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MAXR Maxar Technologies Inc

70.54
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Maxar Technologies Inc TSX:MAXR Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 70.54 70.34 70.98 0 01:00:00

AURORA INSIGHT ANNOUNCES STRATEGIC INVESTMENT FROM MAXAR

23/02/2022 12:30pm

PR Newswire (US)


Maxar Technologies (TSX:MAXR)
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DENVER, Feb. 23, 2022 /PRNewswire/ -- Aurora Insight, a business analytics company that provides radio frequency (RF) data and advanced analytics about wireless activity, today announced a strategic investment from Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a leading provider of comprehensive space solutions and secure, precise, geospatial intelligence. 

Data-driven solutions for the wireless industry

The strategic investment from Maxar will help Aurora Insight accelerate its satellite technology development.

Aurora Insight directly measures the global RF environment with terrestrial and satellite-based sensors to provide government and commercial customers with comprehensive data on spectrum and wireless network infrastructure.

Access to spectrum has become a top concern for organizations around the world, and Maxar's strategic investment will further enhance Aurora Insight's ability to measure the global RF environment and provide detailed information and insights on spectral activity.

The strategic investment will help Aurora Insight accelerate its satellite technology development, expand its product offering and enter new, emerging markets. The two companies anticipate working together to combine Aurora Insight's RF spectrum mapping capabilities with Maxar's geospatial solutions, with the goal of developing a radio frequency-enhanced GEOINT solution for government and commercial customers that provides more comprehensive and accurate geospatial insights.

Regarding the investment, Aurora Insight CEO and Co-Founder Jennifer Alvarez said, "We are thrilled to embark on this new partnership with Maxar because it is a natural extension of Aurora Insight's vision to build a continually updating RF map of the world. By combining Aurora Insight's spectrum data with Maxar's high-resolution imagery, AI analytics and 3D capabilities, we can unlock new opportunities to support customers with valuable data in the 5G era and beyond."

Aurora Insight will leverage Maxar's deep understanding of geospatial intelligence to continue advancing its spectrum mapping solutions which include spectrum monitoring, mapping wireless network deployments, detecting interference and more.  

About Aurora Insight
Aurora Insight provides data analytics on spectrum and wireless networks. By measuring the global RF environment from land, air and space, we provide government and commercial customers with the most accurate and actionable information available on spectrum and wireless networks. Harnessing the power of technical expertise and innovation, Aurora Insight's solutions enable organizations to meet the current and future challenges of global connectivity.  Headquartered in Denver, CO, and funded by the country's top innovation investors, Aurora Insight is providing data to help advance the future frontiers of global connectivity.

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SOURCE Aurora Insight

Copyright 2022 PR Newswire

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