Quick NR 08:39 AM EDT, 07/21/2022 (MT Newswires) -- Maxar Technologies (NYSE and TSX:MAXR), a provider of comprehensive space solutions and secure, precise, geospatial intelligence, said Thursday that Esri, a developer of geographic systems and location intelligence, will start using higher resolution Maxar Vivid basemaps to augment the World Imagery layer in the Living Atlas.
The company's stock, which gained 2.2% in Canada yesterday, fell 0.7% in early Frankfurt trading on Thursday.
Under the multiyear agreement, Esri will use Maxar's Vivid basemaps to upgrade nearly half of the global landmass in Living Atlas from 1.2 m resolution to 60 cm resolution.