Maxar Extends Agreements with Three International Defense and Intelligence Customers, Securing Second WorldView Legion Commitment
22 December 2021 - 10:00PM
Business Wire
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of
comprehensive space solutions and secure, precise, geospatial
intelligence, today announced contract extensions with three
long-standing international defense and intelligence customers.
The three agreements total more than $100 million and extend
these customers’ ability to directly task and download 30 cm-class
satellite imagery to their ground stations from Maxar’s current
constellation under Maxar’s Direct Access Program. This program
enables defense, intelligence and commercial customers to access
the world’s most advanced Earth imaging satellites, with encrypted
downlinks, committed availability and data distribution rights that
fit mission needs.
One of the contracts provides a commitment to purchase direct
access to Maxar’s next-generation WorldView Legion satellites, the
first of which are expected to launch between May 15-June 13, 2022.
This is the company’s second commitment for WorldView Legion
capacity.
“Maxar’s international defense and intelligence customers
continue to rely on the unrivaled quality of our imagery to meet
critical national security requirements,” said Tony Frazier, Maxar
EVP of Global Field Operations. “Our long-term partnerships and
deep understanding of these customers’ missions informed how we
designed the WorldView Legion satellites, and we are very
encouraged by the demand we’re seeing. Increased collection
capacity benefits not only monitoring applications, but it will
also accelerate our ability to map the globe in 3D, understand
precise change and deliver AI-powered insights on mission-relevant
timelines.”
About Maxar
Maxar Technologies (NYSE:MAXR) (TSX:MAXR) is a provider of
comprehensive space solutions and secure, precise, geospatial
intelligence. We deliver disruptive value to government and
commercial customers to help them monitor, understand and navigate
our changing planet; deliver global broadband communications; and
explore and advance the use of space. Our unique approach combines
decades of deep mission understanding and a proven commercial and
defense foundation to deploy solutions and deliver insights with
unrivaled speed, scale and cost-effectiveness. Maxar’s 4,400 team
members in over 20 global locations are inspired to harness the
potential of space to help our customers create a better world. For
more information, visit www.maxar.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211222005055/en/
Investor Relations Contact: Jason Gursky Maxar VP,
Investor Relations and Corporate Treasurer 1-303-684-2207
jason.gursky@maxar.com Media Contact: Turner Brinton Maxar
Media Relations 1-303-684-4545 turner.brinton@maxar.com
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