Verified facts grounded in source documentation.
Maxar Technologies’ WorldView-3 satellite, launched in 2014, is capable of collecting 25-centimeter-resolution imagery, the highest resolution Maxar is permitted to sell commercially.
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 plans to expand geospatial machine learning capabilities through its U.S. government services business.
Maxar plans to invest in its 1300 series of large geostationary satellites, 500-kilogram Legion-class satellites, space robotics, and defense integration work.
Maxar announced the loss of its Worldview-4 satellite six days before Dan Jablonsky took the helm.
Maxar filed an insurance claim for the loss of WorldView-4 and expects to receive the $183,000,000 insurance payment.
Maxar estimates it could receive $150,000,000 to $200,000,000 from selling SSL real estate, with the $70,000,000 sale being of the highest value facility.
Maxar invested most of $150,000,000 spent in 2018 into its WorldView Legion satellites, which are being built in-house at SSL with imaging payloads provided by Raytheon.
Maxar recorded a $162,000,000 impairment for the loss of the WorldView-4 satellite, which was insured for $183,000,000.
Maxar expects to invest $600,000,000 in the WorldView Legion constellation.
Most of SSL’s GEO communications-satellite orders use the SSL-1300 platform, which generally supports satellites between 3,000 and 7,000 kg.
Maxar Technologies intends to seek full recovery for the loss of WorldView-4 under its insurance policies with an insured value of $183,000,000.
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.
Space Systems Loral’s additively manufactured parts provide design flexibility and, in most cases, improve spacecraft performance.
SSL’s loss of the Amos-8 contract is a setback to the Palo Alto, California-based company’s geostationary satellite manufacturing business that parent company Maxar Technologies is considering selling, partnering off, or closing.
Maxar Technologies won Deal of the Year for 2017.
Maxar expects most WorldView Legion spending to take place from 2018 through 2020 before focusing on paying down its $3,100,000,000 debt.
Maxar reported imagery revenue of $212,000,000 for the quarter, an increase of 5 percent year over year.
Maxar reported a net loss of $18,600,000 for the quarter, compared to a $19,300,000 profit for the same period in 2017.
SSL has tied for or come in first in winning the largest number of commercial GEO communications satellite orders every year since 2013, according to Bank of Montreal numbers.