REG - 1Spatial Plc - First significant contract with High Speed Two

1SpatialAnnouncement

08/06/2022 07:00

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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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