Maxar Technologies Reports Significant Growth in Subscriptions to its SecureWatch Platform
October 01 2020 - 6:00AM
Business Wire
Access to online, high-resolution satellite
imagery allows customers to remotely monitor assets and operations
around the globe
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and
innovator in Earth Intelligence and Space Infrastructure, today
announced it has surpassed 200 customers using SecureWatch, its
cloud-based, geospatial subscription service. Contracted revenue
for the product has roughly doubled in the past year.
SecureWatch allows end users to access and exploit a variety of
data sources, including Maxar’s 110-petabyte library of
high-resolution satellite imagery, daily WorldView imagery
collections, low-resolution Sentinel-1 and Sentinel-2 satellite
imagery and commercial synthetic aperture radar (SAR) data from
RADARSAT-2. Most SecureWatch customers leverage the platform and
its capabilities for monitoring and mapping applications, including
high-definition mapping at scale around the world, detecting change
and observing assets over time and planning humanitarian assistance
and disaster responses.
Maxar's Engineering and Product teams are constantly improving
SecureWatch to better serve our customers and mission partners.
Recently, Maxar added Persistent Change Monitoring (PCM), an
automated, image-based change detection data layer, as a standard
capability on all SecureWatch Premium accounts, allowing end users
to identify areas of human activity and save time when analyzing
the latest imagery collections. For full details on how PCM can
enhance monitoring and mapping efforts, read our latest blog
post.
Next year, with the launch of Maxar’s WorldView Legion
satellites, SecureWatch subscribers will benefit from dramatically
expanded sub-30 cm image collection capacity. These satellites will
allow Maxar to monitor the most dynamic parts of the globe up to 15
times per day, from sun-up to sun-down.
“Maxar’s SecureWatch platform provides an intuitive way to
extract Earth intelligence from massive amounts of satellite
imagery to enable better decision making,” said Jeff Culwell,
Maxar’s Chief Product Officer. “We’re proud to leverage commercial
innovation to support hundreds of customers who have various
missions and projects around the globe.”
Customers are integrating the SecureWatch platform into their
decision-making workflows across a broad range of sectors,
including commercial technology, international defense and
intelligence, and civil government. Visit the SecureWatch product
page to receive a demonstration of how the platform can provide a
critical information advantage.
About Maxar
Maxar is a trusted partner and innovator in Earth Intelligence
and Space Infrastructure. We deliver disruptive value to government
and commercial customers to help them monitor, understand and
navigate our changing planet; deliver global broadband
communications; and explore and advance the use of space. Our
unique approach combines decades of deep mission understanding and
a proven commercial and defense foundation to deploy solutions and
deliver insights with unrivaled speed, scale and cost
effectiveness. Maxar’s 4,000 team members in 20 global locations
are inspired to harness the potential of space to help our
customers create a better world. Maxar trades on the New York Stock
Exchange and Toronto Stock Exchange as MAXR. For more information,
visit www.maxar.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201001005332/en/
Investor Relations Contact: Jason Gursky Maxar VP,
Investor Relations and Corporate Treasurer 1-303-684-2207
jason.gursky@maxar.com Media Contact: Kristin Carringer
Maxar Media Relations 1-303-684-4352
kristin.carringer@maxar.com
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