BOULDER, Colo., June 19 /PRNewswire-FirstCall/ -- The Quick Scatterometer (QuikSCAT) satellite built by Ball Aerospace & Technologies Corp. completed eight years of outstanding on-orbit operations today, performing six years beyond its minimum two-year mission requirement. QuikSCAT continues to return critical wind data to forecast hurricanes and El Nino effects and pinpoint typhoons and other marine storms, as well as help scientists measure the mass of the Antarctic and Greenland ice sheets. QuikSCAT data has improved the warning time for tropical cyclone development in the Atlantic and Eastern Pacific hurricane basins. Using wind field data from QuikSCAT, researchers are able to detect potential cyclones in these regions earlier than traditional capabilities allowed. This early detection of storms could allow residents more time to prepare for adverse weather conditions. "QuikSCAT has clearly demonstrated its reliability to both government and commercial customers, providing quality forecasting data to scientists and meteorologists -- the type of data that could easily be extended with a new scatterometer mission," said David L. Taylor, president and CEO of Ball Aerospace. QuikSCAT is a polar orbiting satellite with an 1800 km wide measurement swath on the earth's surface, circling the earth from a distance of 800 km (500 miles). Generally, this results in 400,000 measurements daily over a given geographic region. The onboard SeaWinds scatterometer has enhanced global climate research by recording sea-surface winds over the oceans on a 25km x 25km spatial scale. NASA awarded its first Rapid Spacecraft Acquisition fixed-price contract to Ball Aerospace for the QuikSCAT, which was completed in 11 months -- an industry record for a spacecraft of its size. The QuikSCAT Ball Commercial Platform (BCP 2000) architecture has since been used for the Ball Aerospace-built QuickBird I and II satellites, the ICESat and CloudSat satellites, and the National Polar-Orbiting Operational Environmental Satellite System Preparatory Project. Designed to measure ocean winds, SeaWinds has proven useful in many other applications. Earlier this year, it detected the most widespread Antarctic melting ever observed using satellites during the past three decades. In 1999, it detected a mammoth, previously lost iceberg called B10A in the Drake Passage shipping lane. The iceberg is now tracked for the National Ice Center to route supply ships into and out of Antarctica's McMurdo station. QuikSCAT was built for the Goddard Space Flight Center and the Jet Propulsion Laboratory (JPL). The scatterometer sensor was built by JPL. The satellite is operated through a subcontract with the University of Colorado/Laboratory for Atmospheric and Space Physics. http://www.ballaerospace.com/page.jsp?page=143 Ball Aerospace & Technologies Corp. supports critical missions of important national agencies such as the Department of Defense, NASA, NOAA and other U.S. government and commercial entities. The company develops and manufactures spacecraft, advanced instruments and sensors, components, data exploitation systems and RF solutions for strategic, tactical and scientific applications. Over the past 50 years, Ball Aerospace has been responsible for numerous technological and scientific 'firsts' and acts as a technology innovator for the aerospace market. Ball Corporation (NYSE: BLL) is a supplier of high-quality metal and plastic packaging products for beverage, food and household customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 15,500 people worldwide and reported 2006 sales of $6.6 billion. Forward-Looking Statements This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key risks and uncertainties are summarized in filings with the Securities and Exchange Commission, including Exhibit 99.2 in our Form 10-K, which are available at our Web site and at http://www.sec.gov. Factors that might affect our packaging segments include fluctuation in consumer and customer demand and preferences; availability and cost of raw materials, including recent significant increases in resin, steel, aluminum and energy costs, and the ability to pass such increases on to customers; competitive packaging availability, pricing and substitution; changes in climate and weather; crop yields; industry productive capacity and competitive activity; failure to achieve anticipated productivity improvements or production cost reductions, including those associated with our beverage can end project; the German mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; and changes in foreign exchange rates, tax rates and activities of foreign subsidiaries. Factors that might affect our aerospace segment include: funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts. Factors that might affect the company as a whole include those listed plus: accounting changes; successful or unsuccessful acquisitions, joint ventures or divestitures; integration of recently acquired businesses; regulatory action or laws including tax, environmental and workplace safety; governmental investigations; technological developments and innovations; goodwill impairment; antitrust, patent and other litigation; strikes; labor cost changes; rates of return projected and earned on assets of the company's defined benefit retirement plans; pension changes; reduced cash flow; interest rates affecting our debt; and changes to unaudited results due to statutory audits or other effects.
SOURCE Ball Aerospace & Technologies Corp.