Intermap Technology (TSE:IMP) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Intermap Technologies, in collaboration with CACI, has been selected as a key vendor for the NGA’s Luno A program, which aims to enhance national security by leveraging AI-driven geospatial intelligence from commercial satellite data. The Luno A contract, with a budget of up to $290 million over five years, represents a significant increase in investment and underscores the growing importance of unclassified geospatial technology in government operations. This partnership reflects Intermap’s ongoing strategic relationships with U.S. government agencies and its commitment to advancing 3D computer vision capabilities for national security insights.
For further insights into TSE:IMP stock, check out TipRanks’ Stock Analysis page.