Intermap Wins Major Indonesian Mapping Contract
DENVER, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced it has won a $20 million contract to map the Island of Sulawesi, Indonesia in 2024 (the “Contract”). The Contract is the first phase of the Indonesian national topographic basemap program to create a national digital basemap as part of the One Map program backed by Presidential Decree. Under the One Map program’s approved technical specifications, the government will collect airborne IFSAR-derived elevation data and cloud-free radar imagery for the entire country at resolutions suitable for 1:5,000 scale mapping. The first phase awarded today represents 10% of the country’s land area and 10% of the One Map program. Work on the remaining 90% is expected over the subsequent four years.
- The Contract is the first phase of the Indonesian national topographic basemap program to create a national digital basemap as part of the One Map program backed by Presidential Decree.
- Together, the companies provide an unparalleled mapping solution for this first phase of the Indonesian national mapping program and future work under the One Map program.
- “This major contract in Indonesia highlights the value of our decades of experience, commercialization expertise and technological development,” said Patrick A. Blott, Intermap Chairman and CEO.
- IFSAR technology is the only mapping solution that offers cloud-penetrating and foliage-penetrating capabilities at the resolutions required to achieve 1:5,000 scale mapping.