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Maxar Technologies Inc said on Friday private-equity firm Advent International has agreed to buy the satellite owner and operator for about $4 billion.
Advent will pay $53 a share for Maxar, executives at the private-equity firm told the Journal
Advent International agreed to buy Maxar Technologies in a deal that values the satellite owner and operator at about $4 billion.
Maxar's (MAXR) Galaxy 35 and Galaxy 36 satellites for Intelsat are performing per expectations after launch.
WESTMINSTER, Colo.--( BUSINESS WIRE )--Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that members of senior management will present at the following upcoming investor conference:
The delivery of SXM-11 and -12 take the total number of spacecrafts built by Maxar (MAXR) for SiriusXM to 13
The satellite JUPITER 3 is being manufactured at Maxar's (MAXR) facility in Palo Alto, CA, for EchoStar's Hughes Network Systems division
Maxar's (MAXR) Q3 top line is affected by softness in the Earth Intelligence segment.
Maxar Technologies remains a leader in both satellite manufacturing and geopolitical intelligence.
Maxar Technologies Inc. (NYSE:MAXR ) Q3 2022 Earnings Conference Call November 4, 2022 5:00 PM ET Company Participants Jonny Bell - Investor Relations Daniel Jablonsky - President and Chief Executive Officer Biggs Porter - Executive Vice President and Chief Financial Officer Dan Nord - Senior Vice President and General Manager, Enterprise Earth Intelligence, Maxar Conference Call Participants Matt Akers - Wells Fargo Colin Canfield - Barclays Peter Arment - Baird Chris Quilty - Quilty Analytics LLC Robert Spingarn - Melius Research Tim James - TD Securities Michael Ciarmoli - Truist Securities Austin Moeller - Canaccord Genuity Operator Good day and welcome to Maxar Technologies' Third Quarter 2022 Conference Call and Webcast. Today's call is being recorded.