UrtheCast Corp.

10:47 AM EST - UrtheCast Corp. : Has signed a binding contract for $30 million U.S. to provide data from the Company's planned UrtheDaily satellite Constellation.The contract is with Moscow-based TerraTech JSC, a commercial provider of Earth observation and geoinformation services and a subsidiary of the Russian Space Agency, Roscosmos. The contract is for $10 million U.S. annually over the first three years of UrtheDaily™ operations, with an option for an additional two years ($20 million U.S. above the initial contract). UrtheCast Corp. shares T.UR are trading down $0.05 at $0.29.