Urthecast

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UrtheCast Corp.
TypePublic
TSX: UR
IndustryInternet
Founded10 December 2010 Edit this on Wikidata
HeadquartersVancouver, British Columbia, Canada
Area served
Worldwide
Key people
Don Osborne (CEO)
(Chair of the Board)
Dr. George Tyc (CTO)
Sai Chu (CFO)
Wade Larson and Scott Larson (Co-Founders)
ProductsRemote sensing
Geospatial information
Revenue$15.6 million (2018) [1]
WebsiteUrtheCast.com

UrtheCast is a Vancouver-based Canadian earth observation company. It produced two cameras on the International Space Station. One of these is a medium resolution camera and the other is the first ultra-high definition video camera in space.[clarification needed] The company went public on the Toronto Stock Exchange in June 2013[2] but was delisted in October 2020 after it filed for creditor protection.[3]

On June 22, 2015 UrtheCast announced plans to place a 16 satellite constellation in orbit called "OptiSar" to image the earth with synthetic aperture radar (SAR) and optical cameras in order to provide earth observation day or night, rain or shine.[needs update]

On June 23, 2015 UrtheCast announced it had reached an agreement to buy Spanish based earth observation company Deimos Imaging and its two satellites. On March 31, 2016 Urthecast announced plans to place an additional 8 satellite constellation in orbit called "UrtheDaily" to monitor the entire earth every day.[citation needed]

Urthecast has asked the UK manufacturer SSTL to make the satellites, and the Spanish organization Elecnor Deimos to design the ground control functions. The goal is to make large amounts of earth observation imagery from multiple sensors, and to place the data in a user-friendly, cloud-based platform available to people to process the data. "OptiSar" is still pending financing and its launch date is still TBD. "UrtheDaily" is in the final stages of financing and is scheduled to launch in 2020.

Other constellation announcements are Airbus (which owns SSTL) plans to build a 900 spacecraft for OneWeb, which aims to cover the Earth with broadband connectivity.[4]

UrtheCast announced[5] that Innovation, Science and Economic Development Canada’s Industrial Technologies Office will grant the company approximately CA$17.6 million ($13.08 million) in funding as part of its Strategic Aerospace & Defense Initiative (SADI) program. This funding will provide financial support for the ongoing development of UrtheCast’s planned "OptiSAR" constellation.

In 2018, UrtheCast acquired Geosys from Land O'Lakes, Inc.[6]

References[]

  1. ^ "UrtheCast Reports Fourth Quarter and Fiscal 2018 Financial Results".
  2. ^ UrtheCast Announces the Completion of Reverse Takeover Transaction and Private Placement, Newswire Canada, 24 June 2013.
  3. ^ "Vancouver satellite-imaging company UrtheCast becomes latest tech firm to seek creditor protection during pandemic". The Kingston Whig-Standard. October 8, 2020.
  4. ^ "Urthecast video cameras to circle globe - BBC News". BBC News. 22 June 2015. Retrieved 2015-06-22.
  5. ^ "UrtheCast raises CA$17.6 million to support OptiSAR constellation - Geospatial World". Geospatial World (in American English). Retrieved 2017-09-21.
  6. ^ "Land O'Lakes to Sell Geosys for $20 Million". Successful Farming. 2018-08-23. Retrieved 2019-04-08..

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