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Intermap wins major Indonesian mapping contract (OTCMKTS:ITMSF)

by Index Investing News
January 23, 2024
in Markets
Reading Time: 1 min read
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South_agency/iStock via Getty Images

  • Intermap Technologies (OTCQB:ITMSF) Tuesday said that it has won a $20 million contract to map the Island of Sulawesi, Indonesia in 2024.
  • 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.
  • Follow-on task orders to map the remaining 90% expected over the subsequent four years.
  • Source: Press Release

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Tags: contractIndonesianIntermapMajorMappingOTCMKTSITMSFWins
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