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Maxar Technologies (NYSE:MAXR) announced it secured $202 million in U.S. Government mission support contracts in Q1 2022, spanning six years. The contracts encompass 27 awards from nine U.S. government clients, with eight being Department of Defense or Intelligence Community organizations. Work includes applications in AI, data analytics, software development, and geospatial production. CEO Dan Jablonsky emphasized Maxar's commitment to national security through advanced geospatial intelligence. The company showcases its capabilities at the GEOINT 2022 Symposium in Aurora, Colorado.
Maxar Technologies (NYSE:MAXR) announced a regular quarterly dividend of $0.01 per share. This dividend will be paid on June 30, 2022, to shareholders of record as of June 15, 2022. Maxar continues to provide tailored space solutions and geospatial intelligence to both government and commercial customers, promoting advancements in global broadband communications and space exploration. The company's strong foundation and expertise enable it to deliver effective solutions and insights, addressing the intricate challenges of our changing planet.
Maxar Technologies (NYSE:MAXR) has announced a strategic investment in Blackshark.ai, a leader in AI-powered geospatial analytics. This partnership aims to enhance Maxar's 3D Earth Intelligence product lineup. Utilizing Maxar's Vivid satellite imagery, Blackshark will develop photo-realistic 3D maps for various industries, including gaming and simulation. The investment not only extends Maxar's market reach but also opens new revenue streams, integrating robust geospatial capabilities with innovative AI solutions.
Maxar Technologies (NYSE:MAXR) has announced its participation in the J.P. Morgan Industrials Conference on March 17, 2022, at 6:40 a.m. PST / 9:40 a.m. EST in New York, NY. Senior management will present at this event, with details subject to change. The presentation will be accessible via webcast on the Maxar Investor section of their website.
Maxar is a leader in space solutions and geospatial intelligence, committed to delivering value for government and commercial clients through innovative technologies.
Aurora Insight, a business analytics firm, announced a strategic investment from Maxar Technologies (NYSE:MAXR), aimed at accelerating Aurora's satellite technology development. Maxar's investment will enhance Aurora's capabilities in measuring the global RF environment, assisting both government and commercial clients. This partnership will combine Aurora's RF spectrum mapping with Maxar's geospatial solutions to create advanced insights for the 5G era and beyond. Aurora Insight's CEO, Jennifer Alvarez, expressed excitement over this collaboration, emphasizing the benefits for customers in spectrum data.
Maxar Technologies (NYSE:MAXR) announced its financial results for the fourth quarter and full-year 2021. The company reported consolidated revenues of $468 million in Q4 and $1.77 billion for the year, with a net income of $71 million for Q4 and $46 million for the year. Adjusted EBITDA for Q4 was $112 million, yielding a margin of 23.9%. Notably, the Earth Intelligence segment saw revenue growth of $31 million in Q4. However, there was an overall decrease in order backlog to $1.89 billion.
Maxar Technologies (NYSE:MAXR) announced upcoming presentations by senior management at several investor conferences. Key events include the Barclays Industrial Select Conference on February 23, 2022, in Miami, where the webcast will be available on their investor website. Following this, Maxar will participate in Citi's Global Industrial Tech and Mobility Conference on February 24 and the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 2, 2022, both offering 1x1 meetings only. Maxar is known for its space solutions and geospatial intelligence.
Maxar Technologies (NYSE:MAXR) has declared a regular quarterly dividend of $0.01 per share, payable on March 31, 2022, to shareholders of record as of March 15, 2022. This decision highlights the company's ongoing commitment to returning value to its investors. Maxar, a leader in space solutions and geospatial intelligence, continues to demonstrate its resilience and financial health amidst a dynamic market.
For further details, shareholders can visit www.maxar.com.
Maxar Technologies (NYSE:MAXR) is set to release its fourth quarter 2021 financial results after market close on February 22, 2022. CEO Daniel Jablonsky and CFO Biggs Porter will host an earnings conference call at 3:00 p.m. MT (5:00 p.m. ET) on the same day, followed by a Q&A session. Interested participants must register in advance to receive dial-in information. A replay of the call will be available from February 22 at 6:00 p.m. MT until March 8 at 9:59 p.m. MT.
Maxar Technologies (NYSE: MAXR) has announced a new five-year agreement with European Space Imaging and Space Imaging Middle East, continuing an 11-year partnership. The contract will secure dedicated capacity on Maxar's WorldView satellite imaging constellation, enhancing access to high-resolution satellite imagery for government and commercial organizations in Europe, Northern Africa, and the Middle East. This agreement includes upgrades allowing access to next-gen WorldView Legion satellites, ensuring the provision of quality satellite data for various applications, such as border security and disaster response.
