• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Maxar Awarded Spot on JAIC Basic Ordering Agreement for AI Data Readiness

By: Maxar Technologies via Business Wire
May 18, 2022 at 06:00 AM EDT
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Maxar Technologies (NYSE: MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced it was awarded a spot on a Joint Artificial Intelligence Center (JAIC) Basic Ordering Agreement (BOA) with a ceiling value of $241M over five years.

Under this award, Maxar will support the U.S. Department of Defense (DOD) and the JAIC’s Data Readiness for Artificial Intelligence Development (DRAID) program with software development as well as data science, engineering, analysis, standards and architecture services.

“Maxar is excited to support the JAIC and the broader DOD community in the streamlining and standardization of artificial intelligence and machine learning capabilities,” said Tony Frazier, Maxar’s Executive Vice President and General Manager of Public Sector Earth Intelligence. “The Maxar team looks forward to applying our vast knowledge and experience in Earth intelligence as well as our deep understanding of AI/ML toward this mission.”

About Maxar

Maxar Technologies (NYSE: MAXR) (TSX:MAXR) is a provider of comprehensive space solutions and secure, precise, geospatial intelligence. 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 4,400 team members in over 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.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220518005167/en/

Contacts

Investor Relations Contact:

Jason Gursky

Maxar VP, Investor Relations and Corporate Treasurer

1-303-684-2207

jason.gursky@maxar.com

Media Contact:

Kristin Quinn Cody

Maxar Media Relations

1-703-350-6753

kristin.cody@maxar.com

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More
News headline image
AbbVie Fires Healthy Trend-Following Signal: Is a Rebound Ahead? ↗
Today 14:50 EDT
Via MarketBeat
Tickers ABBV ABT
News headline image
Niccol Effect Has Starbucks Stock Barreling Toward Fresh Highs ↗
Today 14:15 EDT
Via MarketBeat
Tickers CMG SBUX
News headline image
Tesla’s Cybercab Is Finally Real—But Is It Enough? ↗
Today 13:40 EDT
Via MarketBeat
Tickers TSLA
News headline image
Domino's Pizza: Outlook for the Berkshire Holding After Q1 Drop ↗
Today 13:05 EDT
Via MarketBeat
Tickers BRK BRK-A BRK-B DPZ PZZA YUM
News headline image
Why Palantir Suddenly Looks Vulnerable After Google’s Move ↗
Today 12:30 EDT
Via MarketBeat
Tickers GOOG GOOGL PLTR

Recent Quotes

View More
Symbol Price Change (%)
AMZN  263.42
+3.72 (1.43%)
AAPL  270.16
-0.55 (-0.20%)
AMD  339.84
+16.63 (5.15%)
BAC  52.92
+0.27 (0.50%)
GOOG  349.26
+1.76 (0.51%)
META  673.82
+2.48 (0.37%)
MSFT  424.77
-4.48 (-1.04%)
NVDA  209.29
-3.88 (-1.82%)
ORCL  163.34
-2.62 (-1.58%)
TSLA  374.31
-1.71 (-0.46%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap