- Business
- Intermap Technologