Emerging Technology

Astra propulsion systems to be used in Maxar's PLEO spacecraft platforms

Astra Space, Inc. ("Astra") (Nasdaq: ASTR) announced that it has reached an agreement with Maxar Technologies ("Maxar") (TSX:MAXR) to supply Astra Spacecraft Engines ™. The propulsion systems will be used in Maxar's proliferated low Earth orbit (LEO) spacecrafts, which support a wide variety of global coverage missions, including Earth observation, communications and national security.

Astra expects to begin delivery of its spacecraft engines in 2023.

"The Astra Spacecraft Engine's flight heritage, high performance and high reliability were critical in our decision-making process as we prepare to deliver our spacecraft platforms to customers for their critical missions," said Joe Foust, Maxar Vice President of proliferated LEO Programs.

"We are pleased to support Maxar on their mission-critical spacecraft platform," said Martin Attiq, Astra's Chief Business Officer. "This agreement demonstrates continued momentum in our Space Products business and validates our Spacecraft Engine as a core technology supporting new constellations."

About Astra

Astra's mission is to improve life on Earth from space by creating a healthier and more connected planet. Today, Astra offers one of the lowest cost-per-launch dedicated orbital launch services of any operational launch provider in the world, and one of the industry's first flight-proven electric propulsion systems for satellites, Astra Spacecraft Engine™. Astra delivered its first commercial launch to low Earth orbit in 2021, making it the fastest company in history to reach this milestone, just five years after it was founded in 2016. Astra (NASDAQ: ASTR) was the first space launch company to be publicly traded on Nasdaq. Visit astra.com to learn more about Astra.

About Maxar Technologies

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) is a provider of comprehensive space solutions and secure, precise, geospatial intelligence. We deliver disruptive value to government and commercial customers to help them monitor, understand and navigate our changing planet; deliver global broadband communications; and explore and advance the use of space. Our unique approach combines decades of deep mission understanding and a proven commercial and defense foundation to deploy solutions and deliver insights with unrivaled speed, scale and cost effectiveness. Maxar's 4,400 team members in over 20 global locations are inspired to harness the potential of space to help our customers both create a better world. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com .

Safe Harbor Statement

Certain statements made in this press release are "forward-looking statements". Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) our failure to meet projected development and delivery targets, including as a result of the decisions of governmental authorities or other third parties not within our control; (ii) changes in applicable laws or regulations; (iii) the ability of the Astra to meet its financial and strategic goals, due to, among other things, competition; (iv) the ability of Astra to pursue a growth strategy and manage growth profitability; (v) the possibility that Astra may be adversely affected by other economic, business, and/or competitive factors; (vi) the effect of the COVID-19 pandemic on Astra and (vii) other risks and uncertainties described discussed from time to time in other reports and other public filings with the Securities and Exchange Commission, including our registration statements and quarterly reports.

Astra Media Contact:
Kati Dahm
press@astra.com

Astra Investor Contact:
Andrew Hsiung
investors@astra.com

Maxar Media Contact:
Kristin Carringer
kristin.carringer@maxar.com

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MAXR:CA,MAXR

EchoStar and Maxar Amend Agreement for Hughes JUPITER 3 Satellite Production

The satellite also known as EchoStar XXIV is expected to launch in the first half of 2023

EchoStar Corporation (Nasdaq: SATS) today announced an amended agreement with Maxar Technologies (NYSE:MAXR) (TSX:MAXR) for production of the EchoStar XXIV satellite, also known as JUPITER™ 3. The satellite, designed for EchoStar's Hughes Network Systems division, is under production at Maxar's facility in Palo Alto, CA. The amended agreement compensates EchoStar for past production delays by providing relief on future payments and expands EchoStar's recourse in the event of any further delays. The satellite is currently planned to launch in the first half of 2023.

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Maxar-built Galaxy 31 and Galaxy 32 Satellites for Intelsat Performing Properly After Launch

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that Galaxy 31 and Galaxy 32, built for Intelsat, are performing as expected after being launched aboard a SpaceX Falcon 9 rocket from Cape Canaveral, Florida.

These two geostationary satellites will enable Intelsat, operator of the world's largest integrated satellite and terrestrial network and leading provider of inflight connectivity, to transfer its services—uninterrupted—as part of the U.S. Federal Communications Commission (FCC) plan to reallocate parts of the C-band spectrum for 5G terrestrial wireless services. Galaxy 31 and Galaxy 32 are the first of five satellites that Intelsat contracted Maxar to build for the C-band transition. All five satellites will be built on Maxar's proven 1300-class platform , which offers the flexibility and power needed for a broad range of customer missions.

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robot in front of cityscape

How to Invest in Robotics (Updated 2022)

The robotics industry is one of the largest markets in the technology space today, with applications across diverse sectors. However, this diversity may leave market watchers wondering how to invest in robotics.

In simple terms, robotics is defined as the "science and technology behind the design, manufacturing and application of robots." Robots themselves are devices that can perform tasks the same way people do, but without the assistance of human interaction.

Some experts believe a "robot revolution" will completely change the global economy over the next 20 years or so, and with the rise of robotics all but guaranteed, the Investing News Network has put together a primer on the sector. Read on to learn more.

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Maxar Technologies Reports Third Quarter 2022 Results

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) ("Maxar" or the "Company"), a provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced financial results for the quarter ended September 30, 2022.

Key points from the quarter include:

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Maxar Acquires AI and Software Engineering Company Wovenware to Bolster Machine Learning and 3D Data Production Capabilities

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that it has completed the acquisition of AI and software development company Wovenware . This acquisition significantly adds to Maxar's software engineering and AI capabilities and talent.

Founded in Puerto Rico in 2003, Wovenware has roughly 150 employees specializing in software development, service design, artificial intelligence and geospatial production. The company will become one of Maxar's software development and AI/machine learning (ML) centers of excellence, with its software delivery experts partnering closely with other Maxar teams to develop new solutions for customers.

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Maxar Technologies Third Quarter 2022 Investor Call Scheduled for Thursday, November 3, 2022

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) plans to release its third quarter 2022 financial results after the market closes on Thursday, November 3, 2022.

Maxar President and Chief Executive Officer, Daniel Jablonsky, and Executive Vice President and Chief Financial Officer, Biggs Porter, will host an earnings conference call the same day, reviewing the third quarter results, followed by a question and answer session. The call is scheduled to begin promptly at 3:00 p.m. MT (5:00 p.m. ET).

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