In May 2023, Maxar was acquired by private equity firm Advent International, in an all-cash transaction worth $6.4 billion.
[7][8] In Q3 2018 Maxar's revenue and adjusted profit missed estimates due to a decline in its satellite manufacturing segment oriented towards geosynchronous Earth orbit communications, which led to a plunge in the stock price.
[9] The situation was compounded in January 2019 with the loss of their relatively new WorldView-4 satellite, and the market capitalization fell from $3 to $0.3 billion in half a year,[10] and with an insurance payment only covering a fifth of WV-4 total launch cost the company had to restructure its debts in April 2019.
[12] On December 30, 2019, the company announced that it had entered into a definitive agreement to sell MDA's assets to a consortium of financial sponsors led by Northern Private Capital for CA$1 billion (US$765 million).
[14] The newly formed privately held Canadian company was named MDA Ltd.,[15] which later listed on the Toronto Stock Exchange.