{"id":511553,"date":"2021-07-12T06:03:10","date_gmt":"2021-07-12T10:03:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/maxar-completes-power-and-propulsion-element-preliminary-design-review\/"},"modified":"2021-07-12T06:03:10","modified_gmt":"2021-07-12T10:03:10","slug":"maxar-completes-power-and-propulsion-element-preliminary-design-review","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/maxar-completes-power-and-propulsion-element-preliminary-design-review\/","title":{"rendered":"Maxar Completes Power and Propulsion Element Preliminary Design Review"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Maxar Completes Power and Propulsion Element Preliminary Design Review<\/b><\/p>\n<p class=\"bwalignc\"><b><i>PPE is the foundational element of NASA\u2019s lunar Gateway<\/i><\/b><\/p>\n<p>WESTMINSTER, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMaxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that the Power and Propulsion Element (PPE) it is developing for NASA\u2019s lunar Gateway has passed its first Preliminary Design Review (PDR) and remains on track for launch in 2024.\n<\/p>\n<p>\nPassing PDR-1 means that Maxar expects to finalize the PPE system-level design over the next year, culminating in the Critical Design Review in May 2022. A second PDR this fall will verify that the evolved PPE design meets mission requirements and is cleared for final design review and fabrication. During this period, Maxar will continue to take delivery of flight hardware units based on the company\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.maxar.com%2Fproducts%2Fspacecraft-platforms&amp;esheet=52457445&amp;newsitemid=20210712005034&amp;lan=en-US&amp;anchor=1300-class+spacecraft+platform&amp;index=1&amp;md5=213a21c026f2de48f5c5d3e62ff4a6a0\">1300-class spacecraft platform<\/a>.\n<\/p>\n<p>\nMaxar\u2019s PPE is the foundational element of the Gateway, providing power, maneuvering, attitude control and communications systems for the lunar orbiting outpost. Gateway is a cornerstone of NASA\u2019s Artemis program, which aims to land the first woman and first person of color on the moon and enable future crewed missions to Mars. PPE is managed by NASA\u2019s Glenn Research Center in Cleveland, Ohio.\n<\/p>\n<p>\nIn 2020, NASA introduced new requirements, including the integration of the PPE with Northrop Grumman\u2019s Habitation and Logistics Outpost (HALO) on the ground to enable launch of both modules together on a single <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nasa.gov%2Fpress-release%2Fnasa-awards-contract-to-launch-initial-elements-for-lunar-outpost&amp;esheet=52457445&amp;newsitemid=20210712005034&amp;lan=en-US&amp;anchor=SpaceX+Falcon+Heavy&amp;index=2&amp;md5=012c33a6ed820e7bf3eb9553b590770d\">SpaceX Falcon Heavy<\/a> launch vehicle. This change reduced Gateway\u2019s risk profile and increased its cost effectiveness, necessitating the need for a second PDR that reflects the evolved program design.\n<\/p>\n<p>\nMaxar\u2019s 1300-class spacecraft are currently supporting the following NASA missions:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nPPE, the highest power solar electric propulsion spacecraft ever built\n<\/li>\n<li>\nPsyche, a deep space mission to a metal-rich asteroid\n<\/li>\n<li>\nOSAM-1, an on-orbit assembly, manufacturing and refueling demonstration\n<\/li>\n<li>\nTEMPO, a climate sensor hosted on a commercial communications satellite\n<\/li>\n<\/ul>\n<p>\n\u201cClearing this development milestone for PPE is a significant accomplishment,\u201d said Chris Johnson, Maxar\u2019s Senior Vice President of Space Program Delivery. \u201cPPE is one of several NASA programs built on Maxar\u2019s trusted 1300-class spacecraft platform, which leverages decades of our commercial design, manufacturing and operations expertise. At Maxar, our team is agile, and our spacecraft are versatile. The progress we have made on PPE is further evidence that we are prepared to meet a broad range of civil, commercial and national security mission needs.\u201d\n<\/p>\n<p><b>About Maxar<\/b><\/p>\n<p>\nMaxar is a trusted partner and innovator in Earth Intelligence and Space Infrastructure. We deliver disruptive value to government and commercial customers to help them monitor, understand and navigate our changing planet; deliver global broadband communications; and explore and advance the use of space. Our unique approach combines decades of deep mission understanding and a proven commercial and defense foundation to deploy solutions and deliver insights with unrivaled speed, scale and cost effectiveness. Maxar\u2019s 4,400 team members in over 20 global locations are inspired to harness the potential of space to help our customers create a better world. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.maxar.com&amp;esheet=52457445&amp;newsitemid=20210712005034&amp;lan=en-US&amp;anchor=www.maxar.com&amp;index=3&amp;md5=e3ddca08c19bb183a6cd30f6ca8b352c\">www.maxar.com<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements <\/b><\/p>\n<p>\nCertain statements and other information included in this release constitute &#8220;forward-looking information&#8221; or &#8220;forward-looking statements&#8221; (collectively, &#8220;forward-looking statements&#8221;) under applicable securities laws. Statements including words such as &#8220;may&#8221;, &#8220;will&#8221;, &#8220;could&#8221;, &#8220;should&#8221;, &#8220;would&#8221;, &#8220;plan&#8221;, &#8220;potential&#8221;, &#8220;intend&#8221;, &#8220;anticipate&#8221;, &#8220;believe&#8221;, &#8220;estimate&#8221; or &#8220;expect&#8221; and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this presentation.