Urthecast Corp T.UR

Primary Symbol: 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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Post by bargainhuntson Mar 30, 2016 8:49am

171 Views

Post# 24710123

Insurance claim

Hi guys. Relatively new to this board but have been lurking for a while and love some of the quality posts. This sentence in the release caught my eye:

"In the fourth quarter of 2015, the Company made a final claim of $7.3 million under its insurance policy. Notwithstanding these claims, Iris continues to produce videos that meet the needs of certain segments of the market."

Does this mean there is a problem with the HRC?

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