Boeing Launches GeoEye-1 Earth-Imaging Satellite

Boeing [NYSE: BA], through its commercial launch business, successfully launched the GeoEye-1 satellite today aboard a Delta II rocket procured from United Launch Alliance (ULA).

Liftoff occurred at 11:50 a.m. Pacific time from launch pad SLC-2W at Vandenberg Air Force Base, Calif. The ULA Delta II rocket deployed the spacecraft approximately 58 minutes after liftoff.

GeoEye-1 will have the highest resolution of any commercial imaging system, capable of collecting images with a ground resolution of 16 inches (.41 meters) in panchromatic (black-and-white) mode. Virginia-based GeoEye [NASDAQ: GEOY] is the premier provider of geospatial information for the national security community, strategic partners, resellers and commercial customers.

"This launch signifies Boeing’s continued commitment to provide our commercial customers with the Delta II vehicle, which has a 98.5 percent launch success rate" said Ken Heinly, director of Boeing’s Launch Products & Services and Boeing Launch Services president.