DENVER, Colo., Aug. 11, 2022 — (PRNewswire) —Intermap Technologies (TSX:IMP^[1]) (OTCQX:ITMSF^[2]) ("Intermap" or the "Company"), a global leader in 3D geospatial data and intelligence solutions, today announced that second quarter and first half revenue rose more than 100% over 2021. For the quarter and six months ending June 30, 2022, the Company reported revenue of $2.4 million and $4.4 million, compared with $1.2 million and $2.1 million, respectively, for the same periods last year.

Government sales improved to $1.7 million compared with $0.2 million for the prior year. Growth came from domestic and foreign sources. Substantially all government sales during the period were programmatic. Intermap is pursuing government programs of record in North America, Europe, South America and Southeast Asia, which fall under multiyear award contracts that include requirements for large-scale 3D GEOINT to support strategic data infrastructure, which is suitable for Intermap's 3D elevation data.

Commercial sales recognized a 39% increase in subscription-based revenue compared with the second quarter of 2021. Intermap's recurring subscription sales now comprise 32% of total revenue. Unearned Revenue, a balance sheet item, increased to $2.2 million on June 30, 2022 from $1.7 million at December 31, 2021, resulting from an increase in prepaid software subscriptions, representing significant growth in high-margin, cash-generating accounts.

The number of...

WESTMINSTER, Colo. — (BUSINESS WIRE) — August 9, 2022 — Maxar Technologies (NYSE: MAXR^[1]) (TSX: MAXR^[2]) (“Maxar” or the “Company”), a provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced financial results for the quarter ended June 30, 2022.

Key points from the quarter include:

• Consolidated revenues of $438 million
• Net loss of $30 million, inclusive of a $53 million loss on debt extinguishment
• Diluted net loss per share of $0.41
• Adjusted EBITDA¹ of $119 million
• Operating cash flows of $67 million
• Awarded a 10-year contract worth up to $3.24 billion as part of the Electro-Optical Commercial Layer Program
• Refinanced our Credit Facility with new maturities in 2027 and 2029, retired our 2023 Notes and issued new 7.75% Notes due 2027

1. This is a non-GAAP financial measure. Refer to section “Non-GAAP Financial Measures” in this earnings release.

“We made solid progress this quarter on our strategic growth plans,” said Dan Jablonsky, President and Chief Executive Officer. “Our Earth Intelligence segment had a diversified set of bookings across the U.S. government, international allies, and enterprise customers. The Electro-Optical Commercial Layer Program award provides great revenue visibility for Maxar...

Revenue up 105% Compared to Prior Year Quarter
Imagery and Software Analytical Services Revenue Grew to 88% of Total Revenue
Won Several Large Multi-Year Contracts with a Total Value up to $1.27 Billion
Company Raises Full Year 2022 Revenue Outlook

HERNDON, Va. — (BUSINESS WIRE) — August 10, 2022 — BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY^[1]), announced results for the second quarter ended June 30, 2022.

Second Quarter Financial Highlights:

• Revenue of $15.1 million, up 105% from the prior year period
• Imagery & software analytical services revenue improves 161% over the prior year's quarter and to 88% of total revenues
• Net loss of $26.3 million
• Adjusted EBITDA ⁽¹⁾ loss of $8.8 million
• Cash balance ⁽²⁾ at the end of June 2022 was $111.2 million
• Capital expenditures of $12.1 million

(1) Non-GAAP financial measure. See “Non-GAAP Financial Measures” below and reconciliation table at the end of this release.

(2) Cash balance includes cash and cash equivalents, restricted cash, and short-term investments.

“Second quarter revenue hit an all-time high for the Company, more than doubling over the prior year...

SUNNYVALE, Calif., Aug. 11, 2022 — (PRNewswire) — Trimble (NASDAQ:TRMB^[1]) introduced today data integrity monitoring for its precise point positioning (PPP) correction service, CenterPoint® RTX Fast. The Trimble RTX Integrity™ monitoring system is an innovative, patented solution, built in direct response to client requirements for production-ready applications. It continuously validates the reliability of correction data processed by the network, which is broadcast to users in the agriculture, geospatial, construction and automotive industries, ensuring positioning data is right the first time. 

HOLLYWOOD, Fla., Aug. 11, 2022 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded two contracts by the University of California (UCSD) and the U.S. Geological Survey (USGS) totaling $13 million to support wildfire studies and mitigation efforts in California.

“The frequency and severity of wildfires in the West continues to grow, and NV5 is the industry leader in geospatial and engineering services to support wildfire mitigation efforts for utilities, government entities, and wildfire response programs,” said Dickerson Wright, PE, Chairman and CEO of NV5. “NV5’s geospatial topographical analysis, vegetation management, power line undergrounding design, and fire hardening design services provide invaluable tools in our clients’ efforts to reduce the number of wildfires and minimize their impacts.”

UCSD selected NV5 for a $6 million contract to acquire topographic lidar and multi-spectral imagery covering 13,269 square miles of the North Sierra Mountain Range. This is the first of a three-phase program envisioned by UCSD in support of its ALERTWildfire Program providing geospatial data that will be used to address significant fire threats throughout the state of California.

USGS awarded NV5 a two-year, $7 million contract to...

European Space Imaging partner, Maxar, collected new satellite imagery yesterday (August 10^th) of Saki airbase at Novofedorivka, Crimea, Ukraine that shows the aftermath of the reported attack on the Russian airbase.

In the link provided below, you can download a gallery of images that compare/contrast the airfield and the Su-24 bombers and Su-30 fighters deployed at the airbase before the attack (May 16, 2022 imagery) with yesterday’s imagery. Additionally, we are providing several color infrared images from yesterday which help visually show the extent of the area that was burned by the explosions and fires caused by the attack. As a reminder, with color infrared imagery, burned vegetation appears in shades of black/grey while unburned vegetation looks red/pink.

All images can be used freely but must be attributed. Copyright:

Satellite Imagery © Maxar Technologies Provided by European Space Imaging

Overview of saki airbase before attack_novofedorivka_crimea 16 May 2022

02_color infrared overview of saki airbase after attack_fire extent_ novofedorivka_crimea 10 Aug 2022

03_closer view of aircraft parking area before attack_saki airbase_crimea 16 May 2022

04_natural color view of damaged aircraft after attack_saki airbase_crimea 10 Aug 2022

05_color infrared view of damaged aircraft after attack_saki airbase_crimea 10 Aug 2022

06_close up view...

Multisport watch designed for endurance athletes now has LED flashlight, music and enhanced positioning precision—plus up to 150 hours of battery life in GPS mode

OLATHE, Kan. — (BUSINESS WIRE) — August 9, 2022 — Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN^[1]), today announced the Enduro^™ 2^[2] ultraperformance multisport GPS smartwatch. Purpose built for endurance athletes, the rugged yet lightweight Enduro 2 includes built-in TopoActive maps with multicontinent coverage, a superbright LED flashlight and Garmin’s exclusive SatIQ™ technology to help optimize battery performance. What’s more, enhanced solar harvesting provides up to 46 days in smartwatch mode and up to 150 hours in GPS mode¹ to outlast the longest ultra race or greatest adventure.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220809005012/en/^[3]