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DENVER, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced that it plans to release is third quarter 2024 financial results after market close on Thursday, November 14, 2024.
Luno A budget increased to $290 Million—10x original amount
Revenue jumped to $3.6 million from $1.6 million last year
The Company intends to close the third and final tranche this week
The Company has deployed to Indonesia to execute on its $20 million contract
Proceeds to fund programs with the Indonesian government, U.S. Air Force and other clients
Proceeds to fund contracts with the Indonesian government, U.S. Air Force and other clients
Real-world elevation data enables efficient network deployment
Recurring revenue represented 51% of total revenue and 72% of commercial revenue
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