Ursa Space Systems and e-Geos forge revenue-sharing partnership
SAN ANTONIO, Texas — Ursa Space Systems, a geospatial data and analytics company, announced a revenue-sharing agreement with Italy’s e-Geos, the company owned by Telespazio and the Italian space agency ASI that operates four Cosmos-SkyMed Synthetic Aperture Radar (SAR) satellites.
“We’re very excited to expand our existing relationship with e-GEOS through this collaboration and revenue-sharing agreement,” Derek Edinger, Ursa co-founder and vice president of strategic partnerships, said in a statement released June 7 at the 2017 GEOINT Symposium. “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.”
Ithaca, N.Y.-based Ursa, a company that specializes in analytic products derived with SAR imagery, unveiled in May its first product, a weekly report on Chinese crude oil supplies.
Massimo C. Comparini, e-GEOS chief executive and director of Telespazio’s geoinformation line of business said in a statement, “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.”