\n<\/p>\n<p>\nForward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this presentation. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in<b \/>the Company&#8217;s continuous disclosure materials filed from time to time with U.S. securities and Canadian regulatory authorities, which are available online under the Company&#8217;s EDGAR profile at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2F&amp;esheet=52457445&amp;newsitemid=20210712005034&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=4&amp;md5=85cc40fda3d1eb1cc1d0047a2b94eeb2\">www.sec.gov<\/a>, under the Company&#8217;s SEDAR profile at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedar.com%2F&amp;esheet=52457445&amp;newsitemid=20210712005034&amp;lan=en-US&amp;anchor=www.sedar.com&amp;index=5&amp;md5=9b4c2dce90b41fe8acf08ec42b45a568\">www.sedar.com<\/a> or on the Company&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.maxar.com%2F&amp;esheet=52457445&amp;newsitemid=20210712005034&amp;lan=en-US&amp;anchor=www.maxar.com&amp;index=6&amp;md5=9898fb02af08f8b4350d3b983edbdb4f\">www.maxar.com<\/a>.\n<\/p>\n<p>\nThe forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this presentation as a result of new information or future events, except as may be required under applicable securities legislation.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210712005034r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210712005034\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210712005034\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contact:<br \/>\n<\/b><br \/>Jason Gursky<br \/>\n<br \/>Maxar VP, Investor Relations and Corporate Treasurer<br \/>\n<br \/>1-303-684-2207<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jason.gursky@maxar.com\">jason.gursky@maxar.com<br \/>\n<\/a><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Abby Dickes<br \/>\n<br \/>Government Marketing &amp; Communications Manager<br \/>\n<br \/>1-202-750-0914<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:abby.dickes@maxar.com\">abby.dickes@maxar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada Colorado<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Aerospace Manufacturing Satellite<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Maxar Completes Power and Propulsion Element Preliminary Design Review PPE is the foundational element of NASA\u2019s lunar Gateway WESTMINSTER, Colo.&#8211;(BUSINESS WIRE)&#8211; Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that the Power and Propulsion Element (PPE) it is developing for NASA\u2019s lunar Gateway has passed its first Preliminary Design Review (PDR) and remains on track for launch in 2024. Passing PDR-1 means that Maxar expects to finalize the PPE system-level design over the next year, culminating in the Critical Design Review in May 2022. A second PDR this fall will verify that the evolved PPE design meets mission requirements and is cleared for final design review and fabrication. During this period, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/maxar-completes-power-and-propulsion-element-preliminary-design-review\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Maxar Completes Power and Propulsion Element Preliminary Design Review&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-511553","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Maxar Completes Power and Propulsion Element Preliminary Design Review - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/maxar-completes-power-and-propulsion-element-preliminary-design-review\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maxar Completes Power and Propulsion Element Preliminary Design Review - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Maxar Completes Power and Propulsion Element Preliminary Design Review PPE is the foundational element of NASA\u2019s lunar Gateway WESTMINSTER, Colo.&#8211;(BUSINESS WIRE)&#8211; Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that the Power and Propulsion Element (PPE) it is developing for NASA\u2019s lunar Gateway has passed its first Preliminary Design Review (PDR) and remains on track for launch in 2024. Passing PDR-1 means that Maxar expects to finalize the PPE system-level design over the next year, culminating in the Critical Design Review in May 2022. A second PDR this fall will verify that the evolved PPE design meets mission requirements and is cleared for final design review and fabrication. 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Passing PDR-1 means that Maxar expects to finalize the PPE system-level design over the next year, culminating in the Critical Design Review in May 2022. A second PDR this fall will verify that the evolved PPE design meets mission requirements and is cleared for final design review and fabrication. 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