Maxar Technologies Awarded Four-Year Global EGD Contract by the U.S. Government for On-Demand Access to Mission-Ready Satellite Imagery

WESTMINSTER, Colo. — (BUSINESS WIRE) — August 27, 2019 — Maxar Technologies (NYSE: MAXR) (TSX: MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that it has been awarded a new, four-year contract with the U.S. National Geospatial-Intelligence Agency (NGA) for the Global Enhanced GEOINT Delivery (Global EGD) program. The contract, which begins September 1, 2019, is valued at $44 million for the base year and includes three option years at the same value that would extend the contract through August 2023.

The new contract will allow Maxar to continue providing more than a quarter million U.S. Government users with online and offline, on-demand access to the world’s highest resolution commercial imagery. Since 2011, the Global EGD program has allowed warfighters, first responders, intelligence analysts and civil government users to tap into Maxar’s 100-petabyte historical imagery library and daily imagery collections for time sensitive, mission-critical planning and operations.

“The Global EGD program has proven to be an essential capability for NGA and a broad array of U.S. Government users,” said Dan Jablonsky, Maxar CEO. “With this contract, Maxar extends its decades-long standing as a trusted partner to the U.S. Government. We are proud to continue providing American troops, intelligence analysts and first responders with the information and insight to make decisions with confidence.”

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

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 5,900 team members in 30 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.



Contact:

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
Email Contact




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