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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.

GREY:LFDEF - Post by User

Urthecast Corp

Bullboard Posts

Comment by colt451on May 02, 2016 8:32am

223 Views

Post# 24831725

RE:RE:Milestone achieved.....

This news release is ground zero for the problem with UR. Investors are not industry experts and throwing jargon into a news release coupled with the paragraph below makes investors like Propjoe think something is hokey.

I believe that everything is this news release is true, but will the market care? Doubt it - in the words of Jerry Maguire, "show me the money."

"We believe that UrtheCast's SAR is the world's most sophisticated imaging radar in commercial development," said UrtheCast's CTO, Dr. George Tyc. "It has been developed through numerous innovations and has resulted in the filing of multiple patent applications." Now that it has been demonstrated using flight representative parts and processes, and the tests have shown that it works spectacularly well, the technical and programmatic risks of our OptiSARTM Constellation development program have been massively reduced. In short, UrtheCast's low-cost revolutionary SAR technology can now be considered proven. It's a game-changer."