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/PRNewswire/ -- Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced...
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 revenue in Q1, up 3% from the year prior. Maxar’s Earth Intelligence segment brought in $250 mill...
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 achieving our longer-term targets, including efforts to drive sustainable growth in both our Earth Intelli...
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 President of Civil Space Business Development and External Affairs, effective April 5, 2021. Gold joins Red...
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 Inc. (NYSE:MAXR) (TSX:MAXR) (“Maxar” or the “Company”), a trusted partner and innovator in Ea...