Maxar
Technologies (NYSE:MAXR) (TSX:MAXR) today announced that it has been
awarded a study contract with the National Reconnaissance Office (NRO)
that will enable the U.S. Government to gain a greater understanding of
Maxar’s current and future commercial imagery capabilities. The one-year
contract will support the NRO’s efforts to further research and assess
the U.S. commercial electro-optical (EO) imagery industrial base’s
ability to task, collect, process and deliver satellite imagery.
As previously
announced, Maxar signed a three-year extension of its existing
EnhancedView Service Level Agreement (SLA) with the NRO in November
2018, reinforcing the U.S. Government’s continuing demand for commercial
imagery and confidence in Maxar’s current and future capabilities.
“This new study contract with the NRO, coupled with our recent
EnhancedView Follow-On agreement, demonstrates that the U.S. Government
recognizes the value of procuring commercial satellite imagery both now
and into the future,” said Dan Jablonsky, Maxar CEO. “For nearly 20
years, Maxar has been a trusted partner of the U.S. Government,
delivering commercial capabilities with superior quality, cost and
reliability. We are proud to support the U.S. Government mission and
look forward to continuing to work with the NRO as they increasingly
adopt commercial imagery.”
The operations of DigitalGlobe, SSL 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 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
Certain statements and other information included in this release
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(collectively, “forward-looking statements”) under applicable securities
laws. Statements including words such as “may,” “will,” “could,”
“should,” “would,” “plan,” “potential,” “intend,” “anticipate,”
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similar meaning are often intended to identify forward-looking
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expectations, projections, goals, forecasts, assumptions, risks and
uncertainties, as well as other statements referring to or including
forward-looking information included in this presentation.
Forward-looking statements are subject to various risks and
uncertainties which could cause actual results to differ materially from
the anticipated results or expectations expressed in this presentation.
As a result, although management of the Company believes that the
expectations and assumptions on which such forward-looking statements
are based are reasonable, undue reliance should not be placed on the
forward-looking statements because the Company can give no assurance
that they will prove to be correct. The risks that could cause actual
results to differ materially from current expectations include, but are
not limited to, the risk factors and other disclosures about the Company
and its business included in the Company’s continuous
disclosure materials filed from time to time with U.S. securities and
Canadian regulatory authorities, which are available online under the
Company’s EDGAR profile at www.sec.gov,
under the Company’s SEDAR profile at www.sedar.com or
on the Company’s website at www.maxar.com.
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.
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