Updated 02/14/2023 Maxar’s Umbra agreement puts the following in to context.
Maxar Technologies (NYSE:MAXR) (TSX:MAXR) has announced that it has been granted an indefinite delivery, indefinite quantity (IDIQ) contract worth up to $192 million over five years by the National Geospatial-Intelligence Agency (NGA). The contract is for the Foreign Commercial Imagery Program, which will see Maxar providing high-resolution electro-optical, synthetic aperture radar (SAR), and 3D data products to multiple U.S. allies and partners. To fulfill the requirements of the contract, Maxar will utilize its SecureWatch, Rapid Access Program, Precision3D, and Commercial SAR products. Tony Frazier, Maxar’s Executive Vice President and General Manager, Public Sector Earth Intelligence, stated that the company’s products are critical for high-confidence mapping, planning, and operational support, which ultimately leads to faster and better decision-making while saving resources, time, and lives.
Under the Foreign Commercial Imagery Program contract, Maxar will provide multiple U.S. allies and partners with commercial imagery services consisting of high-resolution electro-optical, synthetic aperture radar (SAR) and 3D data products.
To support these contract requirements, Maxar will leverage the following products:
- SecureWatch: Giving on-demand access to the world’s most recent, high-accuracy and high-resolution satellite imagery and analytics.
- Rapid Access Program: Providing the highest commercially available collection priority, predictable access plus virtual control of imaging operations to help meet mission requirements—all from any location on Earth.
- Precision3D: Enhancing situational awareness and decision-making, providing a precise, true representation of Earth that not only reflects the terrain in all dimensions but also provides an accurate foundation for additional data sources.
- Commercial SAR: Enabling customers to stay apprised of their areas of interest, regardless of light or weather conditions. Because radar imagery can penetrate through clouds and darkness, it is uniquely suited to provide reliable and continuous monitoring.
“Maxar is proud of our more than two decades’ experience supporting the sharing of critical, actionable geospatial information with U.S. allies and partners,” said Tony Frazier, Maxar’s Executive Vice President and General Manager, Public Sector Earth Intelligence. “Maxar’s high-resolution 2D and 3D imagery and data products are integral for high-confidence mapping, planning and operational support, helping end users make faster, better decisions and saving lives, resources and time.”