WASHINGTON Maxar Technologies has decided not to sell or shut down its commercial geostationary orbit satellite business, but will restructure it with a greater emphasis on smaller satellites and government customers.
In an interview with SpaceNews, Walter Scott, executive vice president and chief technology officer of Maxar, said that after months of analysis about the future of its Space Systems Loral business unit, including options to sell the business or even shut it down, the company has decided to keep it.
SSL has more value to us than any prospective buyer was willing to pay, he said. The cost and the risk that would be associated with the wind down would have been very destructive for our customers and our team and unattracti…
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