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Urthecast Corp T.UR


Primary Symbol: 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

Bullboard Posts
Comment by Electrofuelon Mar 24, 2017 6:28pm
290 Views
Post# 26028945

RE:03/22/17 Elecnor Deimos & Ukraine News!

RE:03/22/17 Elecnor Deimos & Ukraine News! This is an interesting find. Makes one wonder what other agreements, MOU's etc have occured that we don't know about. Even with the info you provided, and trying to dig into it, it's hard to find further details, yet there's supposed to be a specific line item in the noted Dec, 2016 MOU. It also seems that this is Deimos Elecnor Group working for the mutual benefit of themselves and Deimos Imaging. This will all help with the revenue ramp.

As a consequence of the said agreement,   Deimos Space will now award a contract to Deimos Imaging, the UrtheCast Company that owns and operates the Deimos-1 and Deimos-2 satellites, to supply Deimos-2 very high resolution images.

In this connection, the agreement for Deimos-2 data processing systems and imagery was one of the action lines identified in the Memorandum of Understanding signed in December 2016



https://www.elecnor-deimos.com/imagery-reception-system-ukraine/
Bullboard Posts