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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 RetireAt55on Feb 10, 2021 1:40pm
242 Views
Post# 32527007

RE:RE:SAR XL now under Alpha Insights company

RE:RE:SAR XL now under Alpha Insights companyInteresting article, "Not in a good way" 

https://www.barrons.com/articles/the-space-economy-is-for-real-heres-how-we-know-51612978424

"Alpha Insights, a small company with newly acquired satellite technology, is raising money to invest in the space industry. "


Alpha is acquiring the technology from defunct Urthecast, pronounced Earth-cast. Urthecast spent $65 million developing its technology. The company was a little early to the space market, but it also had two technologies for imaging, one optical-based and one radar-based. It decided to focus on optical imaging. and the markets never developed.


Just can't help but feel like we been had.

GL
Retire@55



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