CAMBRIDGE, ON, Dec 21, 2016 - 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.
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CAMBRIDGE, ON, Nov 2, 2016 - 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.
CAMBRIDGE, ON, Aug. 16, 2016 - exactEarth Ltd. (TSX: XCT) (the "Company"), announces that it has been selected by the Fisheries Commission (West Africa Regional Fisheries Programme), an agency of the Ministry of Fisheries and Aquaculture Development (MOFAD) of the Government of Ghana, for the provision of Satellite AIS data services as well as a small vessel tracking solution. The contract value is in a range of $1.0-$2.0 million for a 12 month period and will enable Ghana to acquire the technology necessary to monitor its expansive coastlines and deter illegal fishing in its national waters.
Louisville, Kentucky – July 5, 2016 – Genscape announced today that they are expanding their AIS and maritime data services collaboration with exactEarth (TSX: XCT). For more than three years the two companies have had a successful collaboration combining their respective industry leading capabilities in satellite and terrestrial AIS data services to offer a range of global AIS products to government and commercial markets around the world.
Cambridge, ON – June 22, 2016 – 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.