NASA Announces Launch Delay for Psyche Asteroid Mission

This illustration depicts NASA’s Psyche spacecraft (Credits: NASA/JPL-Caltech/ASU)

WASHINGTON (NASA PR) — NASA announced Friday the Psyche asteroid mission, the agency’s first mission designed to study a metal-rich asteroid, will not make its planned 2022 launch attempt.

Due to the late delivery of the spacecraft’s flight software and testing equipment, NASA does not have sufficient time to complete the testing needed ahead of its remaining launch period this year, which ends on Oct. 11. The mission team needs more time to ensure that the software will function properly in flight.

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Intuitive Machines-led Team Awarded $5 Million for Fission Surface Power Solution

A Fission Surface Power (FSP) reactor landed on the Moon by an Intuitive Machines Nova-M spacecraft. (Credit: Intuitive Machines)

HOUSTON (Intuitive Machines PR) – The Department of Energy and NASA awarded IX, a joint venture between Intuitive Machines and X-energy, a contract to conduct a one-year study to mature the design of a Fission Surface Power (FSP) solution that will deliver at least 40 kWe power flight system to the Moon by 2028.

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Maxar Technologies Announces Pricing of $500 Million Senior Secured Notes Offering; Expects to Complete Amendment and Extension of its Credit Facilities

WESTMINSTER, Colo. (Maxar Technologies PR) — Maxar Technologies (NYSE:MAXR) (TSX:MAXR) (“Maxar” or the “Company”), a provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced the pricing of the previously announced offering of its $500 million in aggregate principal amount of 7.75% senior secured notes due 2027 (the “notes”). The notes were offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The notes will have an interest rate of 7.75% per annum and will be issued at a price equal to 100% of their face value.

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Maxar Technologies Announces Launch of $500 Million Senior Secured Notes Offering

WESTMINSTER, Colo. (Maxar Technologies PR) –Maxar Technologies (NYSE:MAXR) (TSX:MAXR) (“Maxar” or the “Company”), a provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced the commencement of a private offering of $500 million aggregate principal amount of its senior secured notes due 2027 (the “notes”). The notes will be senior, first-priority secured obligations of the Company initially guaranteed on a senior, first-priority secured basis by the Company’s subsidiaries that are guarantors under its existing syndicated credit facility. In connection with the issuance of the notes, the Company intends to amend and restate that certain credit agreement under its existing syndicated credit facility, among the Company, Royal Bank of Canada and the lenders from time to time party thereto (the “Amendment and Restatement”). The proposed offering is subject to market and other conditions.

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Maxar Reports $7 Million Net First Quarter Loss

WESTMINSTER, Colo. (Maxar Technologies PR) — Maxar Technologies (NYSE:MAXR) (TSX:MAXR) (“Maxar” or the “Company”), a provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced financial results for the quarter ended March 31, 2022. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.

Key points from the quarter include:

  • Consolidated revenues of $405 million
  • Net loss of $7 million
  • Diluted net loss per share of $0.10
  • Adjusted EBITDAof $84 million
  • Operating cash flows of $48 million
  1. This is a non-GAAP financial measure. Refer to section “Non-GAAP Financial Measures” in this earnings release.
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NRO Announces Commercial Imagery Contracts to BlackSky, Maxar and Planet Worth Billions

CHANTILLY, Va. (NRO PR) — The National Reconnaissance Office (NRO) today announced the results of its largest ever commercial imagery contract effort, awarding Electro-Optical Commercial Layer (EOCL) to BlackSky, Maxar, and Planet. Valued at billions of dollars over the next decade, these contracts mark a historic expansion of the NRO’s acquisition of commercial imagery to meet increasing customer demands with greater capacity than ever before .

“The NRO has a longstanding strategy of ‘buy what we can, build what we must’,” said .Dr. Chris Scolese, director of the NRO. “The diversity offered by our expanding architecture comprised of both commercial and NRO systems increases our resilience and enables an integrated approach to the threats facing our Nation.”

Due to its unclassified and shareable nature, commercial remote sensing data offer important benefits, including increased transparency, mission-critical awareness , and humanitarian assistance. EOCL ‘s unique situational design, featuring user-friendly license agreements and built-in contract flexibility, maximizes shareability across a diverse customer base.

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Space Industry Launches Humanitarian Initiative to Support Ukraine

HERNDON, Va. (Space Industry for Ukraine PR) — Leaders of the space community today announced the Space Industry for Ukraine (SIFU), an initiative designed to fund and execute efforts that provide immediate humanitarian aid to the people of Ukraine. The initiative will be run by a steering committee, which includes HawkEye 360, National Security Space Association (NSSA), ABL Space Systems, ARKA, BlackSky, Capella Space, ICEYE, Insight Partners, Leidos, LeoLabs, Maxar, Raytheon Intelligence & Space, Rebellion Defense, Relativity Space, Riverside Research, Rocket Lab, Velos and Viasat. The steering committee will fundraise, select and monitor the execution of critical humanitarian projects throughout Ukraine and its neighboring countries. Additional participating donor companies include The Aerospace Corporation, Cognitive Space and Shield Capital.

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Maxar Places Strategic Investment in Blackshark.ai

Credit: Blackshark.ai

Maxar’s strategic investment layers its best-in-class satellite imagery with Blackshark.ai’s semantic 3D geospatial platform to provide rapidly updated, comprehensive geospatial intelligence and 3D representation at global scale. 

