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Ball Aerospace and Microsoft successfully demonstrated the use of commercial cloud computing for rapid data processing and secure delivery in military operations. Supported by the Defense Innovation Unit, the demonstrations are part of the U.S. Space Force's CASINO Program Office. Tests proved that Microsoft's Azure cloud can effectively process Overhead Persistent Infrared (OPIR) data, enhancing military capabilities with low-latency links. This innovation is expected to reshape military analytics and has potential commercial applications.
Ball Corporation (NYSE: BLL) reported a strong first quarter 2021 with net earnings of $200 million, or 60 cents per diluted share, on sales of $3.1 billion, a significant increase from $23 million, or 7 cents per diluted share, a year ago. Comparable earnings rose 18% due to 8% global beverage volume growth. Noteworthy developments included the launch of a new manufacturing facility in Glendale, Arizona, and an ongoing national rollout of the Ball Aluminum Cup. Despite challenges from winter storms and supply-chain disruptions, the company expects substantial capacity enhancements by the end of 2023.
Ball Corporation (NYSE: BLL) has declared a quarterly cash dividend of 15 cents per share, payable on June 15, 2021, to shareholders of record as of June 1, 2021. This decision emphasizes the company's commitment to returning value to its investors. Additionally, the company reported net sales of $11.8 billion in 2020 and is set to announce its first-quarter earnings on May 6, 2021. Ball specializes in sustainable aluminum packaging solutions and aerospace services, employing approximately 21,500 people worldwide.
Ball Corporation (NYSE: BLL) will release its first quarter 2021 earnings on May 6, 2021, before market opening. The earnings call is scheduled for 9 a.m. Mountain time, followed by a Q&A session. The North American toll-free number for the call is 800-920-5564, while international callers can reach +1 212-231-2909. A taped replay will be available from 11 a.m. Mountain time on May 6 until May 13, 2021. Ball Corporation reported 2020 net sales of $11.8 billion and employs approximately 21,500 people globally.
Damm brewery in Barcelona has achieved ASI certification and will exclusively use ASI-certified cans supplied by Ball Corporation starting in March. This certification ensures high environmental, ethical, and social standards throughout the aluminum lifecycle. Damm is the first beverage company globally to attain double ASI certification. The initiative also includes Damm's commitment to sustainability, with measures like eliminating plastic packaging and increasing recycled materials. Ball Corporation, which secured ASI certification for all its European plants, emphasizes the importance of sustainable practices.
Ball Aerospace, in collaboration with NASA Goddard Space Flight Center, has successfully completed the critical design review of the Wide Field Instrument (WFI) for NASA's Nancy Grace Roman Space Telescope. This achievement marks a significant milestone as the WFI will serve as the primary science instrument, enabling high-quality infrared observations.
The Roman Space Telescope is integral in advancements in astrophysics, specifically in exploring dark energy and exoplanets, boasting a field of view 100 times that of Hubble at the same resolution.
Ball Corporation (NYSE: BLL) will present at the 2021 Bank of America Global Agriculture and Materials Conference on March 4, 2021, at 1:00 p.m. Eastern time. Scott C. Morrison, CFO, and Daniel W. Fisher, President, will represent the company. Interested investors can join the presentation via a live webcast, accessible through the provided link.
A replay will be available for 90 days on Ball Corporation's investor website. The company reported 2020 net sales of $11.8 billion and employs approximately 21,500 people globally.
Ball Aerospace has been chosen to support NASA's Solar Cruiser, a technology demonstration exploring solar propulsion in space. The project involves integrating and testing the satellite bus with a solar sail system. Scheduled for launch in 2025, the Solar Cruiser will deploy an 18,000-square-foot sail to harness solar radiation for propulsion. Ball will also contribute to additional missions under NASA's Interstellar Mapping and Acceleration Probe. This initiative reinforces Ball Aerospace's commitment to advancing aerospace technology and supporting NASA's scientific endeavors.
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