20 December, 2022

Maxar Technologies acquired by Advent International

Maxar Technologies, a leading provider of comprehensive space solutions and secure, precise geospatial intelligence, announced late last week that it had entered into a definitive merger agreement with Advent International, one of the largest and most experienced global private equity investors, to be acquired. Maxar views this as an opportunity to further its advancement of operations in Earth Intelligence and Space Infrastructure.

In response to the announcement, Rafael Kargren, Head of Oceania and Pacific for Maxar stated “We believe Maxar’s next stage, as a private company with enhanced support and resources, will better position us to support our customers’ complex needs both now and well into the future,” 

Mark Covington, General Manager of Geoimage commented, “The space industry, like so many others, is undergoing accelerated change due to technological advances, and we are looking forward to this next chapter in the Maxar story and what it will bring to our customer base”. 

For further details on this announcement, please see Maxar’s official press release here.

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