Shift away from GEO comms intensifies as Maxar faces SSL divestment challenge

摘要

Maxar Technologies (NYSE:MAXR) will find it challenging to sell its SSL GEO manufacturing business in a declining market, an analyst said, as the company explores strategic alternatives amid a shift away from GEO as the anchor architecture in satellite communications. SSLs struggles have dragged down the financial results of Maxar s space business. The technology giant recognised an impairment loss of US$345.9m and inventory obsolescence of US$37.7m related to the GEO business.