GRAZ, Austria (Blackshark.ai PR) — Maxar Technologies, provider of comprehensive space solutions and secure, precise, geospatial intelligence, strategically invested in Blackshark.ai, a leading provider of AI-powered geospatial analytics services. The partnership represents Maxar’s commitment to innovation within its 3D Earth Intelligence product portfolio.

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NASA’s Robotic OSAM-1 Mission Completes its Critical Design Review

Lights-out grapple testing of OSAM-1’s Robotic Servicing Arm (left) in the Robotic Operations Center at NASA’s Goddard Space Flight Center. The partial model of a client satellite (right) sits on top of a hexapod robot, which helps to simulate zero-gravity movement. (Credits: NASA)

GREENBELT, Md. (NASA PR) — NASA’s On-orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1), a mission that will be the first to robotically refuel a satellite not designed to be serviced, and will also demonstrate assembly and manufacturing technologies and capabilities, has passed its mission critical design review (CDR). This is an important milestone that paves the way for the construction of the spacecraft, payloads, and ground system.

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

WESTMINSTER, Colo., Feb. 3, 2022 (Maxar Technologies PR) –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.

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Maxar Extends Agreements with Three International Defense and Intelligence Customers, Securing Second WorldView Legion Commitment

WESTMINSTER, Colo. (Maxar Technologies PR) — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced contract extensions with three long-standing international defense and intelligence customers.

The three agreements total more than $100 million and extend these customers’ ability to directly task and download 30 cm-class satellite imagery to their ground stations from Maxar’s current constellation under Maxar’s Direct Access Program. This program enables defense, intelligence and commercial customers to access the world’s most advanced Earth imaging satellites, with encrypted downlinks, committed availability and data distribution rights that fit mission needs.

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AFRL, Industry Launch Revolutionary Spacecraft Technology

Shown is the Advanced Structurally Embedded Thermal Spreader (ASETS)-II supporting the oscillating heat programs developed at the Air Force Research Laboratory Space Vehicles Directorate at Kirtland Air Force Base, N.M. In an effort to deploy the next generation of spacecraft thermal control technology, AFRL has partnered with ThermAvant Technologies and Maxar Technologies to develop Oscillating Heat Pipes (OHPs) that provide lightweight and highly-efficient temperature control on higher-power, yet smaller spacecraft. (Credit: AAir Force Research Laboratory)

KIRTLAND AIR FORCE BASE, N.M. (AFNS) —  The Air Force Research Laboratory has partnered with ThermAvant Technologies and Maxar Technologies to develop and deploy the next generation of spacecraft thermal control technology.

The groundbreaking technology, Oscillating Heat Pipes (OHPs), provides lightweight and highly-efficient temperature control on higher-power, yet smaller spacecraft. The OHP was recently launched in the second quarter of 2021 on a Maxar-built satellite.

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NGA Awards G-EGD Contract Renewal to Maxar for Mission-ready Satellite Imagery

WESTMINSTER, Colo., October 4, 2021 (Maxar Technologies PR) — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced it has been awarded an Option Year 2 contract renewal by the U.S. National Geospatial-Intelligence Agency (NGA) for the Global Enhanced GEOINT Delivery (G-EGD) program. The contract, which began September 1, 2021, is valued at $44 million. This is the second of three option years for the contract, which has a total value of up to $176M.

With this award, Maxar will continue to provide more than 400,000 U.S. government users with unclassified, online and offline, on-demand access to high-resolution commercial imagery from Maxar in addition to geospatial data from other industry providers. Since 2011, the G-EGD program has enabled warfighters, first responders, intelligence analysts and civil government users to tap into Maxar’s 125-petabyte historical imagery library and daily imagery collections for time-sensitive, mission-critical planning and operations.

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Solar Electric Propulsion Makes NASA’s Psyche Spacecraft Go

NASA’s Psyche spacecraft is photographed in July 2021 during the mission’s assembly, test, and launch operations phase at JPL. Hall thrusters – two of which are visible beneath red round protective covers – will propel the spacecraft to its target in the main asteroid belt. (Credits: NASA/JPL-Caltech)

Futuristic electric thrusters emitting a cool blue glow will guide the Psyche spacecraft through deep space to a metal-rich asteroid.

PASADENA, Calif. (NASA PR) — When it comes time for NASA’s Psyche spacecraft to power itself through deep space, it’ll be more brain than brawn that does the work. Once the stuff of science fiction, the efficient and quiet power of electric propulsion will provide the force that propels the Psyche spacecraft all the way to the main asteroid belt between Mars and Jupiter. The orbiter’s target: a metal-rich asteroid also called Psyche.

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Maxar Awarded $60 Million Big Data Analytics Contract by National Geospatial-Intelligence Agency

WESTMINSTER, Colo. (Maxar Technologies PR) — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced it signed a 5-year, $60 million contract with the U.S. National Geospatial-Intelligence Agency (NGA) to continue development and operations of a classified big data analytics program.

Under the contract, Maxar will continue to support a mission-critical analytic system relied on by thousands of Department of Defense and Intelligence Community users. This system leverages a number of geospatial tools to manage and exploit hundreds of data feeds, reducing the time needed to analyze intelligence from hours to minutes.

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