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Maxar Intelligence And Satellogic Announce Agreement That Enhances Maxar's Ability To Deliver Monitoring And Change Detection Insights In Near Real-Time For The U.S. Government And The Government's Partners Around The World
Satellogic Inc Ordinary Shares - Class A SATL | 0.00 |
Maxar Granted Exclusive Rights to Satellogic Data for Missions Supporting the U.S. Government and Select International Government Partners
Maxar Intelligence and Satellogic, Inc. (NASDAQ:SATL) have announced a tasking, data licensing and distribution agreement (the "Agreement") that enhances Maxar's ability to deliver monitoring and change detection insights in near real-time for the U.S. government and the government's partners around the world.
Specifically, the Agreement grants Maxar exclusive rights to task Satellogic's high-revisit constellation and use its cost-effective satellite imagery to support national security missions for the U.S. Government and select U.S. partners internationally.
Pairing Satellogic's high frequency revisit rates with Maxar's very-high resolution satellite imaging capabilities and AI-powered technologies creates a differentiated offering in the market. Maxar can task Satellogic imagery and apply machine learning models to simultaneously monitor activity and detect change over multiple geographies. When it is time to better understand that activity or change, Maxar can collect a 30 cm-class image to get a more detailed and precise view. This Agreement unlocks new opportunities to deliver Earth observation data by achieving a balance between cost, resolution, and revisit frequency.