(Reuters) – U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its Canadian space robotics business to a consortium led by Northern Private Capital (NPC) for C$1 billion ($765 million), in a bid to ease its debt.
The company’s shares were up 16.2% in premarket trading.
Maxar will retain its U.S.-based space robotics division, which is responsible for developing the robotic hardwares used in NASA’s Mars 2020 rover.
