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Pin to quick picks1Spatial Holdings Share News (SPA)

Share Price Information for 1Spatial Holdings (SPA)

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Share Price: 75.50
Bid: 74.00
Ask: 77.00
Change: 0.00 (0.00%)
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1Spatial Signs Geospatial Services Deal With US Federal Agency

Thu, 08th Oct 2015 06:58

LONDON (Alliance News) - Mapping software and services company 1Spatial PLC on Thursday said it has signed a contract with Laser Scan Inc to provide geospatial services to an unnamed US federal government agency.

The deal is worth up to USD1.0 million, the majority of which will be delivered by Laser Scan, 1Spatial's US associate, in the current financial year to the end of January.

"We are delighted with this strategic contract win. It substantiates our strategic focus around the US market and the corporate transaction that we undertook with our distributor, LSI Inc. We continue to invest and align with our strategic partners and are confident of converting our growing pipeline in the US market," said Marcus Hanke, 1Spatial's chief executive.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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