

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.

About PSMA Australia

PSMA Australia’s goal is to facilitate broad and sustainable access to high-quality location data by offering foundation national spatial information derived from the authoritative data sources of Australia’s federal, state and territory governments. PSMA was formed by the governments of Australia in 1993 to collate, transform and deliver their location data as national datasets. An unlisted company limited by shares, PSMA is owned by all the governments of Australia. PSMA provides an independent and self-funded means for Australian governments to collaborate on national geospatial matters to provide fundamental infrastructure for a digital world.

Media ContactEdelman for DigitalGlobeAshley Chauvin, 212-277-3818DigitalGlobe@edelman.comorInvestor Relations ContactFred Graffam, 303-684-1692ir@digitalglobe.com

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