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Maxar Extends Satellite Capacity Agreement with European Space Imaging and Space Imaging Middle East

February 03, 2022

WESTMINSTER, Colo., Feb. 3, 2022 /PRNewswire/ -- Maxar Technologies (NYSE: MAXR) (TSX: MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced a new five-year agreement with European Space Imaging and Space Imaging Middle East, strategic partners serving customers in Europe, Northern Africa and the Middle East.

European Space Imaging and Space Imaging Middle East provide Maxar high-resolution satellite imagery to a wide spectrum of government and commercial organizations for applications including border security, disaster response and agriculture. Continuing an 11-year partnership, European Space Imaging has reserved dedicated capacity on Maxar's existing WorldView satellite imaging constellation, accessed directly via its ground station in Germany. The agreement also provides for upgrades to European Space Imaging's ground station that would allow it to access Maxar's next-generation WorldView Legion satellites.

"We're delighted to continue one of our longest and most important partnerships in this region," said Tony Frazier, Maxar EVP and General Manager, Public Sector Maxar Earth Intelligence. "This agreement ensures European and Middle Eastern customers will have access to the highest quality satellite imagery and innovative products, such as our 15 cm HD imagery. We are pleased that customers in Europe, Northern Africa and the Middle East will soon be able to take advantage of WorldView Legion's game-changing capabilities."

"This enduring alliance between Space Imaging Middle East, European Space Imaging and Maxar Technologies has been fundamental to the success of all parties involved for many years, and we are very pleased to see it extended further," said Maitha Juma, Chairperson of Space Imaging Middle East and European Space Imaging.

"Accessing the highest quality satellite data at unapparelled efficiency in the collection and delivery process will provide new business opportunities that will benefit both our team and the European Earth Observation community as a whole," said Adrian Zevenbergen, Managing Director of European Space Imaging.

About Maxar

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 4,400 team members in over 20 global locations are inspired to harness the potential of space to help our customers create a better world. For more information, visit www.maxar.com.

Forward-Looking Statements

Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this presentation.

Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this presentation. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with U.S. securities and Canadian regulatory authorities, which are available online under the Company's EDGAR profile at www.sec.gov, under the Company's SEDAR profile at www.sedar.com or on the Company's website at www.maxar.com.

The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this presentation as a result of new information or future events, except as may be required under applicable securities legislation.

Investor Relations Contact:

Jason Gursky
Maxar VP, Investor Relations and Corporate Treasurer
1-303-684-2207
jason.gursky@maxar.com

Media Contact:

Turner Brinton
Maxar Media Relations
1-303-684-4545
turner.brinton@maxar.com

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SOURCE Maxar Technologies Ltd

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