Maxar Technologies is a space technology company headquartered in Westminster, Colorado, United States, specializing in manufacturing communication, Earth observation, radar, and on-orbit servicing satellites, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017.
Maxar Technologies is the parent holding company of Space Systems Loral, headquartered in Palo Alto, California, US; DigitalGlobe, headquartered in Westminster, Colorado, US; and Radiant Solutions, headquartered in Herndon, Virginia, US. Maxar Technologies is dual-listed on the Toronto Stock Exchange and New York Stock Exchange as MAXR.
In May 2019, the company was selected as the provider of the power and propulsion element for the Lunar Gateway developed by NASA.
On December 30, 2019, the company announced that it had entered into a definitive agreement to sell MDA to a consortium of financial sponsors led by Northern Private Capital for CAD$1 billion (US$765 million). The sale includes all of MDA’s Canadian businesses, encompassing ground stations, radar satellite products, robotics, defense, and satellite components, representing approximately 1,900 employees.
On April 8, 2020, the sale of MDA to NPC officially closed. The newly formed privately-held Canadian company was named MDA.
Traded as: TSX: MAXR; NYSE: MAXR; Russell 2000 Component
Industry: Information technology services, Engineering services, Communications satellite
Founded: 1969
Founder: John S. MacDonald; Werner (Vern) Dettwiler
Subsidiaries: SSL, DigitalGlobe, Radiant Solutions, Vricon
Website: www.maxar.com