Umbra

Umbra Appoints Joe Morrison as VP of Commercial Product

Retrieved on: 
Wednesday, June 23, 2021

SANTA BARBARA, Calif., June 22, 2021 /PRNewswire-PRWeb/ -- Joe Morrison recently joined Umbra's product team, and in recognition of his leadership has been promoted to Vice President of Commercial Product.

Key Points: 
  • SANTA BARBARA, Calif., June 22, 2021 /PRNewswire-PRWeb/ -- Joe Morrison recently joined Umbra's product team, and in recognition of his leadership has been promoted to Vice President of Commercial Product.
  • Joe is one of the most public advocates for the value of commercial remote sensing and has been a customer of satellite imagery for half a decade.
  • In one of his most popular and controversial essays, The Commercial Satellite Imagery Business Model is Broken, Joe unapologetically criticized commercial satellite imagery providers.
  • Like Joe, all of Umbra is committed to customer obsession and growing the industry in the long term.

Umbra Raises $32M to Expand Satellite Constellation

Retrieved on: 
Wednesday, April 28, 2021

b'SANTA BARBARA, Calif., April 28, 2021 /PRNewswire-PRWeb/ --Umbra, a 5.5-year-old Santa Barbara-based intelligence and technology company, announced that it has raised $32 million in equity financing.

Key Points: 
  • b'SANTA BARBARA, Calif., April 28, 2021 /PRNewswire-PRWeb/ --Umbra, a 5.5-year-old Santa Barbara-based intelligence and technology company, announced that it has raised $32 million in equity financing.
  • Umbra has agreements to deliver data to the United States government and commercial geospatial intelligence (GEOINT) firms.\nUmbra was founded with a contract from a prime aerospace and defense firm.
  • "When we embarked on the commercial business it was clear Umbra needed to invent something new to create value for our customers."
  • said Gabe Dominocielo, Umbra\'s co-founder.\nRecently, Umbra was granted a patent for its deployable antenna, which allows the company to launch multiple satellites on a SpaceX rideshare.

UAT Group Subsidiary Announces Strategic Hires

Retrieved on: 
Tuesday, April 6, 2021

Tampa, Florida--(Newsfile Corp. - April 6, 2021) - Umbra Applied Technologies Group, Inc. (OTC Pink: UATG) (UAT Group) announced today, that its subsidiary UAT, has screened and brought in additional resources over the past six weeks.

Key Points: 
  • Tampa, Florida--(Newsfile Corp. - April 6, 2021) - Umbra Applied Technologies Group, Inc. (OTC Pink: UATG) (UAT Group) announced today, that its subsidiary UAT, has screened and brought in additional resources over the past six weeks.
  • UAT Group subsidiaries continue to grow their product portfolios both natively and through corporate acquisitions.
  • UAT Group is a holding company with interests in both public and private companies during the early stages of development as well as growth stages of companies with a synergistic business model to UAT Group subsidiaries.
  • Umbra Applied Technologies Group does not assume the obligation to update any forward-looking statement, except as required by applicable law.

UAT Group Subsidiary and Strategic Partner Announce First In-Home Covid-19 Test Delivering Accurate Results in Minutes

Retrieved on: 
Wednesday, March 31, 2021

The unit can be operated at home, by non-clinical persons and delivers tests results in 8-9 minutes.

Key Points: 
  • The unit can be operated at home, by non-clinical persons and delivers tests results in 8-9 minutes.
  • The versatile test instrument is designed to meet the current global need for rapid and continual eld testing of COVID-19.
  • The technology is today common place and highly accurate but, has been bulky and impractical as a portable technology - until now.
  • Umbra Applied Technologies Group does not assume the obligation to update any forward-looking statement, except as required by applicable law.

UAT Group Inc, Buys 10% Stake in Bacter Scientific, Inc.

Retrieved on: 
Friday, March 19, 2021

Bacter Scientific has projected its first-year revenues in excess of $100M with a three-year evaluation in excess of $500M.

