Maxar’s 3D Data Suite and Satellite Imagery to Support National Security Missions for the Australian Department of Defence

By Associated Press 24 June 2021, 12:00AM

WESTMINSTER, Colo.--(BUSINESS WIRE)--Jun 24, 2021--

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that it delivered 3D data products and high-resolution satellite imagery to the Australian Department of Defence under recent multi-million-dollar contracts.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210624005195/en/

This Maxar 3D Surface Model shows a view of the Sydney Opera House in Sydney, Australia. Image credit: Maxar Technologies

Maxar’s 3D data suite —created from the company’s industry-leading, highly accurate satellite imagery—enhances situational awareness and decision-making for military applications. The 3D data suite includes a 3D Surface Model, which provides a high-fidelity, positionally accurate and photorealistic view of terrain and surface features and textures. The suite’s Digital Terrain Model product is a bare Earth elevation data layer generated with fully automated processing and delivered at speeds far beyond traditional technologies.

“Maxar’s high-resolution 3D data and satellite imagery are integral for high-confidence mapping, planning and operational support, which can help end users make better decisions and save lives, resources and time,” said Tony Frazier, Maxar’s Executive Vice President of Global Field Operations. “Maxar is proud to expand our partnership with the Australian Department of Defence by providing our newest 3D data products.”

With these latest contracts, Australia—a key U.S. ally and member of the Five Eyes intelligence alliance—demonstrates the increased adoption of commercial satellite imagery and derived data products for critical national defense and intelligence missions. The Australian Department of Defence has been a Maxar Direct Access Program partner since 2018, with the ability to directly task and download satellite imagery from Maxar’s current constellation in real-time to its ground station.

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210624005195/en/

CONTACT: Investor Relations Contact:

Jason Gursky

Maxar VP, Investor Relations and Corporate Treasurer

1-303-684-2207

[email protected] Contact:

Turner Brinton

Maxar Media Relations

1-303-684-4545

[email protected]

KEYWORD: COLORADO NORTH AMERICA UNITED STATES AUSTRALIA AUSTRALIA/OCEANIA CANADA

INDUSTRY KEYWORD: TECHNOLOGY OTHER DEFENSE CONTRACTS SATELLITE PHOTOGRAPHY TELECOMMUNICATIONS AEROSPACE SOFTWARE MANUFACTURING DEFENSE

SOURCE: Maxar Technologies

Copyright Business Wire 2021.

PUB: 06/24/2021 06:00 AM/DISC: 06/24/2021 06:02 AM

http://www.businesswire.com/news/home/20210624005195/en

By Associated Press 24 June 2021, 12:00AM
Samoa Observer

Upgrade to Premium

Subscribe to
Samoa Observer Online

Enjoy unlimited access to all our articles on any device + free trial to e-Edition. You can cancel anytime.

>