Maxar Technologies announced that it has been awarded a study contract with the National Reconnaissance Office that will enable the U.S. Government to gain a greater understanding of Maxar’s current and future commercial imagery capabilities.
WESTMINSTER, Colo.--(BUSINESS WIRE)-- 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
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Contacts
Investor Relations Contact:
Jason Gursky
Maxar VP Investor Relations
1-303-684-2207
jason.gursky@maxar.com
Media Contact:
Kristin Carringer
Maxar Media Relations
1-303-684-4352
kristin.carringer@maxar.com
Source: Maxar Technologies