Key Points: 
  • Bacter Scientific has projected its first-year revenues in excess of $100M with a three-year evaluation in excess of $500M.
  • UAT Group will deliver the $5M purchase price amortized over the next 24 months.
  • The new addition to the public holding company is expected to assist UAT Group subsidiaries, UAT and The Dreaming Company, in supporting research and development currently underway in both companies.
  • Umbra Applied Technologies Group does not assume the obligation to update any forward-looking statement, except as required by applicable law.

UAT Group Inc, Acquires 20% of Next Casting Technologies

Retrieved on: 
Thursday, March 4, 2021

Tampa, Florida--(Newsfile Corp. - March 4, 2021) - Umbra Applied Technologies Group, Inc (OTC Pink: UATG) announced today that it has purchased 20% of the Austin, Texas based medical company Next Casting Technologies.

Key Points: 
  • Tampa, Florida--(Newsfile Corp. - March 4, 2021) - Umbra Applied Technologies Group, Inc (OTC Pink: UATG) announced today that it has purchased 20% of the Austin, Texas based medical company Next Casting Technologies.
  • Next Casting Technologies has projected its first-year revenues to be $16.1M once it launches with a five-year evaluation in excess of $80M.
  • UAT Group will deliver the $5M purchase price amortized over the next 24 months.
  • Umbra Applied Technologies Group does not assume the obligation to update any forward-looking statement, except as required by applicable law.

UAT Group, Inc Acquires the Dreaming Company, LLC

Retrieved on: 
Wednesday, February 17, 2021

The Dreaming Company, headquartered in Los Angeles California, began as a health and nutrition company twenty-five years ago as HBC Protocols.

Key Points: 
  • The Dreaming Company, headquartered in Los Angeles California, began as a health and nutrition company twenty-five years ago as HBC Protocols.
  • The Dreaming Company manufactures and delivers high quality health, beauty and nutraceutical products across a diverse suite of products.
  • Chief Executive Officer, Alex Umbra commented, "The Dreaming Company embodies much of what we believe here at UAT Group, by bringing a value-add to the lives of others.
  • The Dreaming Company is currently working in cooperation with Umbra Applied Technologies under a licensing agreement to deliver the highly lauded Hygieia skincare line.

UAT Group to File S-1

Retrieved on: 
Wednesday, February 10, 2021

Tampa, Florida--(Newsfile Corp. - February 10, 2021) - Umbra Applied Technologies Group, Inc (OTC Pink: UATG) ("UAT Group") announced today that it has retained and directed Culhane Meadows, PLLC law firm to file its S-1 Registration Statement.

Key Points: 
  • Tampa, Florida--(Newsfile Corp. - February 10, 2021) - Umbra Applied Technologies Group, Inc (OTC Pink: UATG) ("UAT Group") announced today that it has retained and directed Culhane Meadows, PLLC law firm to file its S-1 Registration Statement.
  • The Company will file with the Securities and Exchange Commission (SEC) upon the completion of the audits for UAT Group and relevant subsidiaries.
  • Chief Executive Officer, Alex Umbra commented, "As many who have been with us know, the UAT Group team has always been focused on higher listing standards.
  • UAT Group is a holding company with interests in both public and private companies during the early stages of development as well as growth stages of companies with a synergistic business model to UAT Group subsidiaries.

Umbra: Next Generation Space Radar Company Offers First Tour

Retrieved on: 
Friday, February 28, 2020

Umbra developed the world's only microsatellites capable of generating high resolution imagery from space.

Key Points: 
  • Umbra developed the world's only microsatellites capable of generating high resolution imagery from space.
  • Average revisits on the order of an hour are achievable with 12 satellites while maintaining .50 centimeter resolution.
  • Umbra held a ribbon cutting ceremony and gave a tour of its newly remodeled 10,000 square foot facility decorated in the spirit of the 60s space-romance.
  • Loughead Aircraft Manufacturing Company was founded in Santa Barbara in 1912, Allan Lockheed, later went on to form the Lockheed Aircraft Company, one of the companies that formed today's Lockheed Martin.