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RetireAt55on Feb 10, 2021 1:40pm
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RE:RE:SAR XL now under Alpha Insights company
RE:RE:SAR XL now under Alpha Insights companyInteresting article, "Not in a good way"
https://www.barrons.com/articles/the-space-economy-is-for-real-heres-how-we-know-51612978424 "Alpha Insights, a small company with newly acquired satellite technology, is raising money to invest in the space industry. "
Alpha is acquiring the technology from defunct Urthecast, pronounced Earth-cast. Urthecast spent $65 million developing its technology. The company was a little early to the space market, but it also had two technologies for imaging, one optical-based and one radar-based. It decided to focus on optical imaging. and the markets never developed. Just can't help but feel like we been had.
GL
Retire@55