IFSAR

Intermap Wins Position on $950,000,000 IDIQ Contract to Support U.S. Air Force as Member of the FGS Team

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Thursday, September 29, 2022
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Intermap's technical design and engineering have helped create a positive proof of concept in the subsequent nine months.

Key Points: 
  • Intermap's technical design and engineering have helped create a positive proof of concept in the subsequent nine months.
  • Intermap congratulates FGS for assembling a winning team and welcomes the opportunity to be a member.
  • The Company is committed to serving the best interests of the U.S. Air Force and other armed forces.
  • ABMS is the Air Force contribution to JADC2, a Department of Defense initiative to interconnect sensors from all the military servicesArmy, Marine Corps, Navy, Air Force and Space Force.

Intermap Awarded U.S. Government Multiple Award Schedule Prime Contract

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Thursday, June 2, 2022
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The GSA Multiple Award Schedule, also referred to as the Federal Supply Schedule, is a long-term, U.S. government-wide contract.

Key Points: 
  • The GSA Multiple Award Schedule, also referred to as the Federal Supply Schedule, is a long-term, U.S. government-wide contract.
  • In 2021, the U.S. government spent $39 billion through the GSA Multiple Award Schedule program ( source ).
  • Intermap is a worldwide leader in geospatial solutions with a long history of government contract work.
  • The GSA Schedule will enable government agencies that did not have a contracting vehicle to acquire Intermap data, solutions, collection, and GEOINT services.

Intermap Announces Preliminary Fourth Quarter and Full Year 2021 Financials Results and NEXTView™ Aviation Contract

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Tuesday, February 1, 2022
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Starting in the second quarter of 2021, the Company generated three straight quarters of sequential revenue growth, increasing from $1.2 million in the second quarter to $2.3 million in the fourth quarter.

Key Points: 
  • Starting in the second quarter of 2021, the Company generated three straight quarters of sequential revenue growth, increasing from $1.2 million in the second quarter to $2.3 million in the fourth quarter.
  • "We are pleased to report strong sequential and year-over-year revenue growth for the fourth quarter and full year 2021," said Patrick A. Blott, Intermap Chairman and CEO.
  • The Company's fourth quarter commercial revenue grew to $1.14 million, up from $0.9 million in the fourth quarter of 2020 and $0.98 million in the third quarter of 2021.
  • Intermap received eight new government contracts in 2021, including a prime contract with the U.S. Air Force Research Laboratory.

Intermap Reports 19% Sequential Growth for Q3 2021

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Tuesday, November 16, 2021
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DENVER, Nov. 16, 2021 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in geospatial content development and intelligence solutions, announced third quarter financial results.

Key Points: 
  • DENVER, Nov. 16, 2021 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in geospatial content development and intelligence solutions, announced third quarter financial results.
  • For the quarter ended September 30, 2021, the Company reported revenue of $1.4 million, compared with $1.2 million last quarter, and $0.9 million for the first quarter of 2021, resulting in continuing strong sequential revenue growth of 19%.
  • As a result, Intermap has commenced deployment to Southeast Asia and remains on schedule to complete acquisition before the end of the year.
  • Software and solutions revenue increased to $0.7 million for the quarter ended September 30, 2021, compared with $0.5 million for the same period in 2020.

Intermap Signs New Master Services Agreement with Dewberry Under the $850 Million U.S. Geological Survey Geospatial Products and Services Contract

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Wednesday, October 27, 2021
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Source

Key Points: 
  • Source
    The USGS GPSC contracts comprise a suite of agreements used by federal, state, and municipal government entities to partner with the USGS to fulfill their geospatial data requirements.
  • Intermap brings new advanced machine learning and AI-enabled automation to the vector modeling and analysis requirements for the program.
  • The GPSC contracts are used to facilitate interagency cooperation to address a broad range of geospatial needs.
  • Intermap helps governments build authoritative geospatial datasets and provides solutions for base mapping, transportation, environmental monitoring, topographic mapping, disaster mitigation, smart city integration, public safety, and defense.

Intermap Reports Second Quarter Results and Closes Private Placement

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Tuesday, August 17, 2021
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DENVER, Aug. 16, 2021 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in geospatial content development and intelligence solutions, today announced second quarter financial results and the closing of its Private Placement.

Key Points: 
  • DENVER, Aug. 16, 2021 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in geospatial content development and intelligence solutions, today announced second quarter financial results and the closing of its Private Placement.
  • For the quarter ending June 30, 2021, the Company reported revenue of $1.2 million, compared with $0.9 million last quarter, and $1.2 million for the second quarter of 2020.
  • This is evidenced by several new, strategic contracts worth over $4.1 million, which Intermap has announced subsequent to the quarter end.
  • Intermap recently completed its Private Placement, issuing subscriptions for 3,191,667 shares at CAD$0.90 per share, raising CAD$2.873 million.