Maxar Technologies

Maxar Technologies Inc., was an American space technology company, specializing in geospatial intelligence, Earth observation, and on-orbit satellite servicing, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017.[3]

Maxar Technologies was the parent holding company of Maxar Space Systems, headquartered in Palo Alto, California, US; and Maxar Intelligence, headquartered in Westminster, Colorado, US. From 2017 to 2023, it was dual-listed on the Toronto Stock Exchange and New York Stock Exchange as MAXR.

In October 2025, Maxar Intelligence and Maxar Space Systems rebranded[4] to become Vantor and Lanteris respectively.

History

Maxar Technologies was created in 2017 from the purchase of

Controversy over BSI Partnership and Pahalgam Imagery Orders (2025)

In May 2025, Maxar Intelligence faced scrutiny following reports that it had received an unusual spike in orders for high-resolution satellite images of Pahalgam, a region in Jammu and Kashmir, India. Between February 2 and 22, 2025, at least 12 such orders were placed, which was double the usual number.[20] This surge occurred shortly after Maxar partnered with Business Systems International Pvt Ltd (BSI), a Pakistani geospatial firm.

BSI is owned by Obaidullah Syed, a Pakistani-American businessman who was convicted in 2021 for illegally exporting high-performance computing equipment and software to Pakistan's nuclear research agency. Despite this conviction, BSI was listed as a Maxar partner in 2023.[21] Following the revelations about the satellite imagery orders, Maxar removed BSI from its list of partners on its website.[22]

Maxar stated that BSI had not placed any orders for imagery of Pahalgam or its surrounding areas in 2025 and had not accessed any such imagery from its archives. However, the timing of the imagery orders and BSI's partnership raised concerns among defense analysts and experts.[23]

In May 2025, it was further reported that the U.S. Department of Homeland Security had earlier complained that BSI had sold satellite imagery to an arm of the Pakistani government. This raised additional concerns about the firm’s access to sensitive geospatial data and its ties to Maxar Intelligence.[24]

Timeline

2017: MDA completed its acquisition of DigitalGlobe, the combined company became Maxar Technologies, dual-listed on NYSE and TSX.[3] MDA will then be a subsidiary of US-based Maxar by 2019.[25]

2018: Announced acquisition of Neptec for $32 million.[26]

2019: Completed U.S. domestication, changing the parent company's incorporation from Canada to Delaware, USA.[27]

2020: MDA is sold to a consortium of Canadian investors led by Northern Private Capital. This sale includes the Houston-based MDA US Systems, LLC.[13]

type	Private
founded	October 5, 2017
defunct	October 2025
key people	Daniel Smoot (President and CEO) Arvind Srinivasan (CTO) Mike Mohn (CFO) Anat Gan Eden (CHRO)
industry	Geospatial solutions and services, engineering services, communications and imaging satellites
revenue	US$1.61 billion (2022)
operating income	US$11 million (2022)
net income	US$-150 million (2022)
assets	US$4.61 billion (2022)
equity	US$1.39 billion (2022)
num employees	2,600 (December 2024)
owner	Advent International
fate	Split
successor	Lanteris Space Systems Vantor
location	Westminster, Colorado, United States
footnotes	‡R1R‡‡R2R‡

History

Controversy over BSI Partnership and Pahalgam Imagery Orders (2025)

Timeline

See also

External links

References