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Pin to quick picks1Spatial Holdings Regulatory News (SPA)

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First significant contract with High Speed Two

8 Jun 2022 07:00

RNS Number : 0706O
1Spatial Plc
08 June 2022
 

8 June 2022

1Spatial plc

("1Spatial", the "Group" or the "Company")

 

First significant contract with High Speed Two ("HS2") secured

1Integrate and 1Data Gateway selected to automate data collation and verification for new customer

 

1Spatial, (AIM: SPA), today announces that, following a direct award via G-Cloud 12, it has secured a new two-year contract with High Speed Two (HS2), the company responsible for developing the UK's new high speed rail network, to build a data validation gateway. The gateway will enable HS2 to validate the quality, conformance and design of construction-related data submitted by their Supply Chain which in turn will contribute to the efficiency and effective information delivery on Europe's largest infrastructure project.

 

This is 1Spatial's first significant contract with HS2 and has a total value over the two years of £0.9m,  with potential options to extend for a further two years.

 

The gateway will comprise 1Spatial's 1Data Gateway product as a web portal for data uploading, and 1Integrate, to check the compliance and quality of the data against stringent HS2 standards and criteria. This will enable validated data to then be passed onto a Common Data Environment (CDE) to ensure compliance with wider UK government Digital Engineering initiatives.

 

Through 1Spatial's products, the gateway will create greater reliability of data and reduce risks by delivering consistent and accurate geometrical, geospatial, and non-geometrical data ingested across the full Common Data Environment (CDE) domain.

 

For further information, please contact:

 

1Spatial plc

01223 420 414

Claire Milverton / Andrew Fabian

Liberum (Nomad and Broker)

020 3100 2000

Neil Patel / Cameron Duncan / Miquela Bezuidenhoudt

Alma PR

020 3405 0205

Caroline Forde / Hannah Campbell / Ella Doran

1spatial@almapr.co.uk

 

About 1Spatial

 

1Spatial plc is a leading provider of Location Master Data Management (LMDM) software, solutions and business applications, primarily to the Government, Utilities and Transport sectors via the 1Spatial platform. Our solutions ensure data governance, facilitating the efficient, effective and sustainable operation of customers around the world. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.

 

Today, when using and sharing trusted data provides significant opportunities for businesses and governments to deliver against important sustainability and Net Zero goals, our vision is clear - to make the world safer, smarter and more sustainable by unlocking the value in data, enabling better decisions and greater insights.

 

The 1Spatial platform is a comprehensive set of data and system agnostic LMDM software components which helps ensure master data is compliant, current, complete, consistent, and coordinated - and that customers can be confident it will remain that way as it evolves. It allows them to master their data on any device, anywhere, anytime and can be deployed as SaaS in the cloud, on-premise, or as a hybrid of both.

 

1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.

 

About HS2

 

High Speed 2 (HS2) Ltd is a non-departmental public body, wholly funded by the Secretary of State for Transport and sponsored by the Department for Transport. HS2 is one of the largest and most complex infrastructure projects ever undertaken in the UK. It requires a bespoke delivery organisation to execute the planning, design and integration of the component parts of the new high-speed railway.

 

HS2 Ltd is responsible for procuring and bringing together a supply chain of designers and contractors to deliver billions of pounds worth of contracts, acquiring an unprecedented volume of land and property, in line with the Compensation Code, to build, maintain and operate the railway. The company must demonstrate compliance with the requisite technical, safety and environmental standards at all times.

 

 

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CNTEAPKXELPAEFA
Date   Source Headline
28th May 20126:19 pmRNSHolding(s) in Company
23rd Apr 20124:41 pmRNSChange of name
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7th Oct 20117:02 amRNSShare Offer for 1Spatial Holdings
7th Oct 20117:00 amRNSFinal Results
8th Sep 201111:19 amRNSResult of AGM

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