Topic: How To Invest

Q: Hello Pat and Team: What is your opinion on Maxar Technologies? Thanks.

Article Excerpt

A: Maxar Technologies, $58.45, symbol MAXR on Toronto (Shares outstanding: 55.9 million; Market cap: $3.3 billion; www.maxar.com), changed its name from MacDonald Dettwiler and Associates in October 2017. The company remains a global provider of communications systems, high-resolution earth-imagery products and services, and information systems for the surveillance/intelligence and communications markets. Its customers include global satellite operators, government entities, and other corporate clients. Maxar completed the purchase of Colorado-based DigitalGlobe Inc. (symbol DGI on New York) in October 2017 for $2.3 billion U.S. That firm is a leading global provider of commercial high-resolution, world imagery products and services. Sourced from its own satellite constellation and aerial network, DigitalGlobe’s imagery has a wide variety of uses. They include mapping, analysis and navigation. Its services are used by companies such as Facebook, Uber and U.S. defence contractor Harris Corp. DigitalGlobe is perhaps best-known as the satellite imagery company that helped look for the missing Malaysia Airlines jetliner in 2014. It used crowdsourcing to search for the…