exactEarth Ltd. (TSX: XCT), the leading provider of Satellite AIS data services, announced today the successful launch of the M3MSat (Maritime Monitoring and Messaging Microsatellite) by the government of Canada. M3M contains a high performance AIS satellite payload and exactEarth has exclusive license with the government of Canada to commercialize the AIS data produced from the satellite.
“We are pleased to extend our congratulations to Defence Research and Development Canada and to the Canadian Space Agency on this significant achievement,” said exactEarth CEO Peter Mabson. “M3M adds another important asset to our global constellation of satellites. This will lead to improvements in satellite vessel detection and enhanced update rates for all of our users worldwide.”
About exactEarth Ltd.
exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions. Since its establishment in 2009, exactEarth has pioneered a powerful new method of maritime surveillance called Satellite-AIS (“S-AIS”) and has delivered to its clients a view of maritime behaviours across all regions of the world’s oceans unrestricted by terrestrial limitations. exactEarth has deployed an operational data processing supply chain involving a constellation of satellites, receiving ground stations, patented decoding algorithms and advanced “big data” processing and distribution facilities. This ground-breaking system provides a comprehensive picture of the location of AIS equipped maritime vessels throughout the world and allows exactEarth to deliver data and information services characterized by high performance, reliability, security and simplicity to large international markets. For more information, visit exactearth.com.
