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Intermap Technologies Corporation reports developments in 3D geospatial products and intelligence solutions for insurance, government and commercial customers. Company updates include adoption of its AI-enabled Risk Assistant, property-level flood risk analytics, 3D elevation data, precision vector datasets and multi-peril hazard layers used in underwriting, property valuation, portfolio risk management and claims validation.
Recurring Intermap news also covers national mapping and flood-forecasting programs, government geospatial data infrastructure work, subscription and data revenue trends, quarterly and annual financial results, equity financing activity and securities registration matters. The company’s announcements connect operating performance to demand for elevation-as-a-service, risk modeling and large-scale geospatial programs.
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Intermap Technologies announced a contract to supply 3D digital elevation models (DEMs) to enhance agricultural efficiency in Indonesia. The country's agriculture sector is crucial, employing a third of its labor force and contributing around 14% to GDP. Intermap's data will aid in monitoring plantations across Sumatra and Borneo, ultimately improving yields and minimizing crop loss due to pests and diseases.
The company's innovative approach is expected to drive future growth, as it collaborates with various agricultural and natural resource entities in Southeast Asia. Intermap’s 3D elevation models provide detailed terrain information, enabling informed decision-making for sustainable agricultural practices.
Intermap Technologies (OTCQX: ITMSF) has secured a contract with a major telecom provider in Vietnam to deliver a suite of geospatial data products. This contract aims to enhance the geospatial infrastructure for network expansion across 70 cities, utilizing advanced data collection methods for accurate 3D terrain models.
These models will help telecom operators optimize cell tower placements, adjust antenna configurations, and identify coverage gaps, ultimately improving network efficiency. Intermap's use of patented technology and artificial intelligence promises to streamline the traditionally complex process of upgrading telecommunications networks. CEO Patrick Blott emphasizes that this technological advancement supports ongoing developments in global telecom, particularly as the industry shifts towards 5G.