Ursa Space Systems Inc. to Announce Agreement with e-GEOS at the GEOINT 2017 Symposium

Ithaca, NY – June 6, 2017 – Ursa Space Systems Inc. (Ursa) is pleased to announce a revenue sharing agreement and expanded collaboration with e-GEOS (a Telespazio/ASI Company), a leading supplier of satellite-based synthetic aperture radar (SAR) imagery. This agreement enhances Ursa’s global economic intelligence subscription products.

“We’re very excited to expand our existing relationship with e-GEOS through this collaboration and revenue sharing agreement,” said Derek Edinger, co-founder and VP of Strategic Partnerships at Ursa. “The combination of e-GEOS’ capabilities, the unmatched COSMO-SkyMed constellation capacity, SAR’s inherent all-weather access, and Ursa’s powerful analytics will bring reliable, global intelligence to a broader number of users and markets.”

e-GEOS

“The agreement with e-GEOS is a real win for our customers, who depend on our reliable weekly reports,” said Adam Maher, Ursa’s founder and CEO. “Ursa’s unique analytics unlock the value of the rich information contained in the SAR imagery. We are excited to be the first company to bring such a subscription-based product to the market.”

“This new agreement with Ursa confirms that SAR data are going to be an important part of the Data Analytics process, bringing a revolutionary change to the Earth Observation market. We are proud to support Ursa to lead this change with subscription-based products based on COSMO-SkyMed data as part of our development strategy in digital space transformation.” said Massimo Claudio Comparini, CEO of e-GEOS and Director of the geoinformation line of business of Telespazio.

Ursa is proud to be a member of the United States Geospatial Intelligence Foundation (USGIF). USGIF’s GEOINT 2017 Symposium is the premier annual event for professionals engaged in every facet of the GEOINT Community from government and military to industry and academia. Held at the Henry B. Gonzalez Convention Center in San Antonio, Texas, June 4-7, 2017, GEOINT 2017 brings together over 4,000 GEOINT professionals from all over the world for four action-packed days containing 100+ speakers, more than 50 hours of professional training, and 230+ exhibitors.

In addition to offering attendees the chance to get an in-depth review of Ursa’s China Oil Storage Report and Custom Monitoring Services, GEOINT 2017 features several networking events as well as a ground-breaking 4-day conference. Ursa will be at booth 1828 in the exhibit hall.

About Ursa Space Systems Inc.

Ursa delivers global economic insights to government agencies, NGOs, as well as energy and financial enterprises, providing a reliable information source about areas of the world that are traditionally opaque. Ursa specializes in access, aggregation and analytics of global commercial satellite-based radar. Daily, weekly and custom services are available.

About e-GEOS
e-GEOS, an Italian Space Agency (20%) and Telespazio (80%) company, is a leading international player in the geospatial business. e-GEOS offers a whole range of products and services in the Earth Observation and in the geo-spatial application domains, based on both optical and radar satellites as well as on aerial surveys. e-GEOS operates its Earth Observation centres in Matera and Neustrelitz (GAF), where data from multiple satellites are received and processed, also for near-real-time monitoring. As the European hub for very high resolution data, e-GEOS grants a unique access to COSMO-SkyMed, IRS, ALOS, DigitalGlobe, Radarsat-1&2 satellites.