Westminster, Colo. – June 3, 2019 – Maxar Technologies (NYSE:MAXR) (TSX:MAXR) today announced that it was awarded multiple contracts in the first quarter of 2019 to provide innovative Earth intelligence solutions to U.S. government agencies, with a total value of more than $95 million.
As announced in January, Maxar is now fully domesticated in the U.S. and has a combined team of over 1,550 cleared professionals. U.S. domestication has made it easier for Maxar to bring its integrated capabilities to bear for national security customers seeking to apply commercial innovation to support classified mission requirements. Recent contract wins include:
“These contract awards reflect Maxar’s unwavering commitment to serving the U.S. national security community with innovative solutions that meet their most demanding requirements,” said Tony Frazier, Maxar’s Executive Vice President of Global Field Operations. “Now that the company is operating as one Maxar, it offers an unrivaled portfolio of solutions that include spacecraft manufacturing and robotics, electro-optical and radar satellite imagery, industry-leading AI and geospatial machine learning capabilities. All of these capabilities are built on a commercial foundation that enables us to rapidly address the needs of the U.S. government and other global defense and intelligence customers.”
Maxar has been a trusted mission partner to the U.S. defense and intelligence community for decades and has continued to gain momentum over the last year. For the U.S. National Reconnaissance Office, the company continues to provide the highest resolution and most accurate and reliable commercial satellite imagery available. Maxar has served NGA since 1999 and recently announced that it is leading a team to provide content management of community-sourced topographic and human geography data for the agency’s Janus Geography program. Maxar is also expanding the development of machine learning and crowdsourcing capabilities to augment global GEOINT missions on the NGA’s Small Business Innovation Research program and providing on-demand access to mission-ready satellite imagery through the Global Enhanced GEOINT Delivery program.
The operations of DigitalGlobe, SSL (Space Systems Loral) and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. The operations of DigitalGlobe, SSL (Space Systems Loral) and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization. As a trusted partner with 5,900 employees in over 30 global locations, Maxar provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.
Forward-Looking Statements
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The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this presentation as a result of new information or future events, except as may be required under applicable securities legislation.
