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Maxar Technologies Extends Contract with Esri for Highest Quality Satellite Imagery Mosaics

07/08/2019

WESTMINSTER, Colo.--(BUSINESS WIRE)-- Maxar Technologies (NYSE:MAXR) (TSX:MAXR) today announced that it signed a three-year contract to continue providing its Vivid and Metro satellite imagery mosaics to Esri’s ArcGIS Living Atlas of the World. This new contract builds upon Esri and Maxar’s long-term partnership and demonstrates Esri’s commitment to providing ArcGIS users with the highest quality satellite imagery foundation available.

Esri’s ArcGIS Living Atlas of the World is a collection of geographic information from around the world, including maps, apps and data layers. The World Imagery map of Living Atlas uses Maxar’s Vivid and Metro imagery mosaic products, which include some of the highest resolution, most accurate and visually consistent global image mosaics available on the market and updated annually. As part of Maxar’s continued efforts to innovate and enhance its products, Esri will receive a new version of Vivid that more than doubles the horizontal accuracy of imagery pixels, thus making the vector features extracted by ArcGIS creators even more precise. Esri’s contract includes up to 1,000 of Maxar’s 6,000 Metro imagery mosaics, which provides global, off-the-shelf access to recent imagery of specific cities. ArcGIS end users will also have access to Maxar’s NaturalVue ® 2.0 image mosaic and National Urban Change Indicator (NUCI) through the Living Atlas Catalog, which was announced earlier this year.

“Over the last decade, Maxar and Esri have partnered to combine the best commercial satellite imagery with the most advanced geospatial tools on the market within a unified experience,” said Tony Frazier, Maxar’s Executive Vice President of Global Field Operations. “This latest contract demonstrates both companies’ enduring commitment to innovation for Esri end users and the global GIS community.”

“Maxar’s dedication to creating high-quality products allows us to continue offering ArcGIS users better and better satellite imagery for their analysis,” said Richard Cooke, Esri’s Director of Global Remote Sensing & Imagery. “The improved horizontal accuracy of Vivid and continuous updates to Metro allow the Esri community to improve the certainty of their work and increase the confidence in their decision-making.”

Maxar’s new image mosaic layers will be made available to ArcGIS users continuously within Esri’s Living Atlas throughout the next three years of this extended agreement. Come and see Vivid and Metro in action at Maxar’s booth (#627) at the Esri User Conference in San Diego, Calif. from July 8-12, 2019.

The operations of DigitalGlobe, SSL and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization.

About Maxar Technologies

As a global leader of advanced space technology solutions, Maxar is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. The operations of DigitalGlobe, SSL and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization. As a trusted partner with 5,900 employees in over 30 global locations, Maxar provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.

Forward-Looking Statements

Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this presentation.

Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this presentation. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included inthe Company's continuous disclosure materials filed from time to time with U.S. securities and Canadian regulatory authorities, which are available online under the Company's EDGAR profile at www.sec.gov, under the Company's SEDAR profile at www.sedar.com or on the Company's website at www.maxar.com.

The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this presentation as a result of new information or future events, except as may be required under applicable securities legislation.

 

View source version on businesswire.comhttps://www.businesswire.com/news/home/20190708005156/en/

Investor Relations:
Jason Gursky
Maxar VP Investor Relations
1-303-684-2207
jason.gursky@maxar.com

Media:
Kristin Carringer
Maxar Media Relations
1-303-684-4352
kristin.carringer@maxar.com

Source: Maxar Technologies