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Urthecast Corp LFDEF

UrtheCast Corp is a Vancouver-based technology company that serves the geospatial and geo-analytics markets with a variety of products and services. The company operates earth observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast's cloud-based web platform and distributed directly to partners and customers. The company's primary source of revenue is from earth observation imagery and engineering. Geographically the company offers its services to Europe, Russia, Middle East, Africa, South Asia, and the Americas. Its only operating segment being the provision of the Earth observation imagery, geo-analytics products and services, and engineering and value-added services.


GREY:LFDEF - Post by User

Post by urthecaston Dec 09, 2021 10:11am
300 Views
Post# 34214194

The Government of Canada Funding on UrtheCast Technology

The Government of Canada Funding on UrtheCast TechnologyThe Government of Canada Funding on UrtheCast Technology
5/28/2019 UrtheCast Corp. (TSX:UR) ("UrtheCast" or the "Company") today announces that it has been selected to receive $2.0 million from the Canadian Space Agency's ("CSA") Space Technology Development Program ("STDP"), in two separate agreements of $1.0 million each, for the development of new satellite technologies. CAD $2.0 million
3/14/2017
 
VANCOUVER, March 14, 2017 /CNW/ - UrtheCast Corp. (TSX:UR) ("UrtheCast" or the "Company") today announces that it will receive approximately $17.6 million in funding from Innovation, Science and Economic Development Canada's Industrial Technologies Office as part of its Strategic Aerospace & Defense Initiative (SADI) program. This funding will provide significant financial support for the ongoing development of UrtheCast's planned constellation of Earth Observation satellites, known as the OptiSARTM Constellation. $17.6 million in funding from Innovation, Science and Economic Development Canada
5/26/2016

UrtheCast to Receive Industry Canada Technology Development Program Award of $5 Million to Support Development of its OptiSAR™ Constellation

VANCOUVER, May 26, 2016 /CNW/ - UrtheCast Corp. (TSX:UR) ("UrtheCast" or the "Company") today announces that it will receive $5.0 million in Government of Canada Technology Development Program ("TDP") funding, as part of a $54 million contribution program for the development of new satellite technologies, as administered by the Government of Canada. The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development announced this award on May 5, 2016. UrtheCast's contract for the $5.0 million portion of the TDP award is scheduled to be paid out evenly over five years.

$5.0 million in Government of Canada Technology Development Program ("TDP") funding, as part of a $54 million contribution program

Source:  https://investors.urthecast.com/investor-highlights/press-releases/default.aspx

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