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August 05, 2015 1:15 AM ET

Internet Software and Services

Company Overview of UrtheCast Corp.

Company Overview

UrtheCast Corp., a technology company, focuses on developing ultra HD video feed of the Earth, streamed from space in full color. The company focuses on operating its ultra HD video camera and medium resolution camera mounted on the outside of the Russian module of the International Space Station. Its cameras would provide ultra HD video and still imagery of the Earth that would allow for monitoring of the environment, humanitarian relief, social events, agricultural land, etc. The video and still image data captured by the cameras would be downlinked to ground stations across the planet and displayed on the UrtheCast Web platform, or distributed directly to partners and customers. UrtheCast...

1055 Canada Place

Suite 33

Vancouver, BC V6C 0C3

Canada

122 Employees

Phone:

604-669-1788

Key Executives for UrtheCast Corp.

Co-Founder, Chief Executive Officer and Director
Age: 42
Total Annual Compensation: $275.0K
President, Chief Operating Officer and Director
Age: 45
Total Annual Compensation: $275.0K
Co-Founder and Chief Technology Officer
Age: 51
Total Annual Compensation: $220.0K
Chief Financial Officer
Age: 52
Total Annual Compensation: $220.0K
Vice President of Corporate Finance and Mergers & Acquisitions
Age: 46
Total Annual Compensation: $243.0K
Compensation as of Fiscal Year 2014.

UrtheCast Corp. Key Developments

Elecnor SA, UrtheCast Corp. - M&A Call

To carry out the Acquisition, UrtheCast's wholly-owned subsidiary, UrtheCast International Corp., has entered into a share purchase agreement with Elecnor and Deimos Space, S.L.U. to acquire the outstanding shares of Deimos Imaging, S.L.U. and DOT Imaging, S.L.U

UrtheCast Corp. Releases First-Ever, Full-Color HD Videos of Earth from Space

UrtheCast Corp. announced that it has released the first-ever, full-color HD videos of Earth, filmed from the International Space Station (ISS) at roughly one-meter resolution. Captured by UrtheCast's Ultra HD camera, Iris, from aboard the ISS, the release of the 'First Light' video footage reinforces the company's mission to democratize the Earth Observation industry — with the vision of providing the world with a new, dynamic perspective on evolving planet. Ranging in length from 34 to 47 seconds, and covering areas of up to 1.19 x 0.67 miles (1.92 x 1.08 kms), the Iris camera has captured 'First Light' videos of unparalleled data: London, England; Boston, United States; Barcelona, Spain. The achievement of Initial Operation Capability (IOC) status of the Ultra HD Iris camera is expected to occur in the summer of 2015, and will compliment the existing Medium-Resolution Camera (MRC), Theia, which reached IOC status in 2014 and is actively filling orders for imagery and data.

UrtheCast Corp. Reports Earnings Results for the First Quarter Ended March 31, 2015

UrtheCast Corp. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating income of $117,542, net income of $249,584 on revenue of $3,257,974 against operating loss of $3,892,357, net loss of $3,868,960 for the same period a year ago. Cash inflows from operating activities was $2,808,215 against cash outflows from operating activities of $2,826,858 for the same period a year ago.

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