WESTMINSTER, Colo.–(BUSINESS WIRE)–Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced two new customers signed multi-million-dollar contracts to subscribe to its Rapid Access Program (RAP), including the first customer for RAP in Latin America.
RAP provides customers with a secure web interface to virtually task Maxar’s high-resolution satellites through on-demand access windows. Maxar delivers high-resolution imagery within hours of collection due to streamlined processing and dissemination. By using cloud-based ground stations, RAP decreases the cost of actionable intelligence for our customers with accelerated speed and control. RAP customers also have high priority tasking on Maxar satellites, critical for urgent mission requirements. When Maxar’s next-generation WorldView Legion satellites are on orbit and operational, RAP customers will be among the first to be able to task them to collect 30 cm class imagery.
“Maxar’s Rapid Access Program provides customers with assured access to task our satellites without the need for a physical ground station,” said Tony Frazier, Maxar’s Executive Vice President of Global Field Operations. “This lower barrier to entry for tasking provides opportunities for Maxar to serve our RAP customers with the high-quality imagery that they have come to depend on while offering them greater autonomy in tasking the most agile satellites on orbit. Maxar is grateful to be a strategic partner in these customers’ missions, enabling them to make critical decisions and save lives, resources and time.”
National Institute of Aeronautics and Space of Indonesia (LAPAN) is Maxar’s second RAP customer in the Asia-Pacific region. LAPAN will task Maxar’s high-resolution satellite imagery to accelerate mapping missions in Indonesia, including land certification, industrial priority zones and special economic zones. Additionally, LAPAN will receive Maxar’s 15 cm high-definition (HD) imagery, which is created by applying Maxar’s proprietary HD technology to the company’s native 30 cm class imagery, resulting in superior visual clarity and utility.
“LAPAN is excited to start tasking the Maxar constellation for our mapping missions,” said Dedi Irawadi, Acting Director of Remote Sensing Technology and Data Center at LAPAN. “Having assured access via RAP to collect imagery of the areas we’re focused on and receiving 15 cm HD imagery will enable our analysts to create actionable intelligence on faster timelines.”
The Colombian Air Force is the second new RAP customer and the first international defense organization in Latin America to partner with Maxar in the program. The customer will use RAP for mission planning and monitoring areas of interest. The contract also includes access to Maxar’s SecureWatch subscription service for on-demand access to more than 125 petabytes of Maxar’s high-resolution satellite data and analytics. The customer will integrate SecureWatch into their analysts’ workflows to enable surveillance and monitoring of national territory and the environment. By tasking new, high-resolution satellite imagery through the RAP and viewing it in context via SecureWatch, Colombia will benefit from space-based information as a strategic tool for national sovereignty.
To learn more about RAP, visit Maxar’s website.
About Maxar
Maxar is a trusted partner and innovator in Earth Intelligence and Space Infrastructure. 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. 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 constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) under applicable securities laws. Statements including words such as “may”, “will”, “could”, “should”, “would”, “plan”, “potential”, “intend”, “anticipate”, “believe”, “estimate” or “expect” and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, 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.
Contacts
Investor Relations Contact:
Jason Gursky
Maxar VP, Investor Relations and Corporate Treasurer
1-303-684-2207
[email protected]
Media Contact:
Kristin Carringer
Maxar Media Relations
1-303-684-4352
[email protected]
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