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Showing posts with the label UrtheCast

New Radarsat R&D Funding is Mostly for Software Analytics But Includes Some Interesting Surprises

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           By  Chuck Black The issuing of multiple contracts totaling $6.7Mln CDN through the Department of National Defence (DND) to eight Canadian and international companies to develop " situational awareness " applications focused around the analysis and assessment of synthetic aperture radar (SAR) data-sets generated from Canada's Radarsat program, is typical of the ramp up of any new military program. But the new contracts issued last week could potentially end up being just another example of Canadian ingenuity arriving late to an international party already bursting with experienced data analytics experts and ingenious applications. As outlined in the December 14th, 2018 Government of Canada backgrounder " Government of Canada announces contract awards aimed at improving space-based earth observation capabilities ," the new awards included: Quebec PQ based ABB Canada , which received $305,000, or one half of the $610,000 required to investig...

With Stock Prices Rising, A New Board, New CEO and Secured Funding, UrtheCast Might Be Moving Forward

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           By  Chuck Black Vancouver BC based UrtheCast is moving quickly to make up for lost time and (hopefully) remind the country that the private sector can also fund and execute complex space focused projects. According to the January 3rd, 2018 Cantech Letter post, " Urthecast has 264% upside, Clarus Securities says ," the stock market was betting big on UrtheCast. But in March 2018, its stock fell through the floor, loosing almost half its value on March 8th (from $0.98 CDN to $0.55CDN) and slowly dropping under $0.30 CDN per share over the next several months. As outlined in the June 26th, 2018 post, " UrtheCast Shareholders Endorse the New Board ," the new board and CEO, ex-MDA president Don Osborne, are hoping to generate a turn around, or at least some signs of life, before the next financial reporting period, sometime this fall. Graphic c/o UrtheCast. As outlined in the September 20th, 2018 UrtheCast press release, " UrtheCast Announc...