Advent International has wrapped the purchase of satellite builder Maxar Technologies for $6.4 billion (€5.7bn). Maxar Technologies was created in 2017 from the combination of MacDonald, Dettwiler and Associates (MDA) and DigitalGlobe, with the resulting company renamed Maxar. Maxar was also the parent of Space Systems Loral (SSL) based in Palo Alto, California. The company’s […]

Satellite builder Maxar Technologies is being acquired by Advent International. Advent is paying $53 (€49.90) per share in cash and a total of $6.4 billion for the business. Upon closing the business will then be taken private. Private equity investor Advent is paying a 129 per cent premium over Maxar’s closing price on December 15th. […]

SpaceX launched a satellite into its transfer orbit on June 6th for US pay-radio broadcaster SiriusXM. The launch, SpaceX’s 18th so far this year, placed the 7500 lbs SiriusXM SXM-8 satellite into a transfer orbit with a lift-off just after midnight at 12.26am EDT (4.26 UTC) from Cape Canaveral. The success follows on from an […]

SpaceX carried its 25th mission of the year into orbit on Sunday December 13th at 17.30pm GMT. The client is pay-radio operator SiriusXM (SXM-7). The original scheduled launch was for Friday December 11th but was scrubbed because of technical issues. The satellite was built for SiriusXM by Maxar Technologies. It is one of two satellites […]