HERNDON, Va.- Radiant Solutions, a Maxar Technologies Ltd. company (formerly MacDonald, Dettwiler and Associates Ltd.) (NYSE: MAXR; TSX: MAXR), announced that it has signed a follow-on contract with the Army Geospatial Center (AGC) valued at US$2.6 million for their Remote Ground Terminal (RGT) program. AGC exercised an option extending Radiant Solutions provision of systems engineering and software development to enhance the RGT program that can provide critical information directly to military and humanitarian aid/disaster relief missions by providing timely access to high resolution commercial imagery.
Developed by Radiant Solutions in partnership with AGC, the RGT is an ultra-transportable ground receiving and processing solution for commercial satellite remote sensing data; receiving both optical and synthetic aperture radar (SAR). Optical satellites provide high resolution images that capture areas under one meter, but need light to record the images, and SAR satellites acquire data regardless of light or weather condition; combining multiple sources of data to support 24/7 coverage. The RGT is unique because it provides the high performance of larger systems but in a very compact package that can be delivered in-theatre by air or land. This capability allows the U.S. Army to access timely geospatial data, from multiple sources, in locations with extremely limited infrastructure anywhere in the world and within hours of an event.
This contract exemplifies the combined strength of Maxar, and draws from the company's three decades of expertise for mobile and fixed ground stations, said Don Schaefer, senior vice president and chief strategy officer at Radiant Solutions.
About Radiant Solutions
Radiant Solutions provides highly specialized, innovative geospatial multisource data, analytics, software and services to deliver critical insights and intelligence where and when it matters most. Poised to transform how customers support global mapping and intelligence missions at scale, Radiant Solutions harnesses the proliferation of pervasive information-gathering sensors, open-source software, cloud computing, machine learning and big data analytics. Our combined team of over 1,000 sensor and spacecraft engineers, geospatial analysts, developers, data scientists and DevOps engineers delivers innovative geospatial solutions that keep our nation safe, protect critical infrastructure, and preserve scarce natural resources. Building on the legacy of MDA Information Systems, RadiantBlue, DigitalGlobe Intelligence Solutions, and HumanGeo, the newly combined Radiant Solutions has a strong track record with its advanced capabilities, open approach, and experience supporting mission that helps customers in the GEOINT community reach critical decisions faster and with greater accuracy. Based in Herndon, VA with major offices across Virginia, Maryland, Florida, Michigan, and Colorado, Radiant Solutions is a business unit of Maxar Technologies, a U.S. operating company (NYSE: MAXR; TSX: MAXR). For more information visit: www.RadiantSolutions.com.
About Maxar
Maxar Technologies (formerly MacDonald, Dettwiler and Associates) is a leading global provider of advanced space technology solutions for commercial and government markets including satellites, Earth imagery, geospatial data and analytics, is at the nexus of the new space economy, developing and sustaining its infrastructure and delivering the products, services, systems and solutions that make it possible. As a trusted partner, Maxar Technologies provides unmatched end-to-end advanced systems capabilities and integrated solutions expertise to help our customers anticipate and address their most complex mission critical challenges with confidence. With more than 6,500 employees in over 21 locations, the Maxar Technologies portfolio of commercial space brands includes: SSL, MDA, DigitalGlobe, and Radiant Solutions. Every day millions of people rely on Maxar Technologies to communicate, share information and data, and deliver insights that empower a better world. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information visit www.maxar.com.
Forward-Looking Statements
This release contains forward-looking statements and information, which reflect the current view of Radiant Solutions in regard to the AGC contract referenced above. Although the management of Radiant Solutions believes that the expectations and assumptions on which such forward-looking statements are based on are reasonable, undue reliance should not be placed on the forward-looking statements because Radiant Solutions cannot provide assurance that they will be correct. Any such 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 press release. Additional information concerning these risk factors can be found in the Company's filings with Canadian securities regulatory authorities, which are available online under the Company's profile at www.sedar.com, the Company's filings with the United States Securities and Ex-change Commission, or on the Company's website at www.mdacorporation.com, and in DigitalGlobe's filings with the SEC, including Item 1A of DigitalGlobe's Annual Report on Form 10-K for the year ended December 31, 2016.
The forward-looking statements contained in this press release are expressly qualified in their entirety by the foregoing cautionary statements and are based upon data available as of the date of this release and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this press release as a result of new information or future events, except as may be required under applicable securities legislation.
