Maxar Technologies

Maxar Technologies

Earth intelligence and space infrastructure solutions

About Maxar Technologies

Simplify's Rating
Why Maxar Technologies is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Government & Public Sector

Aerospace

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$58.1M

Headquarters

Richmond Hill, Canada

Founded

1957

Overview

Maxar Technologies specializes in Earth intelligence and space infrastructure, providing essential solutions for both government and commercial clients. The company offers services that help clients monitor and understand the complexities of our planet, including global broadband communications and advanced capabilities for space exploration. Maxar's products work by utilizing decades of mission expertise and commercial technology to deliver reliable data quickly and cost-effectively. What sets Maxar apart from its competitors is its focus on providing high-value solutions that meet the precise needs of clients requiring accurate data for decision-making. The company's goal is to enable clients to navigate and respond to the changing environment effectively.

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Simplify's Take

What believers are saying

  • Increased demand for satellite imagery due to climate change monitoring.
  • Growing interest in GPS-free navigation aligns with Maxar's 3D map development.
  • Artemis Program could boost demand for space infrastructure and satellite services.

What critics are saying

  • Data breaches could lead to reputational damage and legal liabilities.
  • Recent layoffs may impact morale and productivity, affecting project timelines.
  • Significant R&D investment in GPS-free navigation could strain financial resources.

What makes Maxar Technologies unique

  • Maxar specializes in complete space solutions and geospatial intelligence.
  • The company leverages decades of mission expertise for high-value solutions.
  • Maxar provides critical solutions for government and commercial clients globally.

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Funding

Total Funding

$58.1M

Above

Industry Average

Funded Over

4 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Company News

Securities.io
Feb 14th, 2025
The Artemis Mission: Fly Me To The Moon (Again)

The Artemis ProgramThe last time mankind walked on the Moon was in December 1972, now more than 50 years ago. This fact has been a constant disappointment for space enthusiasts, especially considering the ambitious, bright future of space exploration that seemed to be waiting for us in the 1970s.But budget cuts, technological limitations, and the end of the Cold War have put a halt to manned space programs, with currently the farthest people traveling to space staying in Earth's orbit in the ISS, itself likely to be decommissioned soon.Luckily, a new wave of space exploration is coming, with the heating up of a new space race. This race is propelled by the progress made by companies like SpaceX, radically decreasing the cost of reaching orbit, as well as the ascendance of China as a world power, actively competing with the US and its allies for the establishment of lunar and maybe even Martian bases.It is in this context that NASA has designed the Artemis missions, named after the Greek goddess of the Moon, along with contributions by various space agencies.The program's long-term goal is to establish a permanent base on the Moon, to later further the possibility of off-world manufacturing and to facilitate human missions to Mars.The program has however a troubled history, with multiple delays in the past and likely more to come, and might be overhauled in some aspect before it ends, notably regarding its rocket launcher, the SLS.Still, with a Trump administration including Elon Musk, and an overall a goal to “make America great again”, it is clear that succeeding in this new space race will be as much a matter of national pride as a question of scientific and engineering progress.Not A Repeat Of ApolloLumped together in the Artemis Program is a series of separate missions building onto one another. This is done so that each key technology can be tested one at a time, maximizing the success chances and the safety of the astronauts, while also building the required infrastructures for long-duration stay on the Moon.This is very different from the spirit of the Apollo missions which were all designed for very short visits, the longest being 75 hours with Apollo 17 , mostly aiming at national prestige and collection of rock samples.The Artemis program is a massive international project, involving the USA, Canada, EU, UK, and many other countries as part of the Artemis Accords .The Artemis Accords focus on a peaceful and transparent exploration of the Moon, with principles of interoperability, emergency assistance, avoiding interference between programs, timely open release of scientific data, and the preservation of space heritage.Why Stay On The Moon?Besides the scientific interest of a stay on the Moon, allowing for a much deeper understanding of Earth's only natural satellite, there are many practical reasons for a semi-permanent or permanent human presence on the Moon.Testing What WorksThe first one is that this makes for a very good location to test permanent off-Earth settlements. Thanks to the close proximity to Earth, it is easier to send more cargo at a lower cost than on more distant planetary bodies like Mars.This short distance also puts any emergency resupply or rescue effort at only a 3-day flight, instead of months and years. So with a lot of yet unproven technologies and concepts to be deployed on the Artemis program, it makes sense to calculate the possibility of quick intervention in case something goes wrong.A Stepping Stone For MarsOnce a sustained stay is established on the Moon, more ambitious programs like the first human landing on Mars could be considered

GeoWeek News
Jan 21st, 2025
Discovering the Questions You Don't Know Yet to Ask About the Geospatial Industry

That was something Maxar CEO Dan Smoot mentioned on the stage at GeoBuiz Summit 2025, and that message permeated the event.

TerraWatch Space
Dec 16th, 2024
Last Week in Earth Observation: December 16, 2024

Vaisala, a vertically integrated weather intelligence firm is acquiring the WeatherDesk business from Maxar for $70M.

SpaceNews
Dec 11th, 2024
Maxar partners with Satellogic to enhance monitoring for defense agencies

Maxar partners with Satellogic to enhance monitoring for defense agencies.

Silicon UK
Dec 4th, 2024
Maxar Intelligence Announces Partnership with TD SYNNEX

Maxar Intelligence, provider of secure, precise geospatial sights, today announced a new partnership with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem.

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