NV5 Awarded $28 Million in Geospatial Contracts to Support U.S. Army Corps of Engineers and U.S. Geological Survey
HOLLYWOOD, Fla., Sept. 30, 2020 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of compliance, technology, and engineering consulting solutions, announced today that its subsidiary, , North America’s largest geospatial services firm, has been awarded contracts totaling $28 million to support the U.S. Army Corps of Engineers (USACE) and the U.S. Geological Survey’s (USGS) Earth Mapping Resources Initiative.
“We are pleased to apply our industry-leading geospatial technology and data analytics capabilities to support the large-scale infrastructure, environmental, and mapping needs of federal clients, ranging from the USGS to the Department of Defense,” said Dickerson Wright, PE, Chairman and CEO of NV5. “Use of geospatial data continues to expand in all of our key markets, including federal agencies, state and local governments, and utilities and drives the long-term, sustainable growth of our geospatial services.”
NV5 was awarded a $22.7 million contract with the USACE St. Louis District Center of Expertise for Photogrammetric Mapping. This five-year contract builds upon a 20-year relationship that Quantum Spatial has established with the USACE. Services provided under this global contract include eGIS application development and data management, utility asset collection, and the collection and processing of lidar and topobathymetric data, to support the U.S. Army Geospatial Center, the U.S. Army National Guard, and the U.S. Army Reserve.
NV5 was also awarded a $5.2 million task order to support the USGS Earth Mapping Resources Initiative. The project includes the collection of 24,758 square miles of airborne lidar data to examine the regional topography and geology of Western Nevada and provide insights into the geothermal and mineral resource potential of the region. Data collected by NV5 will also support the U.S. Department of Energy, Federal Emergency Management Agency, Bureau of Land Management, and Natural Resources Conservation Service.
About NV5
NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of compliance, technology, and engineering consulting solutions for public and private sector clients supporting infrastructure, utility, and building assets and systems. The Company primarily focuses on six business verticals: testing, inspection & consulting, infrastructure support services, utility services, buildings & program management, environmental health sciences, and geospatial technology services. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company’s website at . Also visit the Company on , , , and .
Forward-Looking Statements
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