MADRID, July 11, 2017 /CNW/ - 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.
For three months, anyone with the ArcGIS platform will have free
access 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."
About UrtheCast
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
UrtheDailyTM 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 UrtheDailyTM
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.
SOURCE UrtheCast Corp.