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NRO Exercises Radio Frequency Contract Option with Maxar
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Rhea-AI Summary
Maxar Technologies (NYSE:MAXR) has announced a Stage II contract extension for its subsidiary, Aurora Insight Inc., from the National Reconnaissance Office (NRO). This extension focuses on demonstrating the performance of commercial radio frequency (RF) remote sensing capabilities to meet U.S. government needs. Previously awarded a Stage I contract, Aurora Insight's work will enhance existing capabilities by mapping RF environments across various frequencies, including LTE and 5G. Tony Frazier, Maxar's EVP, expressed enthusiasm for demonstrating RF data's value for U.S. missions. The integration of RF with satellite imagery and analytics aims to bolster commercial and governmental applications. The company continues to position itself at the forefront of geospatial intelligence solutions.
Positive
Awarded a Stage II contract extension from NRO for commercial RF remote sensing.
Opportunity to demonstrate performance in real-world applications for U.S. government.
Integration of RF capabilities with satellite imagery and analytics to enhance offerings.
Negative
None.
WESTMINSTER, Colo.--(BUSINESS WIRE)--
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that Aurora Insight Inc., a company acquired by Maxar in December 2022, has received a Stage II contract extension from the National Reconnaissance Office (NRO) for commercial radio frequency (RF) remote sensing.
Aurora Insight, now part of Maxar’s Earth Intelligence business, was previously awarded the NRO’s Strategic Commercial Enhancements Broad Agency Announcement (BAA) Framework Stage I contract, which focused on the modeling and simulation of its capabilities to support the U.S. government’s current and future commercial RF reconnaissance needs. The Stage II option provides Maxar the opportunity to demonstrate real-world performance of its commercial RF constellation to support U.S. government missions.
Maxar will demonstrate how space-based mapping of the world’s RF environment can enhance and augment existing capabilities. Maxar’s RF measurements span a wide range of frequencies that include LTE, 5G, satellite communications, radars, GPS and other types of signals, and these measurements are being applied to commercial and government use cases. The Stage II award is an important step in getting commercial RF data to U.S. government users.
"We are honored to have the opportunity to demonstrate the value of commercial RF data to support key U.S. government mission needs,” said Tony Frazier, Maxar’s Executive Vice President and General Manager, Public Sector Earth Intelligence. “We are particularly excited to integrate RF capabilities with our industry-leading satellite imagery, 3D data, and analytics."
Jennifer Alvarez, co-founder and former CEO of Aurora Insight, who now leads Maxar’s RF solutions program, is scheduled to speak on the topic of “Radio Frequency Data – the Soundtrack to a Silent Movie” at the GEOINT 2023 Symposium, taking place May 21-24 in St. Louis, Missouri.
Maxar Technologies (NYSE:MAXR) (TSX:MAXR) is a provider of comprehensive space solutions and secure, precise, geospatial intelligence. We deliver disruptive value to government and commercial customers to help them monitor, understand and navigate our changing planet; deliver global broadband communications; and explore and advance the use of space. Our unique approach combines decades of deep mission understanding and a proven commercial and defense foundation to deploy solutions and deliver insights with unrivaled speed, scale and cost-effectiveness. Maxar’s 4,600 team members in over 20 global locations are inspired to harness the potential of space to help our customers create a better world. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.
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 U.S. securities and Canadian regulatory authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as may be required under applicable securities law.
What is the significance of Maxar's Stage II contract extension with NRO for MAXR investors?
The Stage II contract extension allows Maxar to showcase its RF remote sensing capabilities, which can lead to increased revenue from government contracts.
How does the NRO Stage II contract impact Maxar Technologies' business model?
The contract enhances Maxar's business model by integrating RF data with satellite services, making its offerings more comprehensive for government clients.
What are the key features of the RF solutions Maxar is developing?
Maxar's RF solutions include measurements across various frequencies like LTE, 5G, and satellite communications, aimed at both commercial and governmental applications.
When did Maxar acquire Aurora Insight and why is it relevant?
Maxar acquired Aurora Insight in December 2022, and its technologies are pivotal for fulfilling the NRO's reconnaissance needs.
What role does Tony Frazier play in Maxar's current projects?
Tony Frazier is the EVP at Maxar, focusing on demonstrating the value of commercial RF data for U.S. government missions.
