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Urthecast Corp 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 DPS101on May 15, 2020 10:22pm
162 Views
Post# 31036943

RE:RE:RE:Here are Q4 and F19 results

RE:RE:RE:Here are Q4 and F19 resultsI'm just a bit concerned that the Deimos deal will not go through. I don't understand all this delay, and we keep hearing "we're in final talks in selling Deimos" on every update from UR in what, 12 months now? It's not helping that the Deimos-1 is beyond its projected lifetime, and Deimos-2, launched in 2014 had a projected lifetime of 7 years, so it was designed to run until next year. How much value is left there to tap? I know initial projected lifetime can be extended, but we haven't heard anything from UR about that.

I'm investing in urthedaily, and hope to see the constellation take fligt soon. 
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