Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the
“Company”), a global leader in 3D geospatial products and
intelligence solutions, today announced it has won a $20 million
contract to map the Island of Sulawesi, Indonesia in 2024 (the
“Contract”). The Contract is the first phase of the Indonesian
national topographic basemap program to create a national digital
basemap as part of the One Map program backed by Presidential
Decree. Under the One Map program’s approved technical
specifications, the government will collect airborne IFSAR-derived
elevation data and cloud-free radar imagery for the entire country
at resolutions suitable for 1:5,000 scale mapping. The first phase
awarded today represents 10% of the country’s land area and 10% of
the One Map program. Work on the remaining 90% is expected over the
subsequent four years.
Indonesia’s national geospatial agency, Badan Informasi
Geospasial (BIG), has been mandated to create a national digital
basemap. Indonesia is the fourth most populous country and one of
the largest and fastest-growing economies in Southeast Asia,
strategically positioned on the major trade route through the South
China Sea. Basemaps play a critical role in policy formation,
decision-making and implementation of activities such as natural
resource management, disaster response and spatial planning.
Creating basemaps to the 1:5,000 scale specification requires
high-resolution remote sensing data, including imagery and digital
elevation models (DEMs), to extract details like buildings, roads,
land cover and terrain features. Indonesia is home to the world’s
largest tropical peatlands and mangrove forests as well as the
third largest tropical rainforest. These natural resources are
vital in capturing carbon, helping mitigate climate change impacts,
and are key resources for supporting Indonesia’s long-term
development. Basemaps are essential for developing spatial plans,
emergency response and natural disaster rehabilitation.
The Contract procurement to achieve this objective included a
competitive process, which evaluated multiple commercial airborne
and satellite technologies and sensors. Today’s award represents
one of the largest single-source topographic mapping programs ever
and demonstrates that national mapping agencies value Intermap’s
unique airborne, native-3D Interferometric Synthetic Aperture Radar
(IFSAR) collection, high-quality elevation data and rapid
processing technology. Intermap and its partners will utilize
Intermap’s IFSAR to map the entire Island of Sulawesi, an area of
more than 180,000 square kilometers. No other company can meet
Indonesia’s technical requirements within the budget and timeframe
allotted by the Contract.
Intermap has an exclusive partnership with the subsidiary of a
state-owned enterprise, PT Pratama Persada Airborne (PPA), which
leverages the strengths of both parties. The partnership combines
Intermap’s cutting-edge, patented IFSAR collection technology and
data processing expertise with PPA’s extensive local knowledge,
resources and government support. Together, the companies provide
an unparalleled mapping solution for this first phase of the
Indonesian national mapping program and future work under the One
Map program.
Today’s Contract is expected to be the first phase of the One
Map program to map approximately 17,000 islands, spanning
Indonesia’s entire territory, covering equatorial Southeast Asia.
The follow-on contract is expected to take four years and will
complete the foundation basemap, with additional agreements to
support the maintenance of the basemap.
“This major contract in Indonesia highlights the value of our
decades of experience, commercialization expertise and
technological development,” said Patrick A. Blott, Intermap
Chairman and CEO. “We have had a presence in Indonesia since the
1990s and have received numerous contracts over the past two
decades. The progression of our technology, our exploitation of
relevant data to drive valuable commercial use cases and the
expansion of our operations in Indonesia are a testament to our
ability to respond to challenging client requirements — in this
case, in-country processing, stringent data specifications and
ability to work closely with the local surveying, mapping,
government and business communities.”
Indonesia is located in the cloud belt, often blanketed with
persistent cloud cover, and mostly composed of rural areas and
dense tropical rainforests. IFSAR technology is the only mapping
solution that offers cloud-penetrating and foliage-penetrating
capabilities at the resolutions required to achieve 1:5,000 scale
mapping. Intermap’s IFSAR is approved by the Indonesian government
as a preferred technology, capable of achieving the required
basemap standards. This award demonstrates the high degree of
confidence Indonesia has for the collection and processing
capabilities of Intermap and its partners. Indonesia plans to
commercialize the data and Intermap is uniquely positioned to
contribute its extensive experience and capabilities to create
exploitation tools for applications such as flood mapping,
navigation, resource management and infrastructure monitoring.
Under the terms of the Contract, which is subject to additional
amended terms and conditions regarding subcontractors for the final
allocation of taxes for goods and services, Intermap will provide
collection, processing and delivery of high-quality elevation data
and imagery data as part of a consortium of other local operators.
The entire area will be captured using airborne IFSAR, a SAR-based
native 3D collection technology with quality and precision that
cannot be duplicated with spaceborne sensors. After an extensive,
multiyear evaluation process with the country’s expert SAR
community, airborne IFSAR was identified as the only technology
that could meet the government’s ambitious specifications for
accuracy and detail. Intermap’s sensors and technology collect
25-centimeter resolution IFSAR imagery and produce 0.50-meter
resolution digital surface models, 1-meter resolution digital
terrain models, and feature products, including triple canopy
foliage penetration, for foundational basemaps. Intermap’s
proprietary IFSAR co-registered X- and P-band sensors will be
deployed on one of its STAR-3 high-altitude, wholly-owned Learjet
platforms. Using artificial intelligence and machine learning
algorithms, the Company’s patented IRIS™ and LENS processing
engines enable country-scale processing at speed by automatically
extracting primary features from our aerial SAR as well as
multi-sourced data, including high-frequency and low-frequency
radar, multi-spectral imagery, LiDAR, satellite SAR, optical
sensors, aerial photo and other sources, in near real-time, to
assist in identifying and monitoring changes in features, objects
and hybrid vectors.
Learn more about the Contract at
intermap.com/indonesian-mapping-program.
Learn more about Intermap’s government data collection solutions
at intermap.com/collection.
Intermap Reader AdvisoryCertain
information provided in this news release, including reference to
revenue growth, the scope and timing of additional phases of the
One Map program and expected follow-on task orders, and the methods
of mapping to be used in performing the services under the
Contract, constitutes forward-looking statements. The words
"expect", “will”, 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, the
nature of government contracts, including changing political
circumstances in the relevant jurisdictions, economic conditions,
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
TechnologiesFounded 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:
Patrick A. Blott
Chairman and CEO
CEO@intermap.com
+1 (303) 708-0955
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