Maxar to Provide Environmental Monitoring for Government of Guyana
Maxar Technologies (NYSE:MAXR) has secured a three-year contract with the Guyana Ministry of Natural Resources for environmental monitoring services. This agreement marks Maxar's first Crow’s Nest contract in Latin America and the Caribbean, focusing on offshore petroleum monitoring and illegal deforestation tracking. Guyana's economy has benefited from offshore oil discoveries, and this partnership aims to sustainably manage these resources. Maxar's technologies, including the Crow’s Nest Maritime Monitoring and SecureWatch, will support regulatory compliance and environmental protection efforts.
- Secured a three-year contract with the Guyana Ministry of Natural Resources for environmental monitoring services.
- First Crow’s Nest contract in Latin America and the Caribbean, indicating market expansion.
- Utilization of high-resolution satellite technology for effective monitoring of offshore activities.
- None.
This Maxar WorldView-3 image, collected
Guyana’s
The agreement with
Guyana’s economy has grown significantly as a result of the influx of capital from newly discovered offshore oil and gas resources, and
Also included in the agreement, the
-
SecureWatch: This cloud-based platform provides on-demand access to
Maxar's high-accuracy, high-resolution satellite imagery and analytics. - Persistent Change Monitoring (PCM): PCM highlights human changes in an area and displays persistent change accessibly as a color-coded geospatial data layer.
- Imagery tasking capabilities.
“Maxar’s geospatial data and analytics will help MNR protect the environment for future generations while also sustainably developing the extraction of Guyana’s natural resources for long-term economic gains,” said Hon. Vickram Bharrat, M.P, Guyana’s Minister of Natural Resources.
“Maxar is the only company that can offer these diverse environmental monitoring technologies under a single contract,” said
About
About the
MNR’s mission is to develop, implement and oversee policies for the responsible exploration, development and utilization of natural resources whilst ensuring the protection and conservation of the environment and advancement of the green economy.
Forward-Looking Statements
This press release may contain forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Any such forward-looking statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements, including those included in the Company’s filings with
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