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GeoEye ordered the WorldView-4 satellite prior to GeoEye’s 2013 merger with DigitalGlobe.
Cloud Constellation avoided Space Systems Loral as a manufacturer after Space Systems Loral announced plans to sell or shutter its geostationary satellite manufacturing business.
Maxar Technologies pushed a decision on divesting Space Systems Loral’s geostationary communications satellite business from year’s end to early the following year.
Maxar Technologies is developing the Robotic Servicing of Geosynchronous Satellites vehicle with the U.S. Defense Advanced Research Projects Agency for launch in 2021.
Ovzon expects the satellite built by Space Systems Loral to be complete in 2021.
Google bought the 4.5-acre site across the street from SSL’s main Palo Alto campus that Maxar sold on 2019-12-06.
Prior to the 2018-12-06 sale, Maxar estimated it could raise $150,000,000 to $200,000,000 by selling off the 29 acres it owned in Palo Alto.
On 2019-12-06 Maxar sold a 4.5-acre site across the street from SSL’s main Palo Alto, California, campus for $70,000,000 and planned to relocate the 400 affected employees.
Maxar intended to announce by the end of 2019 whether it would sell SSL’s geostationary satellite manufacturing business outright or liquidate SSL’s Silicon Valley real estate holdings.
Maxar’s Space Systems Loral was awarded a manufacturing contract on 2018-12-17 to build a geostationary communications satellite designed for mobile broadband services for Ovzon.
NASA started a smallsat constellation data purchase pilot program and announced awards in August 2018 to DigitalGlobe, Planet, and Spire to purchase data from their constellations.
Maxar endorsed the C-Band Alliance’s market-based approach and characterized the plan as providing an immediate boost to domestic satellite manufacturing.
NASA’s Earth Science Division issued agreements to purchase data from Planet, DigitalGlobe, and Spire under contracts with a maximum combined value of $7,000,000 over five years.
DigitalGlobe’s WorldView-2 satellite provides red-edge imagery at 1.84-meter resolution.
BMO Capital Markets analyst Thanos Moschopoulos assessed that the price per acre of $15,500,000 achieved by Maxar was much higher than expected.
Maxar Technologies sold one of Space Systems Loral’s facilities in Silicon Valley for $70,000,000.
Maxar retains office, research and development, and manufacturing facilities across another 24 acres in Palo Alto, California.
BMO Capital Markets expects Maxar to make an announcement before year’s end regarding how it will fully divest from building geostationary communications satellites.
On 2018-11-28, Maxar CEO Howard Lance linked the company’s divestment of its geostationary satellite manufacturing business to efforts to rein in its $3,000,000,000 debt load.
Company officials have valued Maxar’s total property in Palo Alto at $150,000,000 to $200,000,000.