UrtheCast and Beijing Space View Technology sign strategic cooperation agreement

Dec. 4, 2017

UrtheCast Corp. and its subsidiary, the Earth Observation company Deimos Imaging, announced the signing of a strategic cooperation agreement with Beijing Space View Technology Co. Ltd. ("Space View"), a leading provider of remote sensing satellite data and geospatial information services based in China, for the mutual global distribution of their respective product portfolios. 

The space assets of Deimos Imaging and Space View include Deimos-1, Deimos-2 and the satellite SuperView constellation, of which currently 2 satellites have been launched, with the next two to be launched at the end of 2017, resulting in a wide portfolio of medium, high and very high-resolution satellites. These assets are complementary and are expected to provide customers with an exceptional level of decision making data, and to create unique and valuable benefits across a diverse group of sectors while strengthening the positions of both companies in their respective markets. 

This collaboration will ensure a daily global imaging capability, with multiple revisit opportunities per day over any target. This is key for a wide range of applications, especially those requiring a frequent monitoring over the same area of interest and a real-time response, such as emergency services, border and maritime surveillance and defence and security.

"We are very excited about the strategic cooperation with UrtheCast to expand our international reach, and for new users to explore the potential of our large multi resolution constellation," said Lily Xu, CEO of Space View. "Together with Urthecast's Earth Observation company, Deimos Imaging, I fully believe our combined experience, history and future strategic ambitions align to support both our upcoming constellations." 

"We are delighted to join Space View in a collaboration that, we believe, can significantly accelerate strategic decision making for a wide range of end users," said Fabrizio Pirondini, CEO at Deimos Imaging. "This agreement confirms the importance of partnerships and alliances with other stakeholders to provide our customers with fast, ready to use solutions tailored to their needs.  Focusing our greatly expanded scale of Earth Observation imagery data on our customers' needs, will rapidly expand the potential to create unique value-added products for our clients."