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Updated 10:46 a.m.
WASHINGTON — DigitalGlobe announced Monday that its WorldView-4 satellite has malfunctioned.
Statement - DigitalGlobe - Division - Maxar - Technologies
In a statement, DigitalGlobe, a division of Maxar Technologies, said the control moment gyros on WorldView-4, launched in November 2016, have failed, preventing the spacecraft from pointing accurately.
Lockheed Martin built the satellite, which used gyros from Honeywell. Maxar said it "intends to seek full recovery for the loss of WorldView-4 under its insurance policies," with an insured value of $183 million.
Maxar - WorldView-4 - Company - Revenue - Company
Maxar said WorldView-4 generated approximately $85 million of the company’s 2018 revenue, which is expected to total roughly $2 billion when the company reports full-year earnings in coming weeks.
The satellite had...
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