Closing Bell Manifest Space: Maxar Splits In Two, Rebrands as Vantor and Lanteris 10/2/25
Oct 2, 2025
Dan Smoot, CEO of Vantor (formerly Maxar Intelligence), leads a fascinating discussion on the company's transformation into a software-driven powerhouse. He highlights how AI-powered geospatial data is enhancing defense and navigation. Vantor's impressive 90% recurring revenue and innovative products like Raptor and Sentry are showcased, illustrating the convergence of commercial space with defense technology. Smoot also touches on international growth and offers personal advice on setting work boundaries—a must-listen for tech enthusiasts!
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From Imagery To Software Platform
- Vantor shifted from an imagery company into a software-first business delivering ground capabilities.
- The company built Tensor Globe to turn foundational mapping data into recurring, real-time decision tools.
Recurring Revenue And Product Traction
- Vantor reports 90% of revenue is recurring, representing over $900 million in ARR in H1.
- New products Raptor and Century already built a pipeline of over $300 million, accelerating predictable growth.
Dual Customer Base, Defense-Led Growth
- Vantor serves both defense/intel and commercial customers, but recent growth is strongest in international defense markets.
- Commercial uses include 3D mapping for navigation, watches, and phone-based consumer applications.