exactEarth still paying for Canadian contract loss, but backlog growing

by Peter B. de Selding

PARIS — Satellite maritime tracking service provider exactEarth Ltd. on June 8 reported continued financial fallout from a lost Canadian government contract but said orders were up and the second-generation service showed promising results.

Canada-based exactEarth said the likely tipping point for a revenue boost will be when 30 Automatic Identification Service (AIS) transponders are in orbit as part of a partnership with Harris Corp. The payloads are hosted on 58 Iridium Next satellites.

Nine AIS payloads on coming SpaceX Iridium Next flight

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