7.37 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||7.35 x 800|
|Ask||7.50 x 3200|
|Day's Range||7.05 - 7.61|
|52 Week Range||3.83 - 55.28|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.56%)|
|1y Target Est||60.52|
The sale of the business, dubbed MacDonald, Dettwiler and Associates (MDA), would help address concerns about Maxar's $3.2 billion debt pile. MDA, which has helped construct part of the International Space Station, has about C$170 million ($127 million) in 12-month earnings before interest, taxes, depreciation and amortization, the people said, asking for anonymity because the matter is confidential. "As a matter of company policy, Maxar does not comment on market rumors or speculation.
MDA, a Maxar company (MAXR) (MAXR.TO), announced today that the three RADARSAT Constellation Mission (RCM) satellites developed by MDA for the Canadian Space Agency are performing according to plan. The satellites launched this morning aboard a SpaceX Falcon 9 rocket from the Vandenberg Air Force Base in California, and began sending and receiving signals from space. The satellites will now go through a series of in-orbit manoeuvres and tests before entering service later this year.
Maxar Technologies (MAXR) (MAXR.TO) today announced that it has been awarded a study contract with the National Reconnaissance Office (NRO) that will enable the U.S. Government to gain a greater understanding of Maxar’s current and future commercial imagery capabilities. The one-year contract will support the NRO’s efforts to further research and assess the U.S. commercial electro-optical (EO) imagery industrial base’s ability to task, collect, process and deliver satellite imagery. As previously announced, Maxar signed a three-year extension of its existing EnhancedView Service Level Agreement (SLA) with the NRO in November 2018, reinforcing the U.S. Government's continuing demand for commercial imagery and confidence in Maxar’s current and future capabilities.
Maxar Technologies (MAXR) (MAXR.TO) today announced that it was awarded multiple contracts in the first quarter of 2019 to provide innovative Earth intelligence solutions to U.S. government agencies, with a total value of more than $95 million. As announced in January, Maxar is now fully domesticated in the U.S. and has a combined team of over 1,550 cleared professionals. U.S. domestication has made it easier for Maxar to bring its integrated capabilities to bear for national security customers seeking to apply commercial innovation to support classified mission requirements.
BEIRUT (AP) — New satellite photos obtained on Tuesday show significant damage to Syrian villages and surrounding farmland as a result of a government offensive on the last rebel stronghold in the country.
Tesla Inc (NASDAQ: TSLA ) shares dropped 2.5 percent to $190.52. The stock rebounded above $200 on Thursday on news of a purported internal email from Musk on the company's fourth-quarter deliveries. ...
Maxar Technologies (NYSE:MAXR) stock is dropping Friday after gaining on news of a deal with NASA yesterday.Source: NASA Goddard Space Flight Center via Flickr (Modified)News of the deal with NASA yesterday saw Maxar Technologies stock increase by roughly 27% on Thursday. However, the stock is now falling just one day after the announcement of that deal.The deal between Maxar Technologies and NASA will have the company working on the new lunar Gateway spacecraft. It will be designing and creating the spacecraft, as well as performing a test spaceflight of it.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMaxar Technologies won't be working alone on the new spacecraft for NASA. Blue Origin and Draper will also be working alongside the company in the creation of the vehicle, as well as for testing."Our power and propulsion element partnership enables NASA to leverage Maxar's commercial capabilities to cost-effectively expedite plans for sustainable exploration of the Moon, while also providing significant benefits to American industry," Dan Jablonsky, CEO of Maxar Technologies, said in a statement. "As a valuable part of Maxar, our Space Solutions group serves the global commercial and U.S. government satellite market." * 5 Safe Stocks to Buy This Summer The deal between Maxar Technologies and NASA has a value of $375 million. NASA may choose to acquire the spacecraft made by MAXR after a year of testing.While Maxar Technologies is seeing its stock drop just one day after the announcement, it isn't enough to completely undo the gains from yesterday. MAXR stock is currently down 8% as of noon Friday and is trading at around $8.10. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Maxar Technologies (MAXR) Stock Gives Up Gains After NASA Deal Rally appeared first on InvestorPlace.
