NGA Awards Maxar Land Cover and Enhanced API Contracts
04 Janvier 2023 - 12:00PM
Business Wire
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of
comprehensive space solutions and secure, precise, geospatial
intelligence, today announced new contract awards worth up to $35.8
million from the U.S. National Geospatial-Intelligence Agency
(NGA).
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The Colosseum | Rome, Italy | March 22,
2022 | WorldView-3 Satellite Image (Credit: Maxar Technologies)
The first award is a one-year Period of Performance contract
worth up to $22.5 million with $11.3 million initially funded under
NGA’s Janus Geography program. This new award builds upon Maxar’s
more than 20 years of experience delivering foundational geospatial
intelligence data to NGA by characterizing land cover at high
resolution over numerous previously unmapped areas.
Under the second award, worth up to $13.3 million, Maxar will
provide NGA’s Foundation Program with a modern, enhanced
application programming interface (API) capable of querying,
discovering and downloading Maxar products derived from the
company’s 125-petabyte (PB) high-resolution commercial imagery
archive. Additionally, this enhanced API will deliver content to
the end user’s cloud account rather than via legacy dissemination
methods. Additional options include third-party content
integration, full business analytics and greater production
capacity.
The enhanced API award is for a performance period of up to 4.5
years consisting of a base of six months and four full option
years. The new API will support computer vision, machine learning
and artificial intelligence applications.
“Maxar is proud to continue partnering with NGA on enduring
missions such as foundation geospatial intelligence, land cover and
intelligence support, as well as to help spur innovation in new
areas like automation,” said Tony Frazier, Maxar’s Executive Vice
President and General Manager, Public Sector Earth Intelligence.
“Public-private partnerships such as this represent the U.S.
government’s ongoing commitment to commercial space and geospatial
analytics technology.”
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. Maxar trades on the New York
Stock Exchange and Toronto Stock Exchange as MAXR. For more
information, visit www.maxar.com.
Forward-Looking Statements This press release may contain
forward-looking statements that reflect management's current
expectations, assumptions and estimates of future performance and
economic conditions. Any such forward-looking statements are made
in reliance upon the safe harbor provisions of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. The Company cautions investors that any
forward-looking statements are subject to risks and uncertainties
that may cause actual results and future trends to differ
materially from those matters expressed in or implied by such
forward-looking statements, including those included in the
Company’s filings with U.S. securities and Canadian regulatory
authorities. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise, other than
as may be required under applicable securities law.
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Investor Relations Contact: Jonny Bell Maxar Investor
Relations 1-303-684-5543 jonny.bell@maxar.com
Media Contact: Brian Wagner Maxar Communications
1-202-302-8754 Brian.wagner@maxar.com
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