Madrid, Spain, July 11, 2017
UrtheCast Corp. and its subsidiary, the Earth Observation company Deimos Imaging, today announce a broad partnership with Esri, starting with a new UrtheCast imagery service which is powered by Esri: Kanvas. The service will enable all Esri users to access timely, reliable and quality assured imagery, directly into their apps and desktops. The on-the-fly imagery service curated by Deimos imaging, is a precursor to the upcoming UrtheDaily™ constellation which is expected to image the entire Earth daily at 5m resolution, complimenting Sentinel-2 and Landsat applications.
Starting today, anyone with the ArcGIS platform will have free access for three months to the multi-season time series of medium and very-high resolution satellite imagery, over the whole of Spain and California. Hosted in Amazon Web Services using ArcGIS, Esri users can utilise the multi-temporal imagery service and start building valuable apps for monitoring, change detection, precision insights and more.
“We are very excited about the broad partnership with UrtheCast and for our users to explore the potential of Kanvas using ArcGIS. Allowing users to create simple, quick, insightful apps, based on timely and qualified imagery, will inspire new solutions in GIS” said Lawrie Jordan, Director of Imagery at Esri. “We fully support the upcoming UrtheDaily constellation and see significant interest from our users. Delivering daily coverage of the Earth as geo-analytic ready imagery directly into the hands of our users, means that mapping the Earth daily is now a step closer, and the intelligent map a future reality.”
Kanvas is being presented at the Esri User Conference in San Diego, July 10-14. A free test drive in ArcGIS will be available at the UrtheCast and Deimos Imaging’s booth number 1931, near the Imagery Island.
“We see that easy-to-use value-added products and services with geo-analytics capabilities are significantly broadening the utility of Earth Observation data. The future is in user-focused, real-time apps”, said Jamie Ritchie, Business Development Director at UrtheCast and Deimos imaging. “The goal of Kanvas is to bring imagery to life by leveraging machine learning algorithms in an integrated environment. By partnering with Esri, we are delighted to make available our imagery in ArcGIS, to significantly accelerate decision making in a wide range of fields.”
For more information, visit UrtheCast’s website at www.urthecast.com or contact:
Ana Isabel Martínez
+34 617 148 635
SOURCE UrtheCast Corp.
UrtheCast Corp. is a Vancouver-based technology company that serves the rapidly evolving geospatial and geoanalytics markets with a wide range of information- rich products and services. The Company operates Earth Observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast’s cloud-based web platform and sold to partners and customers. Through its subsidiary Deimos Imaging, UrtheCast processes and distributes imagery data and value-added products on behalf of the PanGeo Alliance, a network of eight satellite operators with a combined 15 medium- and high-resolution EO sensors. UrtheCast is also developing and expects to launch two EO satellite constellations: the world’s first fully-integrated constellation of sixteen multispectral optical and SAR satellites, called OptiSAR™, and an eight-satellite constellation designed to capture high-quality, medium- resolution optical imagery of the Earth’s entire landmass (excluding Antarctica) every day, called UrtheDaily™. Together, the Company believes these constellations will revolutionize monitoring of our planet with medium- and high-resolution, high-coverage and high-revisit imagery in all weather conditions. Common shares of UrtheCast trade on the Toronto Stock Exchange as ticker “UR”.
Forward Looking Information
This release contains certain information which, as presented, constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information involves statements that relate to future events and often addresses expected future business and financial performance, containing words such as “anticipate”, “believe”, “plan”, and “expect”, statements that an action or event “may”, “might”, “could” or “will” be taken or occur, or other similar expressions and includes, but is not limited to: UrtheCast’s expectations with respect to its partnership with Esri, Kanvas and the ArcGIS platform; its current sensors and proposed OptiSAR™ and UrtheDaily™ constellations; its plans for and timing of expansion of its product offering and value-added services; and its future growth and operations plans. Such statements reflect UrtheCast’s current views with respect to future events. Such statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by UrtheCast, are inherently subject to significant uncertainties and contingencies. Many factors could cause UrtheCast’s actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements, including, among others: the termination of the partnership with Esri; and failures in respect of Kanvas or the ArcGIS platform; any delays or failures in the design, development, construction, launch and operational commissioning of the proposed OptiSAR™ or UrtheDaily™ constellations; the Company being unable to adequately finance the development, building, launch and commissioning of the UrtheDaily™ Constellation or to convert the remaining MOUs and other customer discussions in respect of the OptiSAR™ constellation into binding, definitive agreements;; the decline of key relationships in, or termination of, the PanGeo Alliance of EO satellite operators; loss of key EO imagery sales contracts or customers; failures aboard the ISS or the Deimos-1 or Deimos-2 satellites; failure to obtain, or loss of, regulatory approvals, as well as those factors and assumptions discussed in UrtheCast’s annual information form dated March 28, 2017, (the “AIF”), which is available under UrtheCast’s SEDAR profile at www.sedar.com. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein, in the AIF, and as disclosed from time to time on UrtheCast’s SEDAR profile. UrtheCast undertakes no obligation to update forward-looking statements except as required by Canadian securities laws. Readers are cautioned against attributing undue certainty to forward-looking statements.