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Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, and Umbra, a technology company, today announced an agreement to provide Maxar with dedicated capacity from satellites in Umbra's synthetic aperture radar (SAR) imagery constellation, making that data available in Maxar's portfolio of Earth Intelligence products and services.
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Singapore National Stadium is shown in an Umbra Synthetic Aperture Radar (SAR) image on the left and a Maxar WorldView-3 satellite image on the right. (Credit: Maxar Technologies and Umbra)
The combined offering, which is expected to be available starting in Q2 2023 and be fully integrated by 2024, will represent the most advanced multisource geospatial intelligence solution for a wide range of government and commercial missions. Maxar will provide customers with assured access to the highest resolution commercially available Earth observation data taken day and night and in all weather conditions. This capability will also augment the high-revisit capabilities of WorldView Legion, Maxar's next generation satellite constellation, enabling customers to see change in near real-time.
"Maxar and Umbra are breaking new ground for the geospatial intelligence industry with this multisource offering—though optical and SAR imagery are highly complementary, collection management across these sources has historically been siloed," said Dan Jablonsky, Maxar's President and Chief Executive Officer. "By integrating dedicated capacity from Umbra satellites into our secure ground infrastructure, we can help our Access customers derive real-time insights from the highest resolution electro-optical and SAR data in the industry. Once combined with Maxar's best-in-class geospatial analytics capabilities, this data will help customers more easily achieve mission success, particularly for defense missions."
Maxar and Umbra have complementary capabilities that enable the delivery of the most advanced commercially available SAR data. Umbra's SAR satellites can see through clouds, smoke and total darkness with industry-leading resolution, licensed down to 13 cm. Maxar will leverage decades of SAR processing expertise, as well as its own high-resolution optical imagery and 3D datasets, to further enhance the original SAR data and deliver more actionable insights.
"We are thrilled to partner with Maxar and integrate our industry-leading SAR data into their platform. Maxar is a world-renowned Earth Intelligence provider, so for Umbra to be chosen as their first ever SAR dedicated access partner is a huge vote of confidence both for Umbra and for the overall value that SAR data brings to customers," said David Langan, Umbra's Co-Founder and Chief Executive Officer.
"This agreement will energize commercial SAR utilization world-wide and will support Umbra's ambitions of building and growing a robust commercial business case," said Gabe Dominocielo, Umbra's Co-Founder and President.
Umbra's SAR data will first be integrated into Maxar's Rapid Access Program (RAP) platform, which provides customers with a secure web interface to virtually task Maxar's high-resolution satellites through on-demand access windows.
To learn more about the new combined SAR offering, visit https://www.maxar.com/products/radar-imagery .
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 .
About Umbra
Umbra is a technology company that offers Earth intelligence data as a service to both commercial and government customers. Our cutting-edge products help customers solve complex business and security challenges. Umbra is a U.S. owned and operated company headquartered in Santa Barbara, California, and has a presence in Austin, and Washington, D.C. For more information, visit https://umbra.space .
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.
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Investor Relations Contact:
Jonny Bell
Maxar Investor Relations
1-303-684-5543
jonny.bell@maxar.com
Media Contacts:
Tomi Maxted
Maxar Media Relations
1-303-684-4162
tomi.maxted@maxar.com
Jon Galpern
Umbra Media Relations
1-805-618-4407
jon.galpern@umbra.space
