WESTMINSTER, Colo. (Maxar Technologies PR) — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced its intent to exercise its call option to take full ownership of 3D data and analytics firm Vricon, Inc., for approximately $140 million, or approximately $115 million net of estimated cash at closing.
To fund the transaction, Maxar intends to issue $150 million in aggregate principal amount of new senior secured notes. Maxar has also agreed to repurchase $150 million in aggregate principal amount of existing notes using the proceeds of the recent sale of its MDA business.
Contracts in place with U.S. manufacturers Maxar Technologies and Northrop Grumman
McLean, Va. (Intelsat PR) – Intelsat, operator of the world’s largest integrated satellite and terrestrial network, today announced that it has contracted for new satellites with U.S. manufacturers, a necessary step to meet the accelerated C-band spectrum clearing timelines established by the Federal Communications Commission (FCC) earlier this year.
Intelsat has entered into two new agreements; one with Maxar Technologies to build and deliver four satellites, and another with Northrop Grumman to build and deliver two satellites. Intelsat is currently in negotiations with manufacturers for a seventh satellite required to support its C-band transition.
HUNTSVILLE, Ala. (NASA PR) — NASA and 11 commercial partners recently completed a series of technical studies, demonstrations and ground prototypes for 21st Century human landing systems. The Next Space Technology Exploration Partnerships (NextSTEP) Appendix E work helped the agency refine its Artemis program requirements for the companies competing to build the landers that will take American astronauts to the Moon throughout this decade.
LOS ANGELES (Techstars PR) — Today Techstars announce the 10 companies joining the second class of the Techstars Starburst Space Accelerator, typically located in Los Angeles but running virtually this summer due to COVID-19.
Over the next three months these companies will rapidly accelerate their businesses by working closely with Techstars, Starburst, our network of expert mentors, and our formal sponsors from industry and government: NASA’s Jet Propulsion Laboratory, Lockheed Martin, Maxar Technologies, SAIC, Israel Aerospace Industries North America, and the U.S. Air Force, with support from The Aerospace Corporation. Our Demo Day is on September 9, 2020.
WASHINGTON (NASA PR) — NASA has finalized the contract for the initial crew module of the agency’s Gateway lunar orbiting outpost.
Orbital Sciences Corporation of Dulles, Virginia, a wholly owned subsidiary of Northrop Grumman Space, has been awarded $187 million to design the habitation and logistics outpost (HALO) for the Gateway, which is part of NASA’s Artemis program and will help the agency build a sustainable presence at the Moon. This award funds HALO’s design through its preliminary design review, expected by the end of 2020.
MOJAVE, Calif. (Masten Space Systems PR) — Imagine having the opportunity to send your payload to the lunar surface. Not next decade, but in 2022!
Well, that’s the incredible opportunity that the NASA Commercial Lunar Payload Services (CLPS) project — and Masten Space Systems — has presented for 8 visionary teams and their instruments. Each and every one is cool in their own way and we couldn’t be prouder to be the lunar lander company that will set them down safely on the surface of the Moon.
NASA has decided to add Airbus Defence and Space GEO Inc. to its growing list of companies from which the space agency will purchase commercial optical and radar satellite imagery.
NASA published a public notice earlier this month that it plans to acquire Airbus imagery as part of its Commercial Smallsat Data Acquisition Program (CSDAP). The commercial imagery complements data collected by NASA’s satellites.
HUNTSVILLE, Ala. (Dynetics PR) — Dynetics, a wholly owned subsidiary of Leidos (NYSE: LDOS), has been awarded a contract under NASA’s Artemis program to design a Human Landing System (HLS) and compete to build a system to take the first woman and next man to the lunar surface by 2024.
Dynetics is one of three prime contractors selected.
On April 15, 2020, Maxar Technologies completed an important milestone in building Psyche, a spacecraft that will launch in 2022 to explore a metallic asteroid orbiting the Sun between Mars and Jupiter. The milestone, called the solar electric propulsion chassis critical design review (CDR), marks the end of the spacecraft engineering phase and the start of the manufacturing phase.
We spoke with Peter Lord, Maxar’s Technical Director and Deputy Program Manager for Psyche, to learn about the importance of the CDR milestone and to hear the latest updates on the program.
WESTMINSTER, Colo., April 8, 2020 (Maxar PR) — Maxar has activated its standing pandemic crisis response plan to protect the health and safety of its team members, families, customers and communities while continuing to meet our commitments to customers. Our mitigation strategies cover employee preparation, travel, security, supply chain, virtual work, facility preparation and communications.
WESTMINSTER, Colo., April 8, 2020 (Maxar PR)– Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced it has closed the sale of MDA, previously a wholly owned subsidiary of the company, to a consortium of investors led by Northern Private Capital for CAD$1 billion. Net proceeds, including customary adjustments, and after application of currency hedges related to the transaction is expected to be approximately US$729 million.
GREENBELT, Md. (NASA PR) — NASA has selected a new mission to study how the Sun generates and releases giant space weather storms – known as solar particle storms – into planetary space. Not only will such information improve understanding of how our solar system works, but it ultimately can help protect astronauts traveling to the Moon and Mars by providing better information on how the Sun’s radiation affects the space environment they must travel through.
WASHINGTON (NASA PR) — NASA has selected the first two scientific investigations to fly aboard the Gateway, an orbital outpost which will support Artemis lunar operations while demonstrating the technologies necessary to conduct a historic human mission to Mars. The instruments selected for Gateway will observe space weather and monitor the Sun’s radiation environment.
NASA Associate Administrator Steve Jurcyk said on Friday that the first Artemis mission to the moon will not launch later this year but will hopefully fly in the mid- to late 2021 time frame.
It marks yet another delay in a program that is already running years behind schedule and billions of dollars over budget. The slip potentially makes the Trump Administration’s goal of landing astronauts at the south pole of the moon in 2024 more difficult to achieve.
KENNEDY SPACE CENTER, Fla. (NASA PR) — NASA has selected SpaceX of Hawthorne, California, to provide launch services for the agency’s Psyche mission. The Psyche mission currently is targeted to launch in July 2022 on a Falcon Heavy rocket from Launch Complex 39A at Cape Canaveral Air Force Station in Florida.
The total cost for NASA to launch Psyche and the secondary payloads is approximately $117 million, which includes the launch service and other mission related costs.