Maxar Begins Production on Legion-class Satellite for Ovzon
July 12 2019 - 6:00AM
Business Wire
Maxar’s Legion-class bus will enable
Ovzon to further revolutionize mobile broadband by
satellite, offering the highest bandwidth with the smallest
terminals
Maxar Technologies (NYSE:MAXR) (TSX:MAXR) today announced that
it has begun production on a Legion-class geostationary satellite
for Ovzon, a company located in the United States and Sweden
dedicated to meeting the demand for increased mobile broadband
connectivity in underserved regions.
Ovzon selected Maxar in December 2018 to build its first
satellite, Ovzon 3, which will provide extremely versatile mobile
broadband communications for small vehicles, aircraft and users
on-the-move. Now that Ovzon has secured financing to build the
satellite, Maxar will begin building it in its Palo Alto,
California manufacturing facility. The satellite will be based on
the mid-size Legion-class platform, formerly called the SSL-500,
and is expected to be launched by SpaceX in 2021.
“Maxar’s Legion-class platform offers the benefits of the
company’s proven technology and performance from the 1300-class
satellite bus with a lower cost and smaller form factor,” said
Megan Fitzgerald, Maxar’s Senior Vice President and General
Manager, Space Solutions. “We’re delighted to collaborate closely
with Ovzon on the development of the first satellite in their
architecture, which will deliver better communications from space
for a better world here on Earth.”
“We chose Maxar to build Ovzon 3 because they have a strong
reputation of delivering world-class, reliable products backed by
industry leading customer service and manufacturing agility. Ovzon
3 is an important first step towards fulfilling our strategy to
further revolutionize mobile broadband by satellite, offering the
highest bandwidth with the smallest terminals,” said Magnus René,
Chief Executive Officer of Ovzon.
The operations of DigitalGlobe, SSL and Radiant Solutions were
unified under the Maxar brand in February; MDA continues to operate
as an independent business unit within the Maxar organization.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar
is at the nexus of the new space economy, developing and sustaining
the infrastructure and delivering the information, services, and
systems that unlock the promise of space for commercial and
government markets. The operations of DigitalGlobe, SSL and Radiant
Solutions were unified under the Maxar brand in February; MDA
continues to operate as an independent business unit within the
Maxar organization. As a trusted partner with 5,900 employees in
over 30 global locations, Maxar 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. 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 New York
Stock Exchange and Toronto Stock Exchange as MAXR. For more
information, visit www.maxar.com.
About Ovzon
Ovzon offers a revolutionary mobile broadband service via
satellite combining high bandwidth with highly mobile terminals –
offering speeds up to 80 times faster than competing services.
Applications include real-time sensor and video upload, either from
moving or highly mobile platforms, including small vehicles, small
aircraft or UAVs, or directly from users on-site transmitting
on-the-go. Ovzon is headquartered in Solna, Sweden and has offices
in Tampa, FL and Bethesda, MD in the United States. The share
(OVZON) is traded on Nasdaq First North Premier, FNCA Sweden AB is
the company’s Certified Adviser. Read more on www.ovzon.com.
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Media Contact Omar Mahmoud Maxar Media Relations
1-650-852-5388 omar.mahmoud@maxar.com Investor Relations
Contact Jason Gursky Maxar VP Investor Relations 1-303-684-2207
jason.gursky@maxar.com
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