UrtheCast Corp. is a Vancouver-based company that serves
the rapidly growing and evolving geospatial and geo-analytics markets with a wide range of
information-rich products and services. UrtheCast is a Big Data services company specializing in
satellite imaging, data services and geo-analytics. The data the Company collects from its
satellites and third parties fuel powerful cloud-based analytics platforms at the leading edge
of the AI and machine learning revolution. The insights gained from the Company's imagery,
cloud-based processing chain, and algorithms allows its customers to identify potential adverse
events quickly, track long-term trends, monitor change, reduce intervention times, uncover
opportunities, and take targeted, strategic actions to better serve their customers and fulfill
their missions. Key markets served are agriculture, forestry, environment and defense and
intelligence.
UrtheCast has designed and proposes to build and launch a satellite constellation designed to
capture high-quality, medium-resolution optical imagery of the Earth's entire land mass
(excluding Antarctica) everyday, called UrtheDailyTM, and has developed advanced synthetic
aperture radar technology for satellites, called OptiSARTM. Subject to UrtheCast financing the
build and launch of the UrtheDaily Constellation satellites in a timely manner, the Company
currently expects the UrtheDaily Constellation to begin operations in 2021. UrtheCast has
entered into multiple agreements for the sale of imagery from the UrtheDaily Constellation once
UrtheCast begins delivering data to customers.
In January 2019, UrtheCast also acquired Geosys, a digital agriculture company that provides a
suite of geo-analytics products and services to agribusinesses around the world (see "Business
Highlights - Geosys Acquisition"). The acquisition of Geosys positions UrtheCast as a fully
vertically-integrated geo-analytics solution provider for the precision agriculture market, able
to integrate satellite imagery services with analytics.
The Company currently owns and operates two Earth Observation ("EO") satellites, Deimos-1 and
Deimos-2. Imagery data from these sensors is continuously downlinked to ground stations around
the world and distributed directly to partners and customers in multiple markets. UrtheCast also
processes and distributes imagery data and value-added products on behalf of the PanGeo
Alliance, a network of seven EO satellite operators with a combined 13 medium- and
high-resolution EO sensors, led by Deimos Imaging, S.L.U., a wholly-owned subsidiary of
UrtheCast. During the first quarter of 2019, the Company committed to a formal plan and
commenced a bid process to sell all or substantially all of the assets of Deimos Imaging.
Common shares of UrtheCast trade on the Toronto Stock Exchange as ticker 'UR'.
For more information, visit UrtheCast's website at urthecast.com.