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Intermap Awarded Initial U.S. Department of Defense Subcontract for Irregular Warfare Technical Support Directorate

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Intermap Technologies has been awarded a subcontract with Endurance Group to support the Pentagon's Irregular Warfare Technical Support Directorate (IWTSD). The contract, part of the CY 2024 Defense Budget, involves providing comprehensive 3D mapping and rendering services for an augmented reality platform designed for subterranean use by military and law enforcement agencies. The work will commence in Q3 2024. The project aims to support special mission units and demonstrates Intermap's capability in delivering high-quality geospatial services to joint force, inter-agency, and host nation partners.

Intermap Technologies ha ricevuto un subappalto con Endurance Group per supportare la Direzione del Supporto Tecnico alle Operazioni Irregolari (IWTSD) del Pentagono. Il contratto, parte del bilancio per la difesa dell'anno fiscale 2024, prevede la fornitura di servizi completi di mappatura 3D e rendering per una piattaforma di realtà aumentata progettata per l'uso sotterraneo da parte di agenzie militari e di legge. I lavori inizieranno nel terzo trimestre del 2024. Il progetto mira a supportare le unità di missione speciali e dimostra la capacità di Intermap nel fornire servizi geospaziali di alta qualità a forze joint, agenzie intergovernative e partner nazionali ospitanti.

Intermap Technologies ha sido adjudicada un subcontrato con Endurance Group para respaldar la Dirección de Soporte Técnico de Guerra Irregular (IWTSD) del Pentágono. El contrato, parte del presupuesto de defensa del año fiscal 2024, implica la provisión de servicios integrales de mapeo 3D y rendering para una plataforma de realidad aumentada diseñada para uso subterráneo por agencias militares y de aplicación de la ley. El trabajo comenzará en el tercer trimestre de 2024. El proyecto tiene como objetivo apoyar a unidades de misión especial y demuestra la capacidad de Intermap para ofrecer servicios geoespaciales de alta calidad a fuerzas conjuntas, agencias intergubernamentales y socios nacionales anfitriones.

인터맵 기술(Intermap Technologies)엔듀어런스 그룹(Endurance Group)과 계약을 체결하여 펜타곤의 비정규 전쟁 기술 지원 부서(IWTSD)를 지원하게 되었습니다. 이 계약은 2024 회계연도 국방 예산의 일환으로, 군과 법 집행 기관을 위한 지하용으로 설계된 증강 현실 플랫폼을 위한 종합적인 3D 매핑 및 렌더링 서비스 제공을 포함합니다. 작업은 2024년 3분기에 시작될 예정입니다. 이 프로젝트는 특수 임무 부대 지원을 목표로 하며, 인터맵이 합동부대, 정부 간, 그리고 숙주 국가 파트너에게 고품질 지리정보 서비스를 제공할 수 있는 능력을 보여줍니다.

Intermap Technologies a obtenu un sous-contrat avec Endurance Group pour soutenir la Direction du Support Technique pour la Guerre Irégulière (IWTSD) du Pentagone. Le contrat, faisant partie du budget de la défense pour l'année fiscale 2024, implique la fourniture de services complets de cartographie 3D et de rendu pour une plateforme de réalité augmentée conçue pour un usage souterrain par les agences militaires et de maintien de l'ordre. Le travail commencera au troisième trimestre de 2024. Le projet vise à soutenir les unités de mission spéciales et démontre la capacité d'Intermap à fournir des services géospatiaux de haute qualité aux forces conjointes, inter-agences et partenaires nationaux hôtes.

Intermap Technologies wurde ein Subauftrag mit Endurance Group erteilt, um die technische Unterstützung des Pentagon für unkonventionelle Kriegsführung (IWTSD) zu gewährleisten. Der Vertrag, Teil des Verteidigungshaushalts für das Haushaltsjahr 2024, umfasst die Bereitstellung umfassender 3D-Kartierungs- und Renderdienstleistungen für eine erweiterte Realität Plattform, die für den unterirdischen Einsatz durch Militär- und Strafverfolgungsbehörden entwickelt wurde. Die Arbeiten beginnen im 3. Quartal 2024. Das Projekt zielt darauf ab, spezielle Einsatzkräfte zu unterstützen und zeigt die Fähigkeit von Intermap, hochwertige geo-räumliche Dienstleistungen für Einsatzkräfte, zwischenbehördliche und gastgebende Partner zu liefern.

