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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

Comment by Pandoraon Feb 10, 2020 9:53pm
105 Views
Post# 30671008

RE:How about Musk?

RE:How about Musk?
Just like that, last week, 34 new satellites. The first batch of an intended 648:

LinkedInShare to More

LONDON -- OneWeb, the global communications company with a mission to bring connectivity to everyone everywhere, today announced the successful launch of 34 satellites, aboard a Soyuz launch vehicle from the historic Baikonur Cosmodrome, Kazakhstan.

Lift-off occurred on February 06th at 21:42 pm UTC. The OneWeb satellites separated from the rocket and were dispensed in nine batches over a period of several hours.

This launch is the second successful launch in one of the largest civilian satellite launch campaigns in history. It will help build OneWeb's phase one constellation of 648 satellites that will deliver high-speed, low-latency global connectivity, while addressing the world's most pressing connectivity problems.

The communications company is on schedule to provide global coverage to customers in 2021, starting with the first commercial services in the Arctic this year. This follows OneWeb both securing global priority spectrum rights and successfully launching its first batch of satellites in 2019.

OneWeb's network will provide a unique combination of high data throughput, low latency, true global coverage and a range of user terminals for multiple markets including maritime, aviation, government and enterprise.

Adrian Steckel, CEO of OneWeb, said: "The successful manufacture, delivery and launch of this batch of 34 satellites is the latest proof point of the OneWeb plan. Importantly, today's mission also brings us closer to our next step, realizing our ultimate vision of providing access to high speed, reliable internet to everyone, everywhere.

"We are seeing considerable interest from prospective customers and partners. Later this year, we will provide service in the arctic region and 2021 will see OneWeb achieve global coverage, making the digital divide a thing of the past. I'm very proud of our team and partners who continue to collaborate to make our ambitious scale a reality, and also those in Kazakhstan for supporting our vision."

OneWeb

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