Ball Aerospace Completes WFIRST Study for NASA
Ball Leverages Deep Heritage to Help Architect the Next Astrophysics Flagship Mission in Follow-on to Hubble, Spitzer and James Webb Space Telescopes

BOULDER, Colo., June 12, 2017 /PRNewswire/ -- Ball Aerospace today announced it has completed a six-month Phase A study of the scientific and technology requirements for the Wide Field Infrared Survey Telescope (WFIRST) project's Wide Field Instrument (WFI). WFIRST will be NASA's next flagship space telescope under development and will follow NASA's James Webb Space Telescope.

Ball Logo. (PRNewsFoto/Ball Aerospace & Technologies Corp.)

"Ball is honored to have participated in the Wide Field Instrument Phase A Study, where we were able to leverage our successful experience from many astrophysics, planetary and Earth scientific instruments," said Jim Oschmann, Ball Aerospace vice president and general manager, civil space business unit. "We welcome the opportunity to continue our heritage of working on NASA's great observatories and in helping scientists answer fundamental questions about our place in the universe."

WFIRST, the top priority of the most recent Decadal Survey in 2010, would bring the ability to capture individual images with the depth and quality of the Hubble Space Telescope, while covering 100 times the area. Among its scientific objectives, WFIRST will enable scientists to answer questions about how galaxies and groups of galaxies form, study the atmospheres and compositions of planets orbiting other stars, and address other general astrophysics questions.

NASA has launched a series of large space telescopes over nearly 30 years, including the Hubble Space Telescope, the Chandra X-ray Observatory, the Compton Gamma Ray Observatory and the Spitzer Space Telescope. Together, these four space telescopes are known as the Great Observatories. Each was recommended by a National Academy of Sciences' Decadal Survey for Astronomy and Astrophysics, and Ball played a crucial role in each of them. For example, Ball built seven science instruments for Hubble, and each of the five science instruments currently operating on the telescope were Ball designed and built. Ball also built the Corrective Optics Space Telescope Axial Replacement (COSTAR) that helped correct Hubble's hazy vision.

Ball worked with Northrop Grumman to design and build the advanced optical components and cryogenic electronics system for NASA's next Decadal mission, the James Webb Space Telescope, which is scheduled to launch in 2018.

Ball has been involved with each Decadal mission since the 1970s, and supports the upcoming 2020 Decadal study by contributing to the Large Mission Concept Studies.   

Ball Aerospace pioneers discoveries that enable our customers to perform beyond expectation and protect what matters most.  We create innovative space solutions, enable more accurate weather forecasts, drive insightful observations of our planet, deliver actionable data and intelligence, and ensure those who defend our freedom go forward bravely and return home safely. For more information, visit www.ball.com/aerospace or connect with us on Facebook or Twitter.

Ball Corporation supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 18,450 people worldwide and 2016 net sales were $9.1 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.

Forward-Looking Statements
This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "believes," "targets," "likely" and similar expressions typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements and any of such statements should be read in conjunction with, and, qualified in their entirety by, the cautionary statements referenced below. 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 factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at www.sec.gov. Additional factors that might affect: a) our packaging segments include product demand fluctuations; availability/cost of raw materials; competitive packaging, pricing and substitution; changes in climate and weather; competitive activity; failure to achieve synergies, productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; customer and supplier consolidation, power and supply chain influence; changes in major customer or supplier contracts or a loss of a major customer or supplier; political instability and sanctions; currency controls; and changes in foreign exchange or tax rates; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus: changes in senior management; regulatory action or issues including tax, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; litigation; strikes; labor cost changes; rates of return on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies both in the U.S. and in other countries, including the U.S. government elections, budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives and synergies; interest rates affecting our debt; and successful or unsuccessful acquisitions and divestitures, including with respect to the Rexam PLC acquisition and its integration, or the associated divestiture; the effect of the acquisition or the divestiture on our business relationships, operating results and business generally.

 

SOURCE Ball Aerospace

For further information: Media Contact: Jackie Berger, (703) 284-5412, jberger@ball.com; or Ball Investor Relations: Ann Scott, (303) 460-3537, ascott@ball.com