Tag Archives: UrtheCast

UrtheCast receives CSA technology contribution but court protection follows

UrtheCast Q2 2018b Financials

UrtheCast is yet another company to recently benefit from a contribution from the Canadian Space Agency's (CSA) latest Space Technology Development Program (STDP) funding round. In the case of UrtheCast, it received one of the larger contributions, $999,916. That news was announced on June 30th. However, subsequent to the award the company on Friday, September 4th filed for court protection with the Supreme Court of …

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MDA and UrtheCast led projects get funding from the Digital Technology Supercluster

The Digital Technology Superclusters funds the Protecting our Oceans and Satellite-based Environmental Analytics projects

The Digital Technology Supercluster is moving forward with two partner projects led respectively by MDA and UrtheCast. MDA is leading the Protecting Our Oceans project while UrtheCast is leading the Satellite-Based Environmental Analytics project. Both projects look to innovate digital solutions to address challenges created by climate change. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, …

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UrtheCast reports Q1 2020 financial results and is awarded $1M government contract

UrtheCast logo

UrtheCast financial results for the first quarter of 2020 showed steady revenue year-to-year, though the company is still having trouble securing financing for the UrtheDaily Constellation. While revenue stayed steady at $4.4 million, operating costs increased to $7.8 million. The company reported a net loss from continuing operations of $2.5 million and a net loss from discontinued operations of $8.6 million. This page is for …

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Canadian Space Agency Awards $9M in Technology Contracts

Canada in Space

The Canadian Space Agency (CSA) announced on Twitter yesterday the first round of contracts for its Space Technology Development Program AO 6. All told, the CSA awarded $9 million in 14 contracts to 8 companies. MDA was the recipient of 6 contracts valued at just over $3.5 million. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, …

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