exactEarth ltd T.XCT

Primary Symbol: EXRTF

exactEarth Ltd provides space-based maritime tracking data from its own satellites. It offers services including maritime vessel data for ship tracking and maritime situational awareness solutions. The product portfolio of the company includes exactAIS, exactAIS Archive, exactEarth ShipView, exactAIS Geospatial Web Services, exactAIS Density Maps, and exactTrax products. Its products and services are divided into categories, including Subscription Services, Data Products, and Other Products and Services. Maximum revenue is derived from the subscription services. Geographically, the presence of the firm is seen across Canada, the US, Europe, and other countries.

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exactEarth ltd > Expansion AGMT with increased revenue

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Post by Blaser2on Jul 06, 2020 9:22am

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Post# 31227733

Expansion AGMT with increased revenue

Exactearth Announces $7.0 Mln Expansion Of Channel Partner Agreement

BRIEF-Exactearth Announces $7.0 Mln Expansion Of Channel Partner Agreement

July 6 (Reuters) - exactEarth Ltd:

* EXACTEARTH ANNOUNCES $7.0 MILLION EXPANSION OF CHANNEL PARTNER AGREEMENT

* EXACTEARTH LTD - AMENDED AGREEMENT EXTENDS CURRENT AGREEMENT BETWEEN COMPANIES BY THREE-AND-A-HALF YEARS THROUGH TO DECEMBER 2023

* EXACTEARTH-ESTIMATES THAT AMENDED AGREEMENT WILL GENERATE ADDITIONAL INCREMENTAL REVENUES OF ABOUT $7.0 MILLION, OR $2.0 MILLION PER YEAR ON ANNUALIZED BASIS Source text for Eikon: Further company coverage:

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