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Maxar (MAXR) receives two contracts worth $35.8 million to provide geospatial intelligence data and support NGA's Foundation Program with an enhanced API.
For most anyone with money in the market, 2022 was a year to forget – and space stocks were no exception.
Analysts predictions were especially bad in 2022
Maxar (MAXR) is likely to be acquired by Advent International for $53 per share, representing a premium of about 129%.
Advent International is acquiring Maxar Technologies Inc. Maxar has a 60-day go-shop period.
The company, whose origins date back to 1957, has 90 satellites in orbit, counts 70 countries among its customers and employs 4,400 people, according to its website.
The space imaging company has a deal to be acquired at a significant premium.
Maxar Technologies Inc (NYSE:MAXR) has more than doubled this morning, last seen up 120.1% at $50.84, after the company agreed to be acquired by Advent International in a deal worth $6.4 billion.
Shares of Maxar Technologies Inc (NYSE: MAXR) more than doubled this morning after Advent International said it will buy the space technology company for $6.40 billion.
Maxar Technologies (NASDAQ: MAXR ) stock is trending on social media and is up more than 120% in pre-market trading. The shares are soaring because Maxar agreed to be acquired by Advent International, a private equity firm, for about $6.4 billion or $53 per share.