REG - 1Spatial Plc - New US customer secured

1SpatialAnnouncement

09/10/2024 07:00

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RNS Number : 4300H  1Spatial Plc  09 October 2024

9 October 2024

 

1Spatial plc

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

 

New US customer secured

 

Significant $1.4m contract with the US Forest Service

First customer in this sector demonstrates continued progress in the US

 

1Spatial, (AIM: SPA), a global leader in Location Master Data Management
(LMDM) software and solutions, has secured a significant new contract with the
United States Forest Service (USFS). This contract marks 1Spatial's expansion
into another key federal department, the Department of Agriculture. The
initial five-year contract, valued at approximately $1.4m, is expected to
generate annual recurring revenue of approximately $0.3m. There is also
potential for future expansion.

 

The USFS is responsible for managing 193 million acres of national forests and
grasslands. The agency requires a more accurate data management solution to
meet the increasing demands and complexities of data governance. By
implementing 1Spatial's solution, the agency will be able to make informed
decisions on critical matters such as forest fire management and the
preservation of healthy natural habitats for the nation.

 

1Spatial's solution includes its automated rules engine, 1Integrate, 1Data
Gateway, and is one of the first sales of the recently developed Add-in to
Esri's ArcGIS Pro system. This innovative solution seamlessly integrates data
checking, editing, and submission within the existing Esri ArcGIS Pro
interface, eliminating the need for users to navigate separate systems,
improving efficiency and productivity by streamlining workflows and enhancing
the user experience. These tools will enable the USFS to significantly improve
the quality of its geospatial data while ensuring strict adherence to relevant
legal requirements.

 

Commenting on the contract award, 1Spatial CEO, Claire Milverton, said: "We
are proud to announce that we have been selected by the US Forest Service to
improve their data governance. This significant contract marks a major
milestone for our Company, as it represents our first engagement with this
federal agency. Our patented rules engine, 1Integrate, combined with our
innovative 1Data Gateway for ArcGIS Pro, offers a tailored solution to meet
the USFS's specific data management needs. We are confident in our ability to
improve data accuracy, expedite processing, and ultimately support the
agency's mission of protecting and managing America's forests and grasslands."

 

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 / Anake Singh

 Cavendish Capital Markets Limited (Joint Broker)                       020 7220 0500

 Jonny Franklin-Adams / Edward Whiley / Rory Sale (Corporate Finance)

 Sunila de Silva (Corporate Broking)

 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 providing Location Master Data Management
(LMDM) software, solutions and business applications, primarily to the
Government, Utilities and Transport sectors via the 1Spatial platform and SaaS
offerings. Our solutions ensure data governance, facilitating the efficient,
effective and sustainable operation of customers around the world. 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. Our global clients
include national mapping and land management agencies, utility companies,
transportation organisations, government and defence departments.

 

We have recently launched two SaaS offerings for which we see considerable
potential - NG9-1-1 and 1Streetworks. 1Streetworks automates the production of
traffic management plans, diversion routing and asset inventory lists in the
UK, producing a comprehensive, site-specific traffic management plan in just a
few minutes. Our Public Safety NG-9-1-1 solution combines a powerful rules
engine and data aggregator with a self-service cloud platform to support
public safety entities with their data readiness needs

 

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

 

www.1spatial.com (http://www.1spatial.com)

 

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