SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks1Spatial Holdings Regulatory News (SPA)

  • This share is currently suspended. It was suspended at a price of 72.80
  • There is currently no data for SPA

US Contract Wins

14 Sep 2017 07:00

RNS Number : 6936Q
1Spatial Plc
14 September 2017
 

14 September 2017

 

1Spatial plc (AIM: SPA)

 

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

 

1Spatial wins two strategically important US Contracts

 

Continued growth in key geographic market

 

1Spatial is pleased to announce that the US Federal Highways Administration (FHWA) has awarded 1Spatial a significant and strategically important contract to provide its automated geospatial data validation software together with spatial consultancy services. The contract is for an initial one year period with an option for FHWA to extend the contract for a further four years.

 

The US FHWA collects highway information from the individual US State Departments of Transport (DOTs) and feeds this data into the National Data Inventory which is used to determine the extent, usage, condition and performance of the Nation's highways. The information is used for highway needs assessments, transportation performance measures, apportionment of highway funds and for numerous research applications. 

 

The solution from 1Spatial will enable FHWA's to automate the existing, mostly manual, processes to ensure regulatory requirements and compliance are met whilst benefiting the FHWA with improved efficiencies and cost savings.

 

The initial one year period, covering the initial license and installation, has a contract value of $339k. Should the option to extend be exercised, the total contract value is up to US$540k (including support and maintenance) with the remaining support and maintenance being spread equally over the following four option years.

 

1Spatial is also pleased to announce that it has won a contract with National Oceanic & Atmospheric Administration (NOAA), a bureau of the U.S. Department of Commerce, to provide Commercial off the shelf (COTS) Enterprise software which integrates with Esri's ArcGIS, together with 1Spatial Training, Consultancy services and ongoing support and maintenance. The initial contract value is US$127k for software and services, plus ongoing $16k per year support and maintenance for four option years. 1Spatial's solution will allow to NOAA to collate various charts and historic data from across NOAA to achieve a true electronic nautical contiguous single map, allowing one version of the truth.

 

Claire Milverton, Acting CEO of 1Spatial commented:

 

"With the US market being a key growth target market for us we are delighted to add US Federal Highways and NOAA to our US customer base and very much look forward to working with both organisations on these exciting and beneficial projects. These new wins along with the State of Nebraska and Arizona, earlier in the year, demonstrates that our US business is gaining momentum as 1Spatial builds its customer portfolio and brand and we deliver against our strategy"

 

- END-

 

For further information, please contact:

 

1Spatial plc 01223 420 414

  Andrew Roberts / Claire Milverton

FTI Consulting 020 3727 1000

Dwight Burden / Alex Le May

N+1 Singer 020 7496 3000

Shaun Dobson / Lauren Kettle

 

About 1Spatial

1Spatial plc is a group of market leading software and solutions companies trading under the brands 1Spatial and EnablesIT

 

1Spatial

1Spatial manages the world's largest spatial data and works with users and creators of the largest geospatial databases, helping them collect, store, manage and interpret location-specific information. 1Spatial's clients include national mapping and cadastral agencies, utility and telecommunications companies, and government departments including emergency services, defence and census bureaus.

 

A leader in the field, 1Spatial has over forty years' experience and a record of continual innovation and development. Today, with an ever increasing reliance on spatial and location-critical data, demand for our expertise has never been greater.

 

1Spatial operates globally, and has a portfolio of customers both in the Commercial and Government sector, with headquarters in Cambridge, UK and offices in the US, France, Belgium, Ireland and Australia.

 

Enables IT

EnablesIT provides IT Managed Services. It offers public, private and hybrid cloud offerings with everything from Backup-as-a-Service through to managed desktops. Their end-to-end IT capability provides everything from consultancy and project management, to the installation of physical infrastructure.

 

Clients trust Enables IT to manage their systems and secure their data. From Healthcare to Education and from Financial Services to Legal, leading organisations rely on EnablesIT to ensure their IT is an asset, not a liability.

