Completion of System Definition and Risk
Management Phase
Thales Alenia Space, a Joint Venture between Thales (67%) and
Leonardo (33%) and Maxar Technologies (NYSE: MAXR) (TSX: MAXR),
have completed an important milestone for the Telesat LEO
constellation.
The consortium has now significantly advanced their detailed,
low-risk designs for the complete LEO system, including system
optimization, requirements development, engineering trade-offs and
technology prototyping to establish mature and compelling designs
for Telesat LEO’s space, ground and user terminal segments.
As previously announced, Telesat selected the consortium of
Thales Alenia Space and Maxar, as one of two contractors for its
LEO system design phase to design an end-to-end communications
system, including satellites, landing stations, user terminals,
operations centers, and ground network. In January, the consortium,
led by Thales Alenia Space, announced the success of the System
Requirements Review.
The Thales Alenia Space / Maxar design for Telesat LEO is based
on the combined companies’ proven experience, industrial capability
and a strong supplier base for fully integrated communications
satellite systems, including payload antenna design, on-board
processing, optical inter-satellite links and LEO satellite
production. This milestone is the result of fruitful and efficient
teamwork between the two commercial companies.
“Together with Maxar, we bring a strong expertise in integrated
systems, high throughput payloads, advanced antennas and
processors, as well as production heritage for constellations of
high technology satellites. Leveraging the flight proven success of
sophisticated constellations deployed by Thales Alenia Space, we
are confident to enable Telesat LEO to deliver low-risk,
breakthrough performance and affordability dedicated to broadband
services around the world,” declared Martin Van Schaik, Senior VP
Sales and Marketing Thales Alenia Space.
“Achieving this milestone demonstrates the success of Maxar’s
close collaboration with Thales Alenia Space and highlights the
progress we’ve made in our innovative and low-risk design for
Telesat’s LEO constellation. Our solution leverages both Maxar and
Thales Alenia Space’s experience in building LEO constellations and
also integrates advanced technologies from Maxar’s MDA business,”
said Megan Fitzgerald, Maxar’s Senior Vice President and General
Manager of Space Solutions. “For over 60 years, Maxar has helped to
address many of the world’s most challenging communications
requirements, delivering some of the most complex, powerful and
highest capacity satellite systems, and building a better, more
connected world.”
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 Thales Alenia
Space
Drawing on over 40 years of experience and a unique combination
of skills, expertise and cultures, Thales Alenia Space delivers
cost-effective solutions for telecommunications, navigation, Earth
observation, environmental management, exploration, science and
orbital infrastructures. Governments and private industry alike
count on Thales Alenia Space to design satellite-based systems that
provide anytime, anywhere connections and positioning, monitor our
planet, enhance management of its resources, and explore our Solar
System and beyond. Thales Alenia Space sees space as a new horizon,
helping to build a better, more sustainable life on Earth. A joint
venture between Thales (67%) and Leonardo (33%), Thales Alenia
Space also teams up with Telespazio to form the parent companies’
Space Alliance, which offers a complete range of services. Thales
Alenia Space posted consolidated revenues of about 2.5 billion
euros in 2018 and has around 8,000 employees in nine countries.
www.thalesaleniaspace.com
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,
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.
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
presentation.
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
presentation. 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 U.S. securities and Canadian
regulatory authorities, which are available online under the
Company's EDGAR profile at www.sec.gov, under the Company's
SEDAR profile at www.sedar.com 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 presentation 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 presentation as a result of new information or
future events, except as may be required under applicable
securities legislation.
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version on businesswire.com: https://www.businesswire.com/news/home/20190506005173/en/
Thales Alenia Space ContactsSandrine Bielecki | +33
(0)492 927 094 | sandrine.bielecki@thalesaleniaspace.comChrystelle
Dugimont | +33 (0)492 927 406 |
chrystelle.dugimont@thalesaleniaspace.comCinzia Marcanio | +39
(0)641 512 685 | cinzia.marcanio@thalesaleniaspace.com
Maxar ContactsOmar Mahmoud | Maxar Media Contact |
1-650-852-5388 | omar.mahmoud@sslmda.comJason Gursky | Maxar
Investor Relations | 1-303-684-2207 | jason.gursky@maxar.com
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