Utah State Signs Tempus as New STORM Commercialization Partner

摘要

Venture-capital firm Tempus Global Data has taken over the job of commercializing Utah State University's hyperspectral sounder instrument as a hosted payload on a commercial telecommunications satellite after a falling out between the university and its former partner, GeoMetWatch, university and Tempus officials said March 31. Tempus Chief Executive Alan Hall, while acknowledging that he will have to move fast to meet a deadline on the prospective initial commercial satellite host, said he is confident of Tempus' ability to raise the approximately $150 million it will need to place the STORM-Sounding & Tracking Observatory for Regional Meteorology-aboard Hong Kong-based AsiaSat's AsiaSat 9 satellite.