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Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that its longtime partner Esri has signed a multi-million dollar contract extension to continue licensing data for the ArcGIS Living Atlas of the World through 2023. This expanded agreement ensures access to Maxar imagery by the millions of ArcGIS users worldwide. It also provides expanded rights to empower the growing community of Esri developers focused on commercial location-based applications to integrate Maxar imagery products for the first time.
Esri recently named Maxar a 2020 Cornerstone Partner , marking a 20-year partnership of dedication to the geographic information systems (GIS) community. Maxar continues to be Esri's foundation imagery provider, supplying high-resolution satellite imagery for the Living Atlas of the World, a collection of geographic information layers and data sets for the world, including maps, apps and data layers and population statistics of all types. These Maxar products are available in the Living Atlas:
- Vivid and Metro are the highest resolution, most accurate and visually consistent global imagery basemaps made from Maxar satellite imagery available on the market.
- NaturalVue® 2.0 is an image mosaic that combines more than 60,000 Landsat 8 images to create a seamless, virtually cloud-free, 15-meter basemap that reflects the Earth's true colors.
- National Urban Change Indicator ( NUCI ) is a commercial urban change detection product that highlights areas of new construction activity by isolating changes that persist over time, derived from more than 13,000 Landsat images.
"Maxar is exceptionally proud to continue its longstanding partnership with Esri, one of many organizations whose users demand the unrivaled quality of our imagery products," said Dan Jablonsky, Maxar CEO. "The investments we're making in our next-generation WorldView Legion satellites ensure that we will be able to continue delivering these imagery products to our customers for many years to come."
"Esri is excited to leverage the power of Maxar's commercial imagery as a key component of our global Living Atlas. Their offerings provide our company with exceptional quality, both in resolution and geometric accuracy," said Jack Dangermond, Esri Founder and President. "While many of our GIS and mapping customers already use Maxar's multi-band imagery with Esri's powerful image processing software, this new agreement is a game-changer. It will open up Maxar's beautiful global imagery to Esri's rapidly growing community of location-focused app developers, enabling them to leverage Esri's next generation geospatial APIs to easily integrate Maxar's imagery into their applications."
About Maxar
Maxar is a trusted partner and innovator in Earth Intelligence and Space Infrastructure. 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 4,000 team members in 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
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 in the 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.
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Investor Relations Contact:
Jason Gursky
Maxar VP, Investor Relations and Corporate Treasurer
1-303-684-2207
jason.gursky@maxar.com
Media Contact:
Turner Brinton
Maxar Media Relations
1-303-684-4545
turner.brinton@maxar.com
