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UrtheCast Corp
Symbol UR
Shares Issued 62,841,184
Close 2014-01-06 C$ 2.15
Market Cap C$ 135,108,546
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UrtheCast cameras cleared for ISS installation

2014-01-07 07:11 ET - News Release

Mr. Scott Larson reports

URTHECAST CAMERAS RESCHEDULED FOR INSTALLATION

UrtheCast Corp.'s two Earth imaging cameras have now been cleared for installation aboard the International Space Station (ISS). The issue that delayed the initial installation of the cameras has now been resolved, allowing for the scheduling of the next spacewalk, which is expected by the end of January.

As initially suspected, the problem was found to be a cabling issue inside the ISS. RSC Energia, the Moscow mission control centre, and the cosmonauts collectively participated in identifying and verifying the cause of the anomaly. The engineering team has already implemented and tested the solution.

"We are extremely grateful for the extraordinary work by Energia and the cosmonauts on board the ISS, especially during the holidays," explained UrtheCast's chief executive officer, Scott Larson. "We are confident that our cameras will soon be successfully installed and we are looking forward to collecting our first high-resolution videos."

UrtheCast will confirm the exact date of the second spacewalk to install its cameras as this information becomes available. In the meantime, the company remains focused on the commissioning and testing of the other facets of its system and is on track with its business plan.

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