Integrating the world’s only certified aviation terrain data with urban airspace management systems
Enabling autonomous aircraft to navigate complex urban airspaces
DENVER, CO – Intermap Technologies (TSX: IMP; OTCQX: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial data and intelligence solutions, today announced a new contract with a leading Unmanned Traffic Management (UTM) provider to integrate Intermap’s certified aviation terrain data to continue the development of an urban air mobility platform.
Intermap’s NEXTView™ data enables electric vertical take-off and landing (eVTOL) aircraft to navigate in complex urban airspaces while maximizing safety and efficiency. Integrating NEXTView into UTM systems empowers operators to plan and execute eVTOL aircraft flights based on predetermined flight paths for efficient urban air taxi services. Intermap continues to grow in the urban aviation industry with this second contract for airspace management; the first was announced in October with Skyroads.
Intermap is providing high-resolution terrain data in European regions to support this initiative and enable development of the urban air mobility ecosystem required for commercialization. NEXTView is certified by the European Union Aviation Safety Agency (EASA), making integration with urban air mobility ecosystems easier and simplifying its certification process with regulatory agencies in the EU.
“We are excited to support the growth of the urban air mobility industry with globally available, highly precise terrain data,” said Patrick A. Blott, Intermap Chairman and CEO. “Innovative companies that are developing urban air taxi services need precison data to support safe and efficient operations. NEXTView supports urban air mobility by providing developers and operators with critical flight data to design urban air routes.”
NEXTView is the world’s first and only high-resolution global terrain dataset designed for the aviation industry. Created in partnership with Lufthansa Systems, NEXTView provides the aviation industry with the highest quality, continually updated terrain data. NEXTView is the only aviation certified terrain data on the market that can be directly integrated into cockpit systems.
Learn more about Intermap’s aviation terrain dataset at intermap.com/aviation-surface-data.
Intermap Reader Advisory
Certain information provided in this news release 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; OTCQX: 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.