Maxar Opens New Facility in St. Louis to Support Growth in U.S. National Geospatial-Intelligence Agency Programs

WESTMINSTER, Colo. — (BUSINESS WIRE) — October 9, 2019 — Maxar Technologies (NYSE: MAXR) (TSX: MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that it will open a new facility in St. Louis, Missouri, to support growth in several U.S. National Geospatial-Intelligence Agency (NGA) programs.

The facility will be located in the historic Globe Building, in the heart of downtown St. Louis. Maxar expects 48 employees to initially staff the facility, most of whom are new hires that will support the NGA’s Global EGD, Janus Geography and SBIR Phase III contracts. St. Louis is the Midwest geospatial hub of the United States in part due to its proximity to the National Geospatial and Intelligence Center West facility, the T-REX Geospatial Resource and Innovation Center and several other commercial GEOINT companies.

“The establishment of our cutting-edge facility in St. Louis is a strong reflection of Maxar’s commitment to unlocking the power of geospatial data for our customers,” said Tony Frazier, Maxar’s Executive Vice President of Global Field Operations. “This new facility will provide our customers with easier access to better geospatial products and insights for success across the breadth of defense and intelligence missions.”

The operations of DigitalGlobe, SSL (Space Systems Loral) 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

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:

Media Contact
Omar Mahmoud
Maxar Media Relations
1-650-852-5388
omar.mahmoud@maxar.com

Investor Relations Contact
Jason Gursky
Maxar VP Investor Relations
1-303-684-2207
Email Contact




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