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Intermap Wins $200 Million Luno B IDIQ Contract
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Intermap Wins $200 Million Luno B IDIQ Contract
Jan 21, 2025 5:40 AM

08:02 AM EST, 01/21/2025 (MT Newswires) -- Intermap Technologies ( ITMSF ) on Tuesday said the company's team led by CACI was selected by the National Geospatial-Intelligence Agency (NGA) as one of the vendors for the $200 million Luno B commercial data indefinite delivery, indefinite quantity contract.

"The contract will enable NGA to lead the GEOINT enterprise in applying GEOINT artificial intelligence while delivering decision advantage to warfighters, policy makers and mission partners," the company said in a statement.

Intermap ( ITMSF ) said GEOINT users will have access to data and analytic services that add new context to analytic assessments by characterizing worldwide economic, environmental and geopolitical activities, as well as illegal, unregulated and unreported activities, through this IDIQ contract.

Luno B has a five-year base ordering period with a $200 million ceiling, with vendors competing on a full and open basis for future delivery orders.

Shares of the company closed up $0.050 or 2%, to $2.40 on Monday on the Toronto Stock Exchange.

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