In Canada, UrtheCast Corp. and Land O’ Lakes, Inc. announced a long-term agreement for GEOSYS, a Land O’Lakes subsidiary, to purchase geospatial data from the UrtheDaily Constellation. A leading provider of digital agriculture solutions, GEOSYS will use the data to improve the decision-making processes for their customers globally, including WinField United, the Land O’Lakes crop input business.
UrtheCast’s planned constellation of eight Earth observation satellites is designed to capture medium-resolution imagery of the Earth’s entire landmass (excluding Antarctica) every day, producing machine learning-ready, scientific-grade data to help geoanalytics companies measure and monitor change on our planet. Providing the UrtheDaily dataset to GEOSYS will enable their customers to make more profitable and agronomically sound decisions.
Under the terms of the agreement, payments will be made as soon as UrtheCast begins delivering UrtheDaily Constellation data to GEOSYS, subject to UrtheCast arranging its financing for the build and launch of the UrtheDaily Constellation.