Catenae Innovation PLC Data Visualisation Order from SaxaVord Space Port (9196H)
09 Agosto 2021 - 1:00AM
UK Regulatory
TIDMCTEA
RNS Number : 9196H
Catenae Innovation PLC
09 August 2021
9 August 2021
Catenae Innovation PLC
("Catenae", the "Company" or the "Group")
Data Visualisation Order from SaxaVord UK Space Port
Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of
digital media and technology, announces that it has received an
order from Shetland Space Centre Limited ("SaxaVord"), a satellite
launch site and ground station in Unst, Shetland, which is being
renamed SaxaVord UK Space Port.
The order covers Phase One of a three phase project to deliver a
digital dashboard solution to enable SaxaVord to monitor live
satellite operations remotely from anywhere in the world. Catenae
will capture and aggregate data from multiple sources including
NASA, the European Space Agency and SaxaVord's own systems.
Utilising Catenae's data visualisation services, users will be
presented with a series of interactive dashboards which will enable
SaxaVord to measure and monitor the performance of their ground
station equipment and the satellites they connect with.
In addition to the satellite ground station which is already in
operation, SaxaVord plans to build and operate a satellite launch
site in Shetland, following a report commissioned by the UK Space
Agency that identified Unst as the most suitable location in the
country for the development of a satellite launch site. SaxaVord is
working closely with the local community and planning authorities
on next steps.
The project came about by an introduction from Okullo plc where
Guy Meyer is a director and shareholder. Guy also has a small
shareholding in SaxaVord. Albeit the revenues created from the
order are not significant, the Company is pleased to be working
with SaxaVord on this exciting project.
Guy Meyer, Chief Executive Officer of Catenae, said: "We are
delighted to have received this order from SaxaVord and to be at
the forefront of supporting the UK Space industry. The order
affirms the Company's strategic approach to the development of our
technology portfolio, to ensure that it is fit for purpose not just
for COVID-19 and other health-related solutions, but also for
deployment across multiple sectors.
"We look forward to keeping the market updated on our
progress."
Frank Strang, Chief Executive Officer of SaxaVord, said: "We are
pleased to have begun working with Guy and his team on developing
bespoke technology solutions to allow us to better monitor low
earth orbiting satellites from our location in Unst as we build the
UK's leading vertical launch spaceport. We look forward to
developing the partnership in the months and years ahead."
- Ends -
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation. The person who arranged for
release of this announcement on behalf of the Company was Guy
Meyer, Chief Executive Officer of the Company and the Directors of
the Company are responsible for the release of this
announcement.
For further information please contact:
+44 (0)191 580
Catenae Innovation PLC 8545
Guy Meyer, Chief Executive Officer
Cairn Financial Advisers LLP (Nominated +44(0)20 7213 0880
Adviser)
Liam Murray / Jo Turner
Brandon Hill Capital Limited, Broker +44 (0)20 3463 5000
Andy Gutmann
Yellow Jersey PR (PR & IR) +44 (0)20 3004 9512
Sarah Hollins / Annabel Atkins /
Matthew McHale
Notes to Editors:
About Catenae Innovation PLC
Catenae Innovation (AIM: CTEA) is a provider of digital media
and technology services focussing on the critical infrastructure,
healthcare, and space sectors amongst others. It specialises in the
management and visualisation of data using the power of blockchain
to deliver solutions. Catenae's people-centric technology enables
trust and certainty, allowing organisations to gain better
visibility and control over their operations.
www.catenaeinnovation.com
About SaxaVord UK Space Port
Shetland Space Centre (currently being re-branded SaxaVord UK
Space Port) , is an organisation that plans to build and operate a
satellite launch site and ground station in Unst, Shetland, the
UK's most northerly island. Its first antenna was brought into
service on 7(th) July 2021. Its aim is to have a fully functioning
satellite launch facility in place by late 2021, with logistical
support allowing commercial and military clients to operate from
Unst.
https://saxavord.com/
Paul Riddell, Head of Communications at SaxaVord:
paul.riddell@shetlandspacecentre.com
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