1Spatial PLC - Cambridge, England-based IT service management company - Secures five-year contract with the University of Maryland's Center for Advanced Transportation Technology Laboratory.
1Spatial says that the lab is the "largest transportation big data and data analytics centre in the world". The USD600,000 contract will help automate data "to ensure a smooth and timely conflation process."
"This win is a further demonstration of the breadth and quality of our world-class offering and the progress we continue to make in the US," says Chief Executive Officer Claire Milverton.
Current stock price: 47.10 pence, down 1.9% in London on Monday
12-month change: up 21%
By Tom Budszus; tombudszus@alliancenews.com
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1Spatial Holdings (SPA)