1Streetworks Contract Win with Kent County Council

1Spatial

01/04/2025 07:00

RNS Number : 0217D

1Spatial Plc

01 April 2025

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") EU no.596/2014. Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

 

1 April 2025

 

1Spatial plc

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

 

1Streetworks £0.5m Contract Win with Kent County Council

 

1Spatial, (AIM: SPA), a global leader in Location Master Data Management (LMDM) software and solutions, is delighted to announce a third major contract for 1Streetworks. Following significant wins announced last year, 1Spatial has secured a new 12-month contract for 1Streetworks with Kent County Council valued at £0.5m.

 

1Streetworks' cloud-based SaaS solution is the first in the market to fully automate the production of traffic management plans, diversion routing and asset inventory lists. It also enables the plans and their location to be shared with other users on the platform. The cloud-based system can also be incorporated into existing operational processes with minimal disruption.

 

Kent experiences numerous road closures each year, severely disrupting the daily lives of its residents. By using 1Streetworks to review road closure requests and adjust plans to use less disruptive traffic management, it is estimated that at least a 40% reduction in road closures could be achieved. This would not only provide economic benefits for Kent but also deliver positive societal impacts by improving the efficiency and planning of road closure requests. 

 

Commenting on the update, 1Spatial CEO, Claire Milverton, said:

 

"We are delighted to secure our third material contract for 1Streetworks. We are seeing growing appreciation of the product and its value to customers. Adoption by a second council will help accelerate growing market awareness of the benefits it brings. The Board will continue to focus on executing on the substantial addressable market opportunity."

 

For further information, please contact:

 

1Spatial plc
01223 420 414
Claire Milverton / Stuart Ritchie
Panmure Liberum (Nomad and Broker)
020 3100 2000
Max Jones / Edward Mansfield / Gaya Bhatt
Cavendish Capital Markets Limited (Joint Broker)
Jonny Franklin-Adams / Edward Whiley / Rory Sale (Corporate Finance)
Sunila de Silva (Corporate Broking)
020 7220 0500
Alma Strategic Communications
020 3405 0205
Caroline Forde / Hannah Campbell / Kinvara Verdon
1spatial@almastrategic.com

 

 

About 1Spatial plc

 

1Spatial plc is a global leader in Location Master Data Management (LMDM) solutions, headquartered in Cambridge with over 1,000 customers around the world. Our software is used by enterprises and government bodies to make better business decisions through improved data governance.

 

Our patented rules engine powers a cutting-edge software platform, as well as a suite of proprietary business applications and SaaS products. Our flexible deployment options, including cloud-based SaaS, on-premise and hybrid solutions, are designed to meet our clients' diverse organisational needs.

 

Over the last 12 months, we launched two SaaS offerings with considerable potential: 1Streetworks which revolutionises traffic management in the UK, through the automated creation of accurate, compliant and sharable traffic management plans, diversion routing and asset inventory lists;  and Public Safety NG-9-1-1 solution, which enables US Cities and Counties to comply with the latest data regulations around public safety and emergency response.

 

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

 

www.1spatial.com

 

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