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SiriusXM ordered two additional satellites, SXM-11 and SXM-12, from Maxar Technologies on 2022-11-29.
SiriusXM’s total group revenues rose 4% to $2,280,000,000 for the same reporting period, supported in part by growth in Pandora.
Delivery of SXM-11 and SXM-12 will bring the total number of Maxar-built satellites for SiriusXM to 13.
SXM-11 and SXM-12 will be based on Maxar’s 1300-class platform and are part of SiriusXM’s third-generation constellation.
Most of the Maxar-built satellites for SiriusXM were originally ordered from Space Systems Loral, which in 2012 became part of a company that later became Maxar.
SiriusXM currently operates five satellites with estimated minimum lifetimes ranging from 2024 to 2036 plus two in-orbit spares for broadcasting radio across North America and Canada.
SXM-7, launched by SpaceX in December 2020, suffered a payload failure shortly after launch and is unusable for SiriusXM’s satellite radio service.
SXM-8, built by Maxar and launched by SpaceX in 2021, is currently SiriusXM’s only third-generation satellite providing radio services in orbit.
Maxar built SiriusXM’s third-generation satellites, the most recent of which was launched earlier 2021.
Maxar Technologies received an order to build another geostationary communications satellite for SiriusXM.
Maxar Technologies has been building satellites for SiriusXM since 2000.
Maxar Technologies built SiriusXM’s first-generation Sirius satellites launched in 2000 and second-generation Sirius satellites launched in 2009 and 2013.
SXM-8 will provide continuous, reliable delivery of SiriusXM audio entertainment and information services to consumers in the United States.
SXM-8 will extend the health of SiriusXM’s satellite fleet and its satellite-delivered services through at least 2036.
Maxar and SiriusXM employees posed for a photo with the Maxar-built SXM-8 ahead of encapsulation in the fairing of SpaceX’s Falcon 9 rocket in Cape Canaveral, Florida.
SXM-8 is the ninth high-powered digital audio radio satellite built by Maxar for SiriusXM.
SpaceX placed a Maxar-built satellite for SiriusXM into orbit on 2021-06-06.
Falcon 9 launched the SiriusXM SXM-8 mission from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida.
SiriusXM holds insurance on SXM-7 valued at $225,000,000.
SiriusXM took a $220,000,000 charge to its net income because of the failure of SXM-7.