Maxar Technologies has separated into two separate businesses, one focused on spacecraft manufacturing and the other on satellite imagery, SpaceNews reported Wednesday.
The reorganization came four months after private equity firm Advent International closed its acquisition of Maxar in an all-cash transaction worth approximately $6.4 billion. The deal was first announced in December 2022.
Dan Jablonsky, president and CEO of Maxar Technologies and a two-time Wash100 awardee, will serve as interim chief executive of Maxar Intelligence.
Chris Johnson, who oversees the Westminster, Colorado-based space technology company’s satellite manufacturing operations, will oversee Maxar Space Infrastructure as CEO.
Maxar said in a statement it expects the restructuring to further advance growth and technology innovation in support of customers and that the two businesses will continue to work on the Earth imaging satellite constellation WorldView Legion and other joint programs.
“This is an exciting time for both businesses, as demand for space and geospatial solutions continues to grow, and Maxar Space Infrastructure and Maxar Intelligence are well positioned to grow,” the company noted.
