Maxar
Technologies (NYSE:MAXR) (TSX:MAXR), a global technology innovator
powering the new space economy, today announced significant customer
growth for its subscription data products line, which includes
SecureWatch, EarthWatch, Spatial on Demand and GBDX.
With Maxar’s cloud-based geospatial subscription products, a wide
variety of customers are solving location-based problems by leveraging
premium content that includes the world’s highest resolution, most
accurate commercial satellite imagery. Customers can log-in on any
internet-connected device to securely use imagery and analytics of any
place on the planet and they only pay for what they view, stream or
download.
“In the past year, we have more than doubled the number of the customers
that rely on Maxar’s subscription products to inform their
decision-making,” said Jeff Culwell, Maxar’s Chief Product Officer.
“These products combine the unrivaled quality of Maxar’s imagery with
additional data sources, cloud computing and machine learning technology
in ways that provide unique value to our customers.”
SecureWatch,
a product for on-demand access to geospatial intelligence (GEOINT),
enables government agencies to monitor areas of interest using
multisource data from Maxar’s WorldView constellation, MDA’s RADARSAT-2
satellite and industry partner data to interpret activities on Earth
using multispectral bands and analytics. The platform enables analysts
to quickly produce imagery to their specific needs and create graphical
intelligence reports that users rely on to make mission-critical
decisions with confidence. Forty customers ranging from ministries of
defense and intelligence agencies to national mapping agencies now use
SecureWatch for applications such as mission planning, border and
facility monitoring and disaster response.
EarthWatch,
a product for viewing, streaming and downloading Maxar’s
industry-leading geospatial data, gives commercial customers access to a
comprehensive suite of products, including Maxar’s 100-petabyte optical
satellite imagery library, while allowing them to incorporate analytics
to extract insights at scale for better and faster decision-making.
Within a year of EarthWatch’s release, 70 international customers from a
variety of industries have subscribed to the product, such as
information and analysis customers like Jane’s
by IHS Markit, automotive customers like Ushr,
insurance customers like Betterview,
and governments and non-government organizations like South African
National Space Agency (SANSA),
Vulcan’s
Skylight, iMMAP,
Agencia Nacional de Mineria, Colombia, Western
Riverside County Regional, California, USA, Municipalidad
de Cartago, Costa Rica, and Municipalidad
de Liberia, Costa Rica.
Spatial
on Demand, an imagery and geospatial data platform built
specifically for the energy industry, integrates with the workflows and
software of energy customers, enabling them to explore and oversee
operations and facilities on a global scale and monitor pipelines and
right-of-ways over vast distances without leaving their office. More
than 50 energy industry customers, such as ConocoPhillips,
Anadarko
and Pioneer
Natural Resources, trust Spatial on Demand to monitor their critical
assets, host and manage their proprietary geospatial data and inform
their decision-making.
GBDX,
Maxar’s Geospatial Big Data analytics platform, empowers customers with
full access to the company’s deep and ever-expanding imagery library
hosted side-by-side with the compute power needed to train and deploy
machine learning models on a global scale. GBDX’s functionality enables
customers to extract location intelligence from satellite imagery,
enabling decision-making with confidence, speed and at scale. TRI-AD,
Toyota’s automated driving software development company, and NTT
DATA Corporation use GBDX to detect and map roads to create
high-definition maps of urban environments for autonomous vehicles.
Learn more about the Maxar product suite on our
website, which includes free trials and demos.
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
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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
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and its business included in the Company’s continuous
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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.
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