Emerging Technology

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that its Board of Directors declared a regular quarterly dividend of one cent ($0.01) per share. The dividend is payable on June 30, 2022, to shareholders of record as of the close of business on June 15, 2022.

About Maxar

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 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 .

Forward-Looking Statements

This press release may contain forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Any such forward-looking statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements, including those included in the Company's filings with U.S. securities and Canadian regulatory authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as may be required under applicable securities law.

Investor Relations Contact:
Jason Gursky
Maxar VP, Investor Relations and Corporate Treasurer
1-303-684-2207
jason.gursky@maxar.com

Media Contact:
Fernando Vivanco
Maxar Media Relations
1-720-877-5220
fernando.vivanco@maxar.com

News Provided by Business Wire via QuoteMedia

MAXR:CA,MAXR

Maxar Technologies To Discuss EOCL Award on May 25, 2022, Tightens FY2022 Guidance Range

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) ("the Company"), provider of comprehensive space solutions and secure, precise, geospatial intelligence, will discuss at 11:30 a.m. ET on May 25, 2022, the Electro-Optical Commercial Layer (EOCL) award announced earlier today by the U.S. National Reconnaissance Office (NRO).

FY2022 Updated Guidance Range : Management has tightened the 2022 Revenue and Adjusted EBITDA ranges by $30M around the same midpoint for Earth Intelligence, as well as total company results. Earth Intelligence Revenue guidance is between $1,170M and $1,220M, and Earth Intelligence Adjusted EBITDA guidance is between $520M and $555M. Total company Revenue guidance is between $1,805M and $1,855M, and total company Adjusted EBITDA guidance is between $455M and $505M.

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NRO Awards Maxar a 10-Year Contract Under the Electro-Optical Commercial Layer Acquisition

Maxar Technologies (NYSE:MAXR)(TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, announces the award of an Electro-Optical Commercial Layer (EOCL) contract by the U.S. National Reconnaissance Office (NRO). EOCL, a five-year base contract with five additional years of options through 2032, represents the largest ever commercial imagery acquisition contract awarded by the NRO. Under the award agreement, Maxar will continue to provide high-resolution commercial satellite imagery in support of the U.S. defense and intelligence community and missions carried out in partnership with U.S. allies and partners.

The EOCL contract will transition the imagery acquisition requirements currently addressed by the EnhancedView Follow-On (EVFO) and its predecessor contracts, held by Maxar for over two decades. EOCL's expanded scope and value includes Foundation, Intelligence Area and Points collection plus the additional capabilities of shortwave infrared, non-Earth imaging, nighttime imaging and theater direct downlink. EOCL's five-year base and five one-year options, as well as its flexible contract structure, allows for increased technology innovation and capability development, demonstrating an important commitment by the U.S. Government to increase its utilization of commercial imagery.

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Maxar Awarded Spot on JAIC Basic Ordering Agreement for AI Data Readiness

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced it was awarded a spot on a Joint Artificial Intelligence Center (JAIC) Basic Ordering Agreement (BOA) with a ceiling value of $241M over five years.

Under this award, Maxar will support the U.S. Department of Defense (DOD) and the JAIC's Data Readiness for Artificial Intelligence Development (DRAID) program with software development as well as data science, engineering, analysis, standards and architecture services.

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Maxar Technologies Reports First 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 March 31, 2022. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.

Key points from the quarter include:

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Maxar Technologies First Quarter 2022 Investor Call Scheduled for Monday, May 9, 2022

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) plans to release its first quarter 2022 financial results after the market closes on Monday, May 9, 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 first 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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Maxar Awarded $202M in U.S. Government Mission Support Contracts

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced it was awarded U.S. Government mission support contracts in Q1 2022 worth up to $202 million over a six-year period.

The total includes 27 awards across nine U.S. government customers—eight of which are Department of Defense or Intelligence Community organizations—for work including artificial intelligence and machine learning applications, advanced data analytics, software development, data conditioning, geospatial production and dissemination, maritime domain awareness, and training and development.

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