Organization: exactEarth Ltd

exactEarth secures $7.2 million SIF funding

The Cambridge, Ontario-based company exactEarth Ltd. received $7.2 million in federal investment through the Strategic Innovation Fund (SIF). exactEarth uses satellite technology to track ships at sea and to optimize routing for the global shipping industry. The funding will support exactEarth to invest more in R&D and to develop intellectual property that’s made and retained…

COM DEV launches maritime data services subsidiary

COM DEV International Ltd has launched a new subsidiary to offer automatic identification system (AIS) data services to the global maritime community. exactEarth Ltd will launch an initial constellation of three microsatellites within the year to provide the service, which will give countries unprecedented visibility into the activities of its shipping vessels. The technology underpinning…