This drop in revenue/loss was expected, but overreaction is pure fake panic, it will rebound, NOT to previous targest of $60 :), but definitely 25-30.
This company supplies NASA, US Dept of Defense (Air & Space Force), Satellite-based Imaging for global companies, etc... it won't stay down long.
The drop in revenue reflects a change in how Government & Comemrcial satcom companie recently spend their money - less on GEOstationary satellites & more on Micro-satellties., this is a transition and it's always painful for most companies, Maxar won't stay down long.... MEANWHILE I used opportunity to buy exactly 1K shares today cheaply :) (approx. $15,000 or so, I (still) keep buying tomorrow & while it's obscenely cheap, so amount not finalized yet).
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