PALO ALTO, Calif. – January 10, 2019 – SSL, a Maxar Technologies company (NYSE:MAXR) (TSX:MAXR), and a leading provider of innovative satellites and spacecraft systems, announced today that it is leveraging Maxar’s combined capabilities for a contract to define requirements for a small form-factor satellite that will monitor and measure methane emissions from oil and gas facilities around the world. The satellite, named MethaneSAT, will enable Environmental Defense Fund (EDF) to change the way we detect and analyze methane emissions and understand and combat climate change. Following design development, EDF anticipates awarding a contract in 2019 for the final design and manufacturing of the satellite.
MethaneSAT will provide global, high-resolution detection of methane emissions from regions that account for over 80 percent of global oil and gas production on a weekly basis. The satellite’s high precision will enable it to detect and quantify both high- and low-emission sources and accurately attribute them to relevant oil and gas infrastructure.
To enhance its solution, SSL is working together with Maxar’s DigitalGlobe, which is the global leader in commercial high-resolution satellite imagery. DigitalGlobe will provide technical input on the satellite payload design and guidance on the overall mission plan.
“SSL’s decades of experience in developing reliable spacecraft systems, combined with the full suite of space capabilities offered by Maxar Technologies, uniquely positions us to provide solutions for advanced missions, such as MethaneSAT,” said Richard White, president of SSL Government Systems. “We’re honored to lead the charge in accelerating innovation for missions that reveal critical insights about our changing planet and help to build a better world.”
SSL is building momentum in its small form-factor and low Earth orbiting spacecraft business with competitive solutions for government and commercial customers. In addition to designing MethaneSAT, the company is:
See other ways that Maxar Technologies provides technologies and applications that Build a Better World.
About SSL
SSL, based in Palo Alto, California, is a leading provider of advanced spacecraft systems, with broad expertise to support commercial and government satellite operators and innovative space missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband internet, mobile communications, in-orbit servicing, space exploration, and Earth observation. As a Silicon Valley innovator for 60 years, SSL’s advanced product line includes state-of-the-art small satellites, and sophisticated robotics and autonomous solutions for remote operations. SSL is a Maxar Technologies company (NYSE: MAXR) (TSX: MAXR). For more information, visit www.sslmda.com.
About Environmental Defense Fund
Environmental Defense Fund (edf.org), a leading international nonprofit organization, creates transformational solutions to the most serious environmental problems. EDF links science, economics, law and innovative private-sector partnerships. Connect with us on EDF Voices, Twitter and Facebook.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar Technologies is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. With more than 6,500 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information, visit www.maxar.com.
Contact
Wendy Lewis | SSL Media Contact | 1-650-852-5188 | [email protected]
Jon Coifman | Environmental Defense Fund Contact | 1-212-616-1325 | [email protected]
Jason Gursky | Maxar Investor Relations | 1-303-684-2207 | [email protected]
Forward-Looking Statements
Certain statements and other information included in this release constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) under applicable securities laws. Statements including words such as “may”, “will”, “could”, “should”, “would”, “plan”, “potential”, “intend”, “anticipate”, “believe”, “estimate” or “expect” and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this release.
Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this release. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company’s continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company’s SEDAR profile at www.sedar.com, under the Company’s EDGAR profile at www.sec.gov or on the Company’s website at www.maxar.com.
The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this release or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this release as a result of new information or future events, except as may be required under applicable securities legislation.
