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Share Price Information for 1Spatial Holdings (SPA)

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Share Price: 71.50
Bid: 71.00
Ask: 72.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.408%)
Open: 71.50
High: 71.50
Low: 71.50
Prev. Close: 71.50
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IN BRIEF: 1Spatial Gets Multi-Year Contract From State Of Michigan

Fri, 12th Jun 2020 12:08

1Spatial PLC - Cambridge-based location master data management software provider - Secures a multi-year contract with the US State of Michigan, with an initial total contract value of USD2.6 million over five years. Contract will see Michigan expand its use of 1Integrate, 1Spatial's data management solution, and combine it with 1Data Gateway, 1Spatial's newly launched portal, to provide an easy to use, automated data submission process for the validation and integration of spatial data from the local level up to the State.

The contract comprises approximately USD1.5 million of services, to be delivered in the first two years of the contract, and USD1.1 million of software licences, to be recognised over the five years.

Current stock price: 25.25 pence

Year-to-date change: down 8%

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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