Intermap Technologies Corp. has recently announced that its subsidiary Intermap Federal Services Inc. has been awarded a new data acquisition contract in the amount of US$3.7 million. The contract is for delivery of Intermap’s high-resolution digital elevation data and radar imagery. Intermap has two aircraft deployed onsite and data collection for the project is already underway. The majority of the revenues from this contract will be recognized in the third and fourth quarters of 2005. Headquartered in Denver, Colorado, Intermap is digitally remapping entire countries, building national databases, called NEXTMap, of digital topographic maps (including elevation). Customers purchase Intermap’s data to facilitate better decision-making for numerous commercial, governmental, military and consumer applications.
Demand for NEXTMap data is growing as new commercial applications are emerging, including GIS, engineering planning, transportation, automotive, navigation, flood, irrigation, environmental management and planning, telecommunications network planning, aviation, simulation and 3D visualization. Internet applications include virtual tours, topographic maps and computer games. The products are also used to add interactive intelligence to airborne and satellite images.