UrtheCast and Twenty First Aerospace Technology Sign a Strategic Partnership

UrtheCast and Twenty First Aerospace Technology Sign a Strategic Partnership

UrtheCast Corp. (TSX:UR) (“UrtheCast” or the “Company”), and Twenty First Century Aerospace Technology Co. Ltd (“21AT”), China’s largest independent commercial satellite operator and non-governmental investor in remote sensing satellite systems, today announced a long-term strategic partnership to acquire geospatial data from the UrtheDailyTM Constellation, UrtheCast’s planned constellation of Earth observation satellites which will deliver daily, medium resolution imagery of the entire planet’s landmass, excluding Antarctica.

By entering into this agreement, 21AT becomes a key anchor partner for the UrtheDailyTM Constellation and UrtheCast’s strategic partner for UrtheDailyTM Constellation data within the large Chinese market. 21AT, already one of the world’s leading providers of satellite imagery and services, will use the data to build an applications service platform to improve the decision-making services for users across China and beyond.

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