1Spatial scores multi-year contract with State of California
1Spatial
67.50p
16:55 14/11/24
Data management software provider 1Spatial has inked a multi-year contract with a new customer, the State of California's Office of Emergency Services.
FTSE AIM All-Share
729.38
16:54 14/11/24
Software & Computer Services
2,485.46
16:38 14/11/24
1Spatial said on Wednesday that the contract was for its 1Integrate and 1Data Gateway software-as-a-service offerings and had a total value of approximately $600,000 over two years, with a recurring element of $100,000 per annum.
The AIM-listed group highlighted that its data validation software would be used to support California's implementation of the national Next Generation 9-1-1 initiative, set up to improve vital public emergency communications services and will run across the USA and Canada.
Chief executive Claire Milverton said: "We are delighted to be working on this important project with the State of California, which sees our 1Integrate and 1Data Gateway portal form an essential platform to support the implementation of the Next Generation 9-1-1 initiative.
"The contract illustrates the potential opportunities in North America for 1Spatial to build market share as a leader in complex data management in such an important territory."
As of 0905 GMT, 1Spatial shares were down 2.32% at 27.35p.