UrtheCast ‐ Articles

Local Space Tech Pioneer Goes Public Via Reverse IPO

UrtheCast one of four recent Canadian tech IPOs helping to raise hopes for sector’s resurgence.

A Vancouver company that plans to stream video of Earth from space is among the first Canadian high-tech companies to go public since Vancouver’s Avigilon Corp. (TSX:AVO) in 2011.

UrtheCast Corp. (TSX:UR) went public June 27 through a reverse takeover of Longford Energy Inc., a $30 million shell company that was originally set up as a resource business.

UrtheCast (pronounced earthcast) was one of four Canadian high-tech companies (two in Ontario, one in Saskatchewan) to go public on the TSX in recent weeks – something analysts read as a sign of a tech stock comeback.

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Private Venture’s HD Cameras Bound for ISS on Nov. 21 Soyuz Launch

UrtheCast Corp., the Canadian firm preparing to offer high-definition video imagery from the international space station, announced July 9 that its two cameras are scheduled to launch Nov. 21 on a Russian Soyuz rocket from the Baikonur Cosmodrome in Kazakhstan.