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UrtheCast converts first of its MoUs into US$210m deal to move customer-funded OptiSAR constellation forward

Connectivity BusinessbyConnectivity Business
January 19, 2017
in Uncategorized
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Vancouver-based UrtheCast has passed a milestone in its bid to fund an Earth observation constellation integrating synthetic aperture radar through customer commitments alone, after pre-selling rights to two satellites for US$180m. A confidential government customer is the buyer and it has agreed to pay UrtheCast a further US$30m for products and services related to the satellites, […]

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Tags: AirbusAirbus Defence and SpaceGoogleKazakhstan Gharysh SaparyKing Abdulaziz City for Science and TechnologyNorth AmericaOmniEarthPremiumSurrey Satellite Technology Ltd (SSTL)Terra BellaUrtheCast
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