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Maxar Technologies is investing $600,000,000 to build the WorldView Legion class of assets.
Maxar has not won any other telecom orders since Ovzon selected the company in December.
Maxar can break even with one or two GEO satellite contracts per year for its flagship 1300 GEO platform, compared with the three to four contracts SSL sought before restructuring.
Maxar won a selection from Sweden’s Ovzon in December to build the Ovzon-3 small geostationary satellite based on Maxar’s Legion-class satellite platform.
Maxar won a 1300 platform order from NASA in May for the Power and Propulsion Element of the future lunar Gateway space station, which is expected to launch in late 2022.
Telesat is expected to choose soon between Airbus Defence and Space and a team formed by Maxar Technologies and Thales Alenia Space to start building its 300-satellite LEO broadband constellation.
Maxar Technologies equates the 500-Gbps Jupiter-3 satellite ordered by Hughes Network Systems to building three regular GEO satellite orders.
Ovzon selected Maxar Technologies to build a 1,500-kilogram small GEO satellite.
Maxar Technologies’ earlier restructuring 2019 reduced expenses by $60,000,000.
Maxar Technologies is spending $40,000,000 in integration activities 2019 to bring together formerly separate companies like SSL and DigitalGlobe.
Maxar Technologies’ stock closed 2019-09-06 at $7.06 a share.
Maxar Technologies spent $20,000,000 2019 on retention payments that the company does not expect to need in future years.
Maxar Technologies won a July contract to provide a satellite for Swedish operator Ovzon based on the Legion satellite bus.
Terran Orbital, Astranis, Maxar Technologies, and Saturn Satellite Networks are building geostationary communications satellites in the few-hundred-kilogram to ~2,000-kilogram range and have secured orders within the last 12 months.
Maxar Technologies provides imagery and data products on a realtime and near-realtime basis to defense and intelligence customers, including the National Reconnaissance Office and the National Geospatial-Intelligence Agency, and to allied countries.
Maxar Technologies’ WorldView-4 suffered an in-orbit failure in 2018 that generated a $183,000,000 claim.
Thales Alenia Space partnered with Maxar Technologies in competition with Airbus Defence and Space to build a megaconstellation for Canadian operator Telesat, which is seeking 300 low Earth orbit satellites.
Maxar decided in February 2019 to restructure Space Systems Loral with a focus on smaller satellites and government projects rather than selling its geostationary commercial satellite business.
NASA awarded a contract to Maxar Technologies in May to develop the Power and Propulsion Element for the Gateway.
Michael Kalinski and the four other employees in Swissto12’s U.S. office previously worked for SSL, the Palo Alto satellite manufacturer purchased in 2012 by MacDonald, Dettwiler and Associates, now Maxar Technologies.