Intermap Technologies announced a $1 million program in Malaysia, an update on its Indonesian mapping program and strong growth in its global insurance business. Enhancing Water Resources Management in Malaysia: Intermap won a $1 million contract in Malaysia to enhance water resources management. This award exemplifies how Intermap?s geospatial technology, which incorporates advanced AI/ML-driven automation, is used to commercialize evolving solutions to environmental challenges.

By helping the Malaysian government exploit its investment in national geospatial infrastructure, Intermap is extending the value and versatility of Malaysia?s new Intermap-created IFSAR data archive, which is applicable for governments across the region. Leveraging IRISTM technology and application layers to update currency and rapidly integrate tailored hydrological datasets, including rivers, canals and drainages, stakeholders gain unprecedented insights into the complex dynamics of water flow, terrain morphology and flood risk assessment. Intermap has earned more than $15 million under Malaysia?s current basemap program and expects awards to continue as post-COVID budgets reallocate discretionary resources back towards these urgent strategic requirements.

Indonesian Mapping Program Underway with First Milestones Complete: Intermap has received the first payment for the Indonesian mapping program and has made significant progress in project preparations and deployment. Collaborating with government officials and key business partners, the program is now underway to capture and analyze intricate geospatial data, promising valuable insights for sustainable development and resource management in the region. Official kickoff meetings with government representatives and business partners have set the stage for mapping Sulawesi?s diverse landscape, representing 10% of the country?s land area.

To empower local communities and foster commercialization of geospatial data, Intermap is conducting in-country training with Indonesian personnel on data usage. Designed to equip participants with essential skills and knowledge, the training underscores the Company?s commitment to building capacity and driving sustainable development at the grassroots level in Indonesia. Building on this foundation, Intermap is working to secure additional contracts and expand its presence in the region where it enjoys a distinct competitive advantage because of its unique mapping technology.