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Maxar Takes Hit from SiriusXM Satellite Loss, Pushes Legion Launch to Q4

Maxar’s headquarters. Photo: Maxar Technologies Maxar Technologies saw a slight boost in first quarter revenue in 2021 compared to 2020, but posted a net loss of $84 million, including a $28 million charge related to the failure of the SXM-7 satellite. In addition, delays on the WorldView Legion program have pushed the first satellite launch to the fourth quarter.  The net loss of $84 million in Q1 2021 compares to a net loss of $48 million in Q1 2020. Overall, Maxar reported $392 million in...
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(MAXR) - Why Maxar Technologies Is Selling Off Today

Share: Maxar Technologies Inc (NYSE: MAXR) is selling off sharply Tuesday morning after the company reported worse-than-expected earnings and revenue results for the first quarter.  What Happened: Maxar Technologies reported first-quarter earnings of ($1.30) per share, which came in well below the estimate for earnings of $1.06 per share. The company reported revenue of $392 million, missing the consensus estimate of $560.3 million. "We continued this quarter to make progress toward achiev...
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Space Industry Leader Mike Gold Joins Redwire as Executive Vice President of Civil Space Business Development and External Affairs

Press release content from PR Newswire. The AP news staff was not involved in its creation. Space Industry Leader Mike Gold Joins Redwire as Executive Vice President of Civil Space Business Development and External Affairs April 6, 2021 GMT JACKSONVILLE, Fla., April 6, 2021 /PRNewswire/ -- Redwire, a new leader and innovator in mission critical space solutions and high reliability components for the next generation space economy, announced today the hiring of Mike Gold as Executive Vice Preside...
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Source: apnews.com

Maxar Technologies Announces Launch of Common Stock Offering

Maxar Technologies Announces Launch of Common Stock Offering Maxar Technologies Inc. a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced the commencement of an underwritten public offering of $400 million of shares of common stock, par value $0.0001 per share, of the Company. The Company intends to grant to the underwriters of the offering a 30-day option to purchase up to $60 million of additional shares of common stock. The … Maxar Technologies I...
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Maxar Technologies Reports Fourth Quarter and Full-Year 2020 Results

Maxar Technologies Reports Fourth Quarter and Full-Year 2020 Results Maxar Technologies a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced financial results for the quarter and year ended December 31, 2020. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted. Key points from the year include: Consolidated revenues from continuing operations of $1,723 million Net income of $303 million Diluted loss … Maxar...
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Why Maxar Technologies Stock Is Green on a Red Day for the Market

Author Bio I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories...
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Source: fool.com

Wellington.scoop.co.nz » University students to benefit from space tech agreement

Press Release – Ministry of Business Innovation and Employment New Zealand universities will be the first to benefit from a memorandum of understanding between the Ministry of Business, Innovation and Employment (MBIE) and global space and data analytics company Maxar Technologies. Maxar and MBIE have agreed on potential areas of collaboration, including use of advanced Earth observation satellites and data analytics, space technologies and science-technology-engineering and mathematics (STEM...
United States New Zealand General New Zealand Dan Jablonsky Peter Crabtree Ministry Of Business Innovation

Community Scoop » New Zealand Universities First To Benefit From Space Tech Agreement

Press Release – Ministry of Business Innovation and Employment New Zealand universities will be the first to benefit from a memorandum of understanding between the Ministry of Business, Innovation and Employment (MBIE) and global space and data analytics company Maxar Technologies. Maxar and MBIE have agreed on potential … New Zealand universities will be the first to benefit from a memorandum of understanding between the Ministry of Business, Innovation and Employment (MBIE) and global sp...
United States New Zealand General New Zealand Dan Jablonsky Peter Crabtree Ministry Of Business Innovation

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