Urthecast Corp LFDEF

Technology Software - Application

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.

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Urthecast Corp

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Comment by BlueHorseshoe13on Feb 22, 2016 9:20am

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Post# 24581009

RE:RE:RE:DigitalGlobe

Yeah good question NM4R. I'd say DGI has become a weathervane for the EO indsutry. Their Q3 MD&A included guidance on slower top-line growth, etc., which essentially precipitaed a sell off in not only DGI but also (I'd argue) UR as well. This news, plus previous releases on a strong contract backlog for World View 4 and their coverage of the summer olympics is high-level support for the industry in general.

It also looks as if DGI's constellation is technically less ambitious than UR's, but on similar timelines.

Given that DGI has done this JV with the Saudi royal family (in essense), I'd argue that this is at least a partial de-risking of the geopolitical uncertainty baked into UR's price as both the Saudis and Russia run what are ostensibly autocratic regimes with questionable human rights records. The deal done with SA is structurally similar to UR's deal with Energia.

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