Maxar Technologies Reports Growth in its Geospatial Subscription Products Line
Maxar Technologies (NYSE:MAXR) (TSX:MAXR.TO), a global technology innovator powering the new space economy, today announced significant customer growth for its subscription data products line, which includes SecureWatch, EarthWatch, Spatial on Demand and GBDX.
With Maxar's cloud-based geospatial subscription products, a wide variety of customers are solving location-based problems by leveraging premium content that includes the world's highest resolution, most accurate commercial satellite imagery. Customers can log-in on any internet-connected device to securely use imagery and analytics of any place on the planet and they only pay for what they view, stream or download.
"In the past year, we have more than doubled the number of the customers that rely on Maxar's subscription products to inform their decision-making," said Jeff Culwell, Maxar's Chief Product Officer. "These products combine the unrivaled quality of Maxar's imagery with additional data sources, cloud computing and machine learning technology in ways that provide unique value to our customers."
SecureWatch, a product for on-demand access to geospatial intelligence (GEOINT), enables government agencies to monitor areas of interest using multisource data from Maxar's WorldView constellation, MDA's RADARSAT-2 satellite and industry partner data to interpret activities on Earth using multispectral bands and analytics. The platform enables analysts to quickly produce imagery to their specific needs and create graphical intelligence reports that users rely on to make mission-critical decisions with confidence. Forty customers ranging from ministries of defense and intelligence agencies to national mapping agencies now use SecureWatch for applications such as mission planning, border and facility monitoring and disaster response.
EarthWatch, a product for viewing, streaming and downloading Maxar's industry-leading geospatial data, gives commercial customers access to a comprehensive suite of products, including Maxar's 100-petabyte optical satellite imagery library, while allowing them to incorporate analytics to extract insights at scale for better and faster decision-making.
Within a year of EarthWatch's release, 70 international customers from a variety of industries have subscribed to the product, such as information and analysis customers like Jane's by IHS Markit, automotive customers like Ushr, insurance customers like Betterview, and governments and non-government organizations like South African National Space Agency (SANSA), Vulcan's Skylight, iMMAP, Agencia Nacional de Mineria, Colombia, Western Riverside County Regional, California, USA, Municipalidad de Cartago, Costa Rica, and Municipalidad de Liberia, Costa Rica.
Spatial on Demand, an imagery and geospatial data platform built specifically for the energy industry, integrates with the workflows and software of energy customers, enabling them to explore and oversee operations and facilities on a global scale and monitor pipelines and right-of-ways over vast distances without leaving their office. More than 50 energy industry customers, such as ConocoPhillips, Anadarko and Pioneer Natural Resources, trust Spatial on Demand to monitor their critical assets, host and manage their proprietary geospatial data and inform their decision-making.
GBDX, Maxar's Geospatial Big Data analytics platform, empowers customers with full access to the company's deep and ever-expanding imagery library hosted side-by-side with the compute power needed to train and deploy machine learning models on a global scale. GBDX's functionality enables customers to extract location intelligence from satellite imagery, enabling decision-making with confidence, speed and at scale. TRI-AD, Toyota's automated driving software development company, and NTT DATA Corporation use GBDX to detect and map roads to create high-definition maps of urban environments for autonomous vehicles.
Learn more about the Maxar product suite on our website, which includes free trials and demos.
The operations of DigitalGlobe, SSL and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. The operations of DigitalGlobe, SSL and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization. As a trusted partner with 5,900 employees in over 30 global locations, Maxar provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.
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SOURCE: Maxar Technologies
Investor Relations Contact:Jason GurskyMaxar VP Investor Relations1email@example.comMedia Contact:Kristin CarringerMaxar Media Relations1-303-684-4352Kristin.Carringer@digitalglobe.com