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Maxar's SSL Selected to Define Small Satellite Requirements for Environmental Defense FundSSL continues to grow its small form-factor spacecraft business, leveraging the power of Maxar's broad space systems expertise PALO ALTO, CA, Jan. 10, 2019 /CNW/ - 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 About Environmental Defense Fund About Maxar Technologies Contact 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. View original content:http://www.prnewswire.com/news-releases/maxars-ssl-selected-to-define-small-satellite-requirements-for-environmental-defense-fund-300776161.html SOURCE Maxar Technologies Ltd. |