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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 > Wasn't a deal supposed to be announced a month ago??
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Comment by URthereumon Dec 13, 2019 1:25pm
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Post# 30452686

RE:Wasn't a deal supposed to be announced a month ago??

RE:Wasn't a deal supposed to be announced a month ago??It's getting hard to remember. The conference call before last call they had said they would know what deals were on the table by Sep 30. 3 months later, nothing has come there.

On the last conference call it sounded like they would have Deimos sold by end of January at the latest, going through due diligence etc and would have financing by EOY. 

I am waiting to be pleasantly suprised by something. It seems like their company has not done anything in a LONG LONG time. How they get a financed deal and all of their stuff built for a 2021 UrtheDaily constellation launch is beyond me.
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