Boeing [NYSE: BA], through its commercial launch business, successfully launched the GeoEye-1 satellite 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.

Boeing Launch Services is a customer-focused subsidiary that provides business development, sales, procurement and program management of Delta launch services for commercial customers. It is part of the Space Exploration division of Boeing Integrated Defense Systems and is based in Huntington Beach, Calif.

A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of Military aircraft. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32.1 billion business with 71,000 employees worldwide.