NV5’s Quantum Spatial Selected as a Prime Consultant on $40 Million NOAA Contract
HOLLYWOOD, Fla., April 02, 2020 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that Quantum Spatial, Inc. (“Quantum Spatial”), an NV5 company, has been selected as a prime consultant for a five-year, $40 million shoreline mapping support services contract contributing to the National Oceanic and Atmospheric Administration’s (NOAA) National Geodetic Survey. Quantum Spatial's expertise in the collection of topobathymetric LiDAR and the associated data analytics is a critical capability NOAA seeks to leverage as they continue to monitor coastal resources and ensure the safety of navigation.
Quantum Spatial is North America's leading provider of highly specialized topobathymetric LiDAR professional services. This contract is expected to include data acquisition, data processing, quality control, and data analytics. The firm has been providing topobathymetric LiDAR services to NOAA's National Geodetic Survey Remote Sensing Division since 2013.
“We are pleased to have been selected by NOAA for this project and proud of the long-term partnership that we have developed over the years,” said Dickerson Wright, PE, Chairman and CEO of NV5. “Quantum Spatial continues its strong performance, and its application of leading-edge technology and technical expertise strengthen our leadership position in the...