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Intermap Technologies Corp T.IMP

Alternate Symbol(s):  ITMSF

Intermap Technologies Corporation provides geospatial intelligence solutions, focused on the creation and analysis of three-dimensional (3D) terrain data to produce high-resolution thematic models. The Company provisions diverse, complementary, multi-source datasets to enable customers to integrate geospatial intelligence into their workflows. Its 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. Its primary business activities include data acquisition and collection; value-added data products and services, which leverage its NEXTMap database, together with software and fusion technologies, and commercial applications and solutions, including a webstore and software sales. The Company serves defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, and others.


TSX:IMP - Post by User

Bullboard Posts
Post by 54568546846357on Sep 08, 2016 6:59am
136 Views
Post# 25216775

Some good news : Intermap's Contract Expanded to $4.2 M

Some good news : Intermap's Contract Expanded to $4.2 Mhttps://www.newswire.ca/news-releases/intermaps-26-million-mapping-services-contract-expanded-to-42-million-592702211.html DENVER, Sept. 8, 2016 /CNW/ - Intermap (TSX: IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced that the Company has received a US$1.6 million expansion to a US$2.6 million airborne radar mapping services solution contract previously announced on May 13, 2016. Intermap is using its proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology to collect orthorectified radar imagery and high resolution elevation data to enhance the customer's existing geospatial map database. This new dataset will be used for improved disaster planning, resource management, security interests, and infrastructure planning. The final deliveries of the dataset are expected to be substantially complete by the end of the first quarter 2017. "Because of its unique capabilities, Intermap's IFSAR radar mapping technology is considered to be the best and most reliable approach for the customer's requirements," said Todd Oseth, president and CEO of Intermap. "This expansion contract is a great endorsement for the quality of product that Intermap's unique solutions approach is able to deliver."
Bullboard Posts