WESTMINSTER, Colo.- DigitalGlobe, a Maxar Technologies company (formerly MacDonald, Dettwiler and Associates Ltd.) (NYSE: MAXR; TSX: MAXR), announced today the launch of its newest product, EarthWatch, a cloud-based subscription for viewing, streaming and downloading the company’s industry-leading geospatial data, enabling customers to solve their challenges with ease through a single powerful interface.
Using EarthWatch, commercial customers will have access to a comprehensive suite of DigitalGlobe products, including fresh satellite imagery from DigitalGlobe’s satellite constellation and seamless, curated basemaps created from the company’s geospatially accurate imagery to extract insightful information. DigitalGlobe’s satellites image more than three million square kilometers of the Earth daily in 30 to 50 cm resolution, the highest resolution satellite imagery available commercially.
Customers will be able to incorporate analytics and image analysis in their applications, empowering them to make business decisions with confidence, such as building and monetizing the most visually appealing maps; monitoring changes of assets like structures and pipelines; and proactively preparing for and managing emergency situations with the best information commercially available.
Customers have unique flexibility with EarthWatch’s subscription model to select fit-for-purpose geodata whether they need the latest image, a time series, or mosaics. Customers can access it all in one place from anywhere in the world with no concurrent user limit, while only paying for the number of gigabytes streamed and/or downloaded.
“DigitalGlobe created EarthWatch to empower customers to extract value from all the types of geospatial information we offer in one simple interface,” said Amy Minnick, DigitalGlobe Senior Vice President and General Manager of Commercial. “Industries like technology, energy, insurance, automotive and telecom, as well as civil governments, will use EarthWatch to solve their most pressing challenges with geospatial data.”
EarthWatch will evolve to support the growing needs of DigitalGlobe’s customers. In late summer 2018, EarthWatch customers will be able to submit tasking orders for DigitalGlobe’s constellation of satellites, as well as place orders for imagery stored in the company’s 100 PB imagery archive. Additional enhancements will include analytics from our Geospatial Big Data platform, GBDX, enabling customers to view imagery and extract insights using machine learning at scale through one subscription.
DigitalGlobe is the global leader in commercial high-resolution satellite imagery used by decision makers to better understand our changing planet in order to save lives, resources and time. Sourced from the world's leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers' most demanding mission requirements. Each day customers in defense and intelligence, public safety, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services depend on DigitalGlobe data, information, technology and expertise to gain actionable insight. DigitalGlobe is a Maxar Technologies company (NYSE: MAXR; TSX: MAXR). For more information visit www.DigitalGlobe.com.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar Technologies (formerly MacDonald, Dettwiler and Associates) is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, and systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies 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. With more than 6,500 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. 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 Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information, visit www.maxar.com.
This release contains forward-looking statements and information, which reflect the current view of Maxar Technologies Ltd. (the “Company” or “Maxar”) with respect to future events and financial performance. Forward-looking statements relate to future events or future financial performance. Any such forward-looking statements are based on Maxar’s current expectations, estimates, projections and assumptions made in light of its experience and perception of historical trends and are subject to risks and uncertainties that could cause our actual results or performance to differ materially from those indicated by such forward-looking statements. Maxar’s actual results of operations could differ materially from historical results or current expectations. Some of the risk and uncertainties that could cause actual results to differ include, but are not limited to: the loss or reduction in scope of any of our primary contracts, or decisions by customers not to exercise renewal options; the loss or damage to any of our satellites; delays in the construction and launch of any of our satellites or our ability to achieve and maintain full operational capacity of all our satellites; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground systems and other infrastructure; decrease in demand for our imagery products and services; increased competition that may reduce our market share or cause us to lower our prices; changes in political or economic conditions, including fluctuations in the value of foreign currencies, interest rates, energy and commodity prices, trade laws and the effects of governmental initiatives to manage economic conditions; failure to obtain or maintain required regulatory approvals and licenses; and, changes in Canadian, U.S. or other law or regulation that may limit our ability to distribute our imagery products and services.
For additional information with respect to certain of these risks or factors, plus additional risks or factors, reference should be made to the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, under the Company's EDGAR profile at www.sec.gov, or on the Company's website at www.maxar.com.