NV5 Awarded $10 Million Geospatial Forest Resource Management Contract
2023年10月3日 - 9:00PM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a
provider of technology, conformity assessment, and consulting
solutions, today announced that it has been selected by United
States Geological Survey (USGS) for a $10 million contract to
perform geospatial lidar data collection and processing of 28,359
square miles in Oregon and Washington state as part of the USGS 3D
Elevation Program (3DEP). The project will support forest resource
management and is jointly funded by USGS and the U.S. Forest
Service Geospatial Technology and Applications Center of the U.S.
Department of Agriculture.
The two-year project includes leaf-on lidar data collection in
the fall and spring and is expected to be completed in September
2025.
“The application of geospatial data in the management of natural
resources continues to grow, and we are pleased to support forestry
management efforts of the USGS and U.S. Forest Service,” said
Dickerson Wright, PE, Chairman and CEO of NV5. “NV5 has served the
USGS for over 25 years, and we look forward to continuing our
support of the USGS’ 3DEP mission to achieve high resolution
elevation data for all of the United States and its
territories.”
“We are proud of our long-standing relationship with the USGS
and NV5’s contributions to the 3DEP program,” said Dan Levine,
President of Geospatial at NV5.
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, testing, inspection & consulting,
buildings & technology, environmental health sciences, and
geospatial services. NV5 operates out of more than 100 offices
nationwide and abroad. 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
Source: NV5 Global, Inc.
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