 

To find our more, visit www.1spatial.com 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTGGUWPBUPMGBW
Date   Source Headline
30th Apr 20267:00 amRNSCancellation - 1SPATIAL PLC
29th Apr 202612:00 pmRNSForm 8.5 (EPT/RI)
29th Apr 202610:57 amRNSForm 8.3 1Spatial Plc
29th Apr 20267:45 amRNSDisclosure Table
29th Apr 20267:30 amRNSSuspension - 1Spatial Plc
29th Apr 20267:00 amRNSScheme Becomes Effective and Board Changes
27th Apr 20265:12 pmRNSHolding(s) in Company
27th Apr 20262:32 pmRNSHolding(s) in Company
23rd Apr 202612:42 pmRNSPDMR/Director Holdings, Issue of Equity, Rule 2.9
22nd Apr 20265:30 pmRNS1Spatial
21st Apr 20269:03 amRNSForm 8.3 - 1SPATIAL PLC
17th Apr 20263:29 pmRNSForm 8.3 - 1Spatial plc
17th Apr 20263:27 pmRNSForm 8.3 - 1SPATIAL PLC
17th Apr 20263:15 pmRNSForm 8.3 - 1SPATIAL PLC
17th Apr 20261:51 pmRNSHolding(s) in Company
17th Apr 20268:57 amRNSForm 8.3 - 1SPATIAL PLC
16th Apr 20263:23 pmBUSForm 8.3 - 1Spatial Plc
16th Apr 20263:12 pmRNSForm 8.3 - 1SPATIAL PLC
16th Apr 202612:32 pmRNSCourt Sanction of Scheme
15th Apr 20262:10 pmRNSSatisfaction of French FDI Condition
15th Apr 202612:23 pmRNSUpdate on Conditions and Scheme Timetable
14th Apr 20263:51 pmBUSForm 8.3 - 1Spatial Plc
13th Apr 202611:22 amRNSUpdate on Conditions and Updated Scheme Timetable
8th Apr 202610:12 amBUSForm 8.3 - 1Spatial Plc
7th Apr 202610:30 amRNSForm 8.3 1Spatial Plc
31st Mar 20269:17 amBUSForm 8.3 - 1Spatial Plc
30th Mar 202610:33 amRNSForm 8.3 1Spatial Plc
27th Mar 20265:01 pmRNSUpdate on Financing Arrangements
27th Mar 202610:08 amRNSForm 8.3 1Spatial Plc
26th Mar 202610:40 amRNSForm 8.3 1Spatial plc
25th Mar 20269:18 pmBUSForm 8.3 - 1Spatial Plc
25th Mar 20269:49 amRNSForm 8.3 1Spatial Plc
24th Mar 20265:44 pmBUSForm 8.3 - 1Spatial Plc
24th Mar 202610:30 amRNSForm 8.3 1Spatial plc
24th Mar 202610:22 amRNSForm 8.3 1Spatial Plc
23rd Mar 202611:09 amRNSForm 8.3 1Spatial Plc
18th Mar 202611:34 amRNSForm 8.3 1Spatial Plc
18th Mar 20269:37 amRNSForm 8.5 (EPT/RI)
17th Mar 20264:25 pmBUSForm 8.3 - 1Spatial Plc
17th Mar 202610:20 amRNSForm 8.3 1Spatial Plc
17th Mar 20269:57 amRNSForm 8.5 (EPT/RI)
16th Mar 202610:56 amRNSForm 8.5 (EPT/RI)
16th Mar 202610:11 amRNSForm 8.3 1Spatial Plc
13th Mar 202610:28 amRNSForm 8.3 1Spatial Plc
11th Mar 20263:53 pmBUSForm 8.3 - 1Spatial Plc
11th Mar 20263:29 pmRNSForm 8.3 - 1Spatial plc
11th Mar 20263:11 pmRNSForm 8.3 - SPA LN
11th Mar 20262:31 pmRNSUpdate on LOIs
11th Mar 202611:20 amRNSHolding(s) in Company
11th Mar 202611:20 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.