CAMBRIDGE, ON, July 6, 2020 (exactEarth PR)– exactEarth Ltd. (TSX:XCT) (“exactEarth” or the “Company”), a leading provider of Satellite-AIS data services announces an expanded alliance agreement (the “Amended Agreement”) with one of its existing channel partners (the “Partner”). All financial figures are in Canadian dollars unless otherwise stated.
The Amended Agreement extends the current agreement between the companies by three-and-a-half years through to December 2023. exactEarth estimates that this Amended Agreement will generate additional incremental revenues of approximately $7.0 million, or $2.0 million per year on an annualized basis.
KOUROU, French Guiana (ESA PR) — The ESAIL microsatellite for tracking ships worldwide – developed under an ESA Partnership Project – has completed its accommodation on Vega’s new dispenser for small satellites and is ready for launch.
The Vega launch campaign at Europe’s spaceport in Kourou, French Guiana, resumed three weeks ago, following an interruption caused by the coronavirus pandemic.
ADELAIDE, Australia, 6 April 2020 — Myriota, the world leader in low-cost and low-power satellite connectivity for the Internet of Things (IoT), announced a $28 million AUD [$17 million USD] Series B funding round led by Hostplus and Main Sequence Ventures.
Additional investors include In-Q-Tel, Inc., Right Click Capital, the South Australian Venture Capital Fund, Singtel Innov8, Boeing HorizonX, and Malcolm Turnbull – who led the government that established the Australian space agency in 2017. This latest round of funding brings Myriota’s total funding to more than $50 million AUD [$30.4 million].
ADELAIDE, South Australia (Myriota PR) — Global leader in nanosatellite Internet of Things (IoT) connectivity, Myriota Canada (a wholly-owned subsidiary of Myriota Pty Ltd), has entered into an agreement with exactEarth Ltd. (TSX: XCT) to acquire satellite communications assets.
Significantly adding to its North American capability, the transaction, which is subject to Canadian regulatory approval, will see Myriota Canada acquire four satellites, a global network of ground station assets, and their associated spectrum licenses.
CAMBRIDGE, ON and MADRID , Jan. 13, 2020 (exactEarth/Hisdesat PR) — exactEarth Ltd. (“exactEarth” or the “Company”) (XCT:TSX) and Hisdesat announce that in partnership they have been selected by the European Maritime Safety Agency (“EMSA”) to provide satellite-AIS data services for a four-year period. All financial terms are in Canadian dollars unless otherwise stated.
Hisdesat, as prime contractor, will provide EMSA with exactView RT, exactEarth’s second-generation real-time satellite-AIS data service. Actual revenues under this framework contract will be determined by the task orders placed by EMSA, which is at their sole discretion, but based on their prior service expenditure history, exactEarth estimates that it could generate revenues of between $5.0 – $7.0 million for the Company over the life of the contract.
PARIS (Avio PR) — Arianespace announced today that it has been selected by exactEarth to launch the ESAIL satellite using a Vega as part of the launcher’s Small Spacecraft Mission Service (SSMS) Proof of Concept (POC) flight.
With a mass of 110 kg, ESAIL satellite produced by exactEarth, leading provider of global AIS solutions (Automatic Identification System), is the last passenger to get on board of the Vega’s POC flight, now completely booked with 42 payloads onboard, whose launch is scheduled for 2019 from the Guiana Space Center, Europe’s Spaceport in Kourou, French Guiana.
The ESAIL satellite was supported by European Space Agency (ESA – ESTEC) through the ARTES 21 SAT-AIS (SATellite Automatic Identification System) program.
Vega’s POC flight will be the first mission for SSMS – a program initiated by ESA in 2016 with the contribution of the European Commission. For all European partners involved, its purpose is to perfectly address the burgeoning microsatellite market for both institutional and commercial needs with a new rideshare concept on the Vega light-lift launcher.
The industrial prime contractor for Vega is Avio, based in Colleferro, Italy.
CAMBRIDGE, ON, Jan 16, 2017 (exactEarth PR) — exactEarth Ltd. (TSX: XCT), the leading provider of Satellite AIS data services, announced the successful launch of four hosted payloads for its next generation constellation, exactView™ RT powered by Harris.
Launched aboard an Iridium NEXT satellite on SpaceX’s Falcon 9 rocket from Vandenberg Air Force Base in California, these hosted maritime payloads are now being commissioned and are expected to be brought into service within the next four months.
CAMBRIDGE, ONT (exactEarth PR) – exactEarth Ltd. (TSX: XCT), announces that it has signed a contract with Antrix Corporation Ltd., the commercial arm of the Indian Space Research Organization, to provide Satellite-AIS data services to the Indian Navy. The three-year subscription revenue contract is valued at USD $1.75 million in total.
HARWELL, England (exactEarth PR) – exactEarth Europe Limited, a UK subsidiary of exactEarth Ltd (TSX: XCT), the leading provider of Satellite AIS data services, has been awarded a £1.1 million grant from the UK Space Agency (UKSA) under its ‘International Partnerships Programme’ (IPP). The IPP funding will support the operational deployment of exactEarth’s Satellite AIS-based small vessel tracking technology “exactTrax” to improve safety of life at sea (SOLAS) for South Africa’s small boat owners and operators – in particular the artisanal fishing sector. As such exactEarth Europe will be working closely on the project with the ‘South African Maritime Safety Authority’ (SAMSA) and South Africa’s ‘National Sea Rescue Institute’ (NSRI).
CAMBRIDGE, ONT, Nov. 2, 2016 (exactEarth PR) – exactEarth Ltd. (TSX: XCT), the leading provider of Satellite AIS data services, announces that it has been awarded a four-year $2.7 million (including taxes) contract by MacDonald, Dettwiler and Associates Ltd. (MDA) to provide AIS data processing services for the Canadian Department of National Defence’s (DND) Polar Epsilon 2 (PE2) project.
The PE2 project is a national initiative that will combine radar and AIS data from the RADARSAT Constellation Mission to provide enhanced maritime domain awareness that will identify, detect and track vessels in Canada’s maritime approaches and support Canadian Armed Forces at home and abroad.
GUILDFORD, UK (SSTL PR) — Surrey Satellite Technology Ltd (SSTL) has signed a contract with Honeywell to supply the VESTA satellite platform, a technology demonstration mission that will test a new two-way VHF Data Exchange System (VDES) payload for the exactEarth advanced maritime satellite constellation. The contract was signed as part of an MOU between Honeywell Aerospace and the UK Space Agency.
John Paffett, SSTL’s Director of Telecommunications, commented “The SSTL nanosatellite range provides flexible and highly capable payload accommodation, engineered with SSTL’s unrivalled class-leading reliability and I am delighted that VESTA will be first nanosatellite to be manufactured in our new NanoLab here in Guildford.”
Cambridge, ON (exactEarth PR) – exactEarth Ltd., the leading provider of Satellite AIS data services, announced today that it is investing AUD $2M to secure a minority ownership position in technology company, Myriota Pty Ltd of Adelaide, Australia.