Positive
  • Secured new U.S. Department of Defense subcontract
  • Contract begins Q3 2024 under CY 2024 Defense Budget
  • Expands presence in defense sector with tier-one military contracts
Negative
  • None.

Supporting Prime Contractor Endurance Group

Building warfighter capability with real 3D mapping and exploitation

Meeting critical operational and development requirements

DENVER, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced a subcontract award with Endurance Group, a NC Defense Contracting company, and the prime contractor to provide the Pentagon’s Irregular Warfare Technical Support Directorate (IWTSD) with an augmented reality platform for subterranean use by military and law enforcement agencies. This contract was awarded by IWTSD under the CY 2024 Defense Budget, with Intermap’s initial work commencing during Q3 2024.

IWTSD identifies, develops and fields capabilities for the U.S. Department of Defense to conduct irregular warfare against all adversaries including Great Power competitors and non-state actors, and delivers those capabilities to DOD components and interagency partners supporting U.S. military operations. This subcontract, part of the larger Endurance Group prime contract to support special mission units, is a testament to Intermap’s reputation for delivering high-quality geospatial services to the joint force, inter-agency and host nation partners, and its track record of meeting and exceeding client expectations for urgent and complex requirements. Under this contract, Intermap will deliver comprehensive 3D mapping and rendering services to support the development of the augmented reality system for subterranean use.

“We are honored to contribute our unique expertise for this significant contract by the IWTSD as a valued subcontractor for Endurance Group,” said Patrick A. Blott, Intermap Chairman and CEO. “This award leverages advanced commercial capabilities for decision advantage in support of tier-one warfighters.”

Learn more about Intermap’s government solutions at intermap.com/government-regulated-industries.

Technology and Communications Security
Certain proprietary data, technical information, software and scientific approaches provided by Intermap represent critical technology as defined by the U.S. Department of Defense and is released by Intermap on the condition it will not be released to another nation and will be used for military purposes only with specific authority from the DOD and in compliance with Intermap’s end user license agreements. Technology may be restricted for DOD use only as Controlled Unclassified Information (CUI) whose export is restricted by the Arms Export Control Act (Title 22), Export Administration Act (Title 50), DODI 5520 Safeguarding Controlled Unclassified Information, International Traffic in Arms Regulation (ITAR), under which unauthorized disclosure is subject to sever criminal penalties. Intermap adopts Communications Security procedures (COMSEC).

Intermap Reader Advisory
Certain information provided in this news release, including reference to revenue growth, constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast", “will be”, “will consider”, “intends” and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap’s forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap’s Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.

About Intermap Technologies
Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap’s 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world’s largest collection of multi-sensor global elevation data, the Company’s collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap’s products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation.

For more information, please visit www.intermap.com or contact:
Jennifer Bakken
Executive Vice President and CFO
CEO@intermap.com
+1 (303) 708-0955

Sean Peasgood
Investor Relations
Sean@SophicCapital.com
+1 (647) 260-9266


FAQ

What is the new contract awarded to Intermap Technologies (ITMSF) in November 2024?

Intermap Technologies was awarded a subcontract with Endurance Group to provide 3D mapping and rendering services for the Pentagon's Irregular Warfare Technical Support Directorate's augmented reality platform.

When will Intermap Technologies (ITMSF) begin work on the IWTSD contract?

Intermap Technologies will commence work on the IWTSD contract during Q3 2024, as part of the CY 2024 Defense Budget.

What services will Intermap Technologies (ITMSF) provide under the IWTSD contract?

Intermap will provide comprehensive 3D mapping and rendering services to support the development of an augmented reality system for subterranean use by military and law enforcement agencies.

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