MAXR News

Lower revenues in the Space Infrastructure segment are likely to get reflected on Maxar's (MAXR) first-quarter 2020 results.

If you're interested in Maxar Technologies Inc. (NYSE:MAXR), then you might want to consider its beta (a measure of...

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced it has closed the sale of MDA, previously a wholly owned subsidiary of the company, to a consortium of investors led by Northern Private Capital for CAD$1 billion. Net proceeds, including customary adjustments, and after application of currency hedges related to the transaction is expected to be approximately US$729 million.

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced the voting results from its annual meeting of stockholders held on May 13, 2020.

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that the Company will hold its 2020 Annual Meeting of Stockholders in a virtual-only format due to public health concerns relating to the COVID-19 pandemic and to protect the health and well-being of its stockholders, directors, employees and the public. As previously announced, the 2020 Annual Meeting will be held on May 13, 2020, at 2:00 p.m. MT.

Shares of Maxar Technologies (NYSE: MAXR) have gotten crushed today, down 13.5% as of market close, after the company reported first-quarter earnings results. Excluding those charges, Maxar's net loss would have been $16 million and adjusted EBITDA would have been $109 million. On the conference call with analysts, CFO Biggs Porter said Maxar was reducing its adjusted EBITDA guidance for 2020 by $30 million to an expected range of $370 million to $410 million due to impacts from the novel coronavirus pandemic.

Maxar Technologies (MAXR) closed at $11.85 in the latest trading session, marking a +1.89% move from the prior day.

The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking...

Maxar Selected to Deliver Change Detection and Land Cover Classification Services to National Geospatial-Intelligence Agency

Maxar will support Dynetics in designing and building a lunar human landing system for NASA.

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that its Board of Directors declared a regular quarterly dividend of one cent ($0.01) per share.

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) ("Maxar" or the "Company"), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced financial results for the quarter ended March 31, 2020 and a multi-hundred million dollar contract award to build multiple 1300-Class communications satellites for an undisclosed customer. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.

In the latest trading session, Maxar Technologies (MAXR) closed at $10.76, marking a -0.92% move from the previous day.

Traders looking for Thursday’s Energy Information Administration (EIA) storage report to show the first triple-digit build of the season.

Shares of satellite builder and satellite photography company Maxar Technologies (NYSE: MAXR), which reported Q1 2020 earnings 10 days ago (and got punished for it), are making up all their losses (and more) today, as the stock soared 17.8% in 12:30 p.m. EDT afternoon trading. On Wednesday, May 27, space launch company SpaceX is scheduled to launch its Crew Dragon spacecraft to the International Space Station, with actual astronauts on board this time. Logically, interest in space -- and space investing -- could get a boost from next week's launch, and investors could begin hunting around for space companies to invest in.

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) plans to release its first quarter 2020 financial results after the market closes on Monday, May 11, 2020.

Maxar's (MAXR) growth strategy is focused on providing leading capabilities in Earth Intelligence and Space Infrastructure segments.

MAXR earnings call for the period ending March 31, 2020.

Could a U.S.-Russia spat over surveillance rights be good news for the satellite photography company?

BRAMPTON, ON , April 8, 2020 /CNW/ - Effective today, April 8 th, the sale transaction of MDA by Maxar Technologies (MAXR) (MAXR) to a consortium led by Toronto -based investment firm Northern Private Capital (NPC) has officially closed. This marks the return of MDA to Canadian control as a private, independent company headquartered in Canada . Founded in 1969, MDA is Canada's largest space technology developer and manufacturer, with over 1,900 employees across the country.