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Maxar rebranded its buses into three lines: the Maxar 300 series for the smaller bus, the Maxar 500 for the WorldView Legion bus, and the Maxar 1300 line for large geostationary communications buses.
Maxar is actively marketing the Maxar 500 bus used on WorldView Legion for remote-sensing applications carrying electro-optical or radar imaging sensor packages.
Maxar’s 1300 series platform is being applied to uses beyond geostationary communications, including NASA’s Power and Propulsion Element spacecraft for the lunar Gateway.
Maxar unsuccessfully bid in 2021 as a prime contractor for an SDA satellite contract and filed a bid protest with the Government Accountability Office that led SDA to change its contracting approach to Other Transaction Authority.
On 2022-12-16, Advent International and Maxar Technologies entered into a definitive merger agreement under which all outstanding shares of Maxar common stock would be acquired for $53.00 per share in cash.
The acquisition valued Maxar Technologies at approximately $6,400,000,000.
Advent International acquired Maxar Technologies for $53 per share with British Columbia Investment Management Corp. as a minority investor.
Advent International and Maxar entered into a definitive merger agreement on 2022-12-16 under which all outstanding shares of Maxar common stock would be acquired for $53.00 per share in cash.
MDA acquired the Westminster-based Earth-imaging firm DigitalGlobe in 2017.
The 2022-12-16 merger agreement valued Maxar Technologies at approximately $6,400,000,000.
Advent International and British Columbia Investment Management Corporation completed their acquisition of Maxar Technologies on 2023-05-03.
MDA purchased the Palo Alto-based satellite manufacturer Space Systems Loral in 2012.
The $6,400,000,000 buyout of Maxar Technologies is complete and Maxar Technologies is now a private company.
Maxar Technologies became a U.S. corporation in 2020 when it spun off the Canadian subsidiary MDA.
Maxar in Westminster, Colorado received a 2022 ACO selection to pursue Automated Robotic Assembly of the Light Bender System with NASA Langley.
Maxar announced a deal in February to obtain dedicated access to Umbra’s synthetic aperture radar imaging constellation.
Maxar’s shareholders approved a $6,400,000,000 acquisition of Maxar by the private-equity firm Advent International on 2023-04-19.
Maxar will launch the first pair of WorldView Legion satellites on a SpaceX Falcon 9 rocket from Vandenberg Space Force Base, California.
Maxar plans to deploy six WorldView Legion satellites into sun-synchronous and mid-inclination orbits using three separate Falcon 9 rockets.
The National Reconnaissance Office awarded Maxar a $3,200,000,000 contract last year to supply imagery and mapping services over the next decade.