NV5 Awarded $5 Million NOAA Contract for Lake Michigan Geospatial Hydrographic Survey
23 Luglio 2024 - 2:00PM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a
provider of technology, conformity assessment, and consulting
solutions, announced today that it has been awarded a $5 million
contract by the National Oceanic and Atmospheric Administration
(NOAA) Office of Coast Survey to conduct a comprehensive
hydrographic survey in Lake Michigan.
"NV5’s geospatial marine surveying business continues its
strategic expansion into new geographies to support water resource
management, maritime safety, and updated navigational information,”
said Dickerson Wright, PE, Executive Chairman of NV5. "NV5’s
specialized expertise in hydrographic surveying and nautical
charting makes us uniquely qualified to support commercial and
recreational maritime safety efforts by providing essential data
for updated National Ocean Service (NOS) nautical charts.”
The project scope includes Southern Lake Michigan from Northeast
Chicago, IL to Michigan City, IN, a crucial route for maritime
traffic and a major entry point to the Mississippi River. The
project will provide survey and mapping information for a 450
square nautical mile zone to develop updated navigational charts
and support safer marine operations in the area.
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, conformity assessment, and consulting
solutions for public and private sector clients supporting utility,
infrastructure, and building assets and systems. The Company
primarily focuses on six business verticals: Utility services,
infrastructure engineering, construction quality assurance,
buildings & technology, environmental health sciences, and
geospatial services. NV5 operates out of more than 100 offices
nationwide and internationally. For additional information, please
visit the Company’s website at www.NV5.com. Also visit the Company
on Twitter, LinkedIn, Facebook, and Vimeo.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. The Company cautions that these statements are
qualified by important factors that could cause actual results to
differ materially from those reflected by the forward-looking
statements contained in this news release. Such factors include:
(a) changes in demand from the local and state government and
private clients that we serve; (b) general economic conditions,
nationally and globally, and their effect on the market for our
services; (c) competitive pressures and trends in our industry and
our ability to successfully compete with our competitors; (d)
changes in laws, regulations, or policies; and (e) the “Risk
Factors” set forth in the Company’s most recent SEC filings. All
forward-looking statements are based on information available to
the Company on the date hereof, and the Company assumes no
obligation to update such statements, except as required by
law.
Investor Relations ContactNV5 Global, Inc.Jack
CochranVice President, Marketing & Investor RelationsTel:
+1-954-637-8048Email: ir@nv5.com
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