SiriusXM’s new 1300-class satellite will
provide continuous and expanded delivery of its audio entertainment
and information services across North America
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and
innovator in Earth Intelligence and Space Infrastructure, SiriusXM,
the leading audio entertainment company in the United States, and
SpaceX, today announced that the SXM-7 satellite was successfully
launched and is performing properly.
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SXM-7, built by Maxar Technologies for
SiriusXM, is seen here in Maxar's manufacturing facility in Palo
Alto, Calif. Image credit: Maxar Technologies
SXM-7, a high-powered digital audio radio satellite, was
launched aboard a SpaceX Falcon 9 rocket from Cape Canaveral,
Florida, earlier today. Shortly afterward, SXM-7 deployed its solar
arrays and began receiving and sending signals. Next, SXM-7 will
begin firing its thrusters to commence its journey to its final
geostationary orbit.
SXM-7 will provide continuous, reliable delivery of SiriusXM’s
audio entertainment and information services to consumers in the
United States, and will expand SiriusXM’s coverage area in Canada
and the Caribbean for years to come. SXM-7 will deliver the highest
power density of any commercial satellite on-orbit, sending more
than 8,000 watts of content to the continental U.S., Canada, Puerto
Rico and the Caribbean, increasing the power and reach of the
signal for SiriusXM.
“Maxar and SiriusXM have worked together for more than two
decades to build world-class digital audio radio satellites that
bring entertainment to almost every new car in America,” said Megan
Fitzgerald, Maxar’s Senior Vice President of Space Programs
Delivery. “We are proud to have built the latest addition to the
SiriusXM constellation and look forward to the launch of their next
Maxar-built satellite, SXM-8, next year.”
“SXM-7 plays an important role in bolstering the continuity and
reliable delivery of SiriusXM’s audio entertainment, as well as our
traffic, weather, data and information services for years to come,”
said Bridget Neville, SiriusXM’s Senior Vice President of Satellite
and Repeater Systems Engineering and Operations. “With the addition
of SXM-7, our satellite-delivered service coverage area in North
America is larger and more powerful than ever before. We
congratulate our engineering team, Maxar and SpaceX on a successful
launch.”
“We had a beautiful Falcon 9 launch today, safely delivering
SXM-7 to orbit,” said Lee Rosen, SpaceX’s Vice President of
Customer Operations and Integration. “This was the seventh flight
for this rocket’s first stage booster, and we are grateful SiriusXM
chose our flight-proven hardware to help broaden its coverage
area.”
SXM-7 weighs almost 7,000 kg and is built on Maxar’s 1300-class
platform, the world’s most prevalent geosynchronous spacecraft
platform. The satellite is designed to provide service for greater
than 15 years. Maxar has previously built a total of seven
satellites for SiriusXM, including its first-generation Sirius
satellites that launched in 2000 and its second-generation Sirius
satellites that launched in 2009 and 2013.
SXM-7 joins XM-3, XM-4, XM-5, FM-5 and FM-6 in SiriusXM’s active
satellite fleet. SXM-7 and SXM-8 together will replace XM-3 and
XM-4, extending SiriusXM’s satellite delivered services through at
least 2036.
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.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio
entertainment company in the U.S., and the premier programmer and
platform for subscription and digital advertising-supported audio
products. Pandora, a subsidiary of SiriusXM, is the largest
ad-supported audio entertainment streaming service in the U.S.
SiriusXM and Pandora’s properties reach more than 150 million
listeners, the largest addressable audience in the U.S., across all
categories of digital audio – music, sports, talk, and podcasts.
SiriusXM’s acquisitions of Stitcher and Simplecast, alongside
industry-leading ad tech company AdsWizz, make it a leader in
podcast hosting, production, distribution, analytics and
monetization. SiriusXM, through Sirius XM Canada Holdings, Inc.,
also offers satellite radio and audio entertainment in Canada. In
addition to its audio entertainment businesses, SiriusXM offers
connected vehicle services to automakers. For more about SiriusXM,
please go to: www.siriusxm.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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Investor Relations Contact: Jason Gursky Maxar VP,
Investor Relations and Corporate Treasurer 1-303-684-2207
jason.gursky@maxar.com
Hooper Stevens SiriusXM 212-901-6718
hooper.stevens@siriusxm.com
Media Contact: Kristin Carringer Maxar Media Relations
1-303-684-4352 kristin.carringer@maxar.com
Patrick Reilly SiriusXM Patrick.Reilly@siriusxm.com
Kevin Bruns SiriusXM Kevin.Bruns@siriusxm.com
SpaceX media@spacex.com
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