On September 21, 2023, Maxar Technologies, a space technology firm, announced that it is reorganizing into two separate businesses: Maxar Space Infrastructure and Maxar Intelligence. The restructuring comes less than five months after Maxar was acquired by the private equity firm Advent International in a $6.4 billion deal.
Maxar Space Infrastructure will focus on the company’s satellite manufacturing operations, while Maxar Intelligence will focus on its Earth imaging business. The two businesses will continue to work together on joint programs, such as WorldView Legion, Maxar’s next generation of high-resolution Earth imaging satellites.
Chris Johnson, who has been running Maxar’s satellite manufacturing operations, has been named CEO of Maxar Space Infrastructure. Daniel Jablonsky, who has been president and CEO of Maxar Technologies since 2019, will lead Maxar Intelligence as interim CEO.
The dual-CEO structure said Maxar, “enables both businesses to deliver for customers and innovate leading-edge technology with dedicated focus.” The two businesses “will continue to work together on joint programs, such as WorldView Legion.” WorldView Legion is Maxar’s next generation of high-resolution Earth imaging satellites.
The news of Maxar’s reorganization has been met with mixed reactions from industry analysts. Some analysts believe that the split will make Maxar more efficient and competitive, while others are concerned that it could lead to duplication of effort and increased costs.
