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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 Cowbaystockson Oct 05, 2020 7:21pm
178 Views
Post# 31669849

RE:RE:RE:RE:UR gets CSA contract

RE:RE:RE:RE:UR gets CSA contract I may be wrong but I think they are coming out of the protection, really as of Oct 3rd. I went through the EY docs, they stated they didnt need an extension beyond the one ending Oct 3rd. They had a cash flow analysis done on the 5 mil that was going to take them through till mid december. They still have to sell assets though to pay off the loans. Im not totally sure what's on the go here. 

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