In reading the second quarter financial results from UrtheCast you can see how bad the situation is. Listening to their investor call is what truly gives you a sense as to how bad this company performed, but that maybe, better times might be in sight.
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It’s been rough start to the year for UrtheCast as it tries to move forward with its plan to build its UrtheDaily Constellation. A confluence of events though has the company on the edge of a precipice.
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UrtherCast reported mixed third quarter earnings yesterday and indicated that it was poised to follow through on its business plan to deliver machine-to-machine Earth observation software as a service.
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