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MAXR

Maxar Technologies

$21.10 /

+0.88 (+4.35%)

13:47
01/21/20
01/21
13:47
01/21/20
13:47

Maxar Technologies pops after inking deal with Netherlands Ministry of Defense

Over this past weekend,Maxar Technologies announced the Defence Geographic Agency, DGeo, of The Netherlands Ministry of Defense signed a multi-million dollar, multi-year subscription to SecureWatch, the company's cloud-based geospatial intelligence, GEOINT, platform. DGeo will leverage SecureWatch to enrich its geospatial foundation data holdings and derivative product portfolio that aid critical decision-making within The Netherlands Ministry of Defence, MoD. Through SecureWatch, DGeo will have access to Maxar's 110-petabyte, high-resolution satellite imagery library, daily imagery collections, Vivid and Metro imagery mosaics, FirstLook service and synthetic aperture radar data from MDA's RADARSAT-2 satellite. When the WorldView Legion constellation imagery is available after the first satellites launch in early 2021, DGeo will also access it via SecureWatch. The abundance and variety of geospatial data available in SecureWatch will inform and support the MoD's information-driven activities such as mission planning, disaster response and border security, among other purposes. "Maxar is delighted to bring DGeo and the Dutch MoD ecosystem into SecureWatch's ever-growing community of subscribers," said Tony Frazier, Maxar's Executive Vice President of Global Field Operations. "As one of the largest SecureWatch awards to date, this contract is the culmination of a careful consultation process with DGeo, ensuring that Maxar's solution has the greatest impact on their work. SecureWatch, with its mission-centric design and depth of content, fits DGeo's requirements perfectly." Shares of Maxar Technologies are up 4.20% or 84c to $21.04 per share in afternoon trading on Tuesday.

MAXR Maxar Technologies
$21.10 /

+0.88 (+4.35%)

01/15/20 Credit Suisse
Maxar Technologies upgraded to Neutral from Underperform at Credit Suisse
01/08/20 JPMorgan
Maxar Technologies price target raised to $25 from $15 at JPMorgan
12/30/19 Raymond James
Maxar Technologies downgraded to Market Perform from Outperform at Raymond James
12/19/19 CIBC
Maxar Technologies upgraded to Neutral from Underperformer at CIBC

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