NASA has awarded space technology company Maxar a $375 million contract todevelop the first Lunar Gateway segment that's flying to space
NASA has picked space technology company Maxar Technologies Inc as the first contractor to help build its Gateway platform in lunar orbit, a crucial outpost for America's mission to relay astronauts to the moon in 2024, the U.S. agency said on Thursday. Shares of Westminster, Colorado-based Maxar jumped more than 20% following the announcement by NASA Administrator Jim Bridenstine at a meeting sponsored by a Florida college. The firm-fixed price award carries a maximum total value of $375 million, NASA said in a news release.
Maxar Technologies stock jumped after NASA said Thursday the satellite company will build the first component of NASA's Lunar Gateway space station.
Maxar Technologies (MAXR) (MAXR.TO), a global technology innovator powering the new space economy, today announced it has been selected by NASA to build and perform a spaceflight demonstration of the lunar Gateway’s power and propulsion element spacecraft. Blue Origin and Draper will join the Maxar-led team in designing, building and operating the spacecraft through the demonstration period. The power and propulsion element is a key component to NASA’s overall plans to land American astronauts on the surface of the Moon by 2024, and will be the first segment of the Gateway tested in space.
Maxar Technologies Inc. will build the key power and propulsion element around which NASA will assemble a space outpost orbiting the moon by 2024. The Westminster-based aerospace company (NYSE: MAXR) beat out four others working to win the $375 million contract to build a major component of what NASA calls the Lunar Gateway, which will be key to the U.S.’s planned moon return. “Maxar is going to build that for the United States of America,” said NASA Administrator Jim Bridenstine, announcing the PPE contract selection Thursday during an address about NASA’s moon missions on the campus of the Florida Institute of Technology.
Maxar Technologies (MAXR) (MAXR.TO), a global technology innovator powering the new space economy, today announced it won the 2019 Americas Region Most Innovative Supplier Award from HERE Technologies, a global leader in mapping and location platform services. Additionally, HERE renewed its satellite imagery contract with Maxar for the global production of HERE’s in-car navigation maps. HERE, a major optical imagery customer since 2015, will leverage Maxar’s imagery products, specifically Vivid and Metro mosaics, to provide accurate and up-to-date maps for their customers.
Maxar Technologies (MAXR) (MAXR.TO), a U.S.-based global technology innovator powering the new space economy, today announced that it has been selected by NASA to study future systems that could revolutionize NASA’s space-based communications architecture through innovative technologies and commercial partnerships. The future architecture would be used for scientific and human exploration missions in Earth orbit, at the Moon, and throughout the solar system beginning in the mid-2020s. NASA’s Space Communications and Navigation Program currently offers space-based radio frequency communications services for all of the agency’s space communications activities via its Space Network.
Maxar Technologies (MAXR) (MAXR.TO), a global technology innovator powering the new space economy, today announced that it has been awarded a follow-on contract valued at $4.3 million by the U.S. Defense Advanced Research Projects Agency (DARPA) to test its Geospatial Cloud Analytics (GCA) Hub. The GCA Hub is an unclassified environment with multi-source content that enables military users to leverage machine learning to extract insights about the planet at scale and make critical decisions for projects like predicting food shortages, political unrest and illegal, unreported and unregulated (IUU) fishing. This raises Maxar’s total award amount for the GCA Hub to $7.5 million.
Maxar Technologies Inc. (MAXR) (MAXR.TO) announced today that its Board of Directors has adopted a tax benefit preservation plan to help preserve the value of its net operating losses and other tax attributes. As of December 31, 2018, Maxar had estimated its cumulative U.S. federal net operating loss carryforwards and federal R&D tax credit carryforwards to be approximately $890 million and $77 million, respectively, which can be utilized in certain circumstances to reduce future U.S. corporate income tax liabilities. The tax benefit preservation plan was adopted to protect an important Maxar asset that may have meaningful value to all Maxar stockholders.