Maxar: Imagery revenue, profit up despite WorldView-4 failure, but losing money on a satellite in development

by Peter B. de Selding

PARIS — Maxar Technologies’s Earth Intelligence division increased its revenue and EBITDA in 2019 despite the December 2018 loss of the WorldView-4 satellite and an expected $85 million in revenue from it for 2019.

The division’s 2% increase in revenue, to $1.085 billion, came from increased business with the U.S. government and the growth of Maxar’s Vricon Inc. joint venture with Saab AB in 3D models using high-resolution satellite imagery.

Vricom reported $32 million in . . .

To view the entire article, become a subscriber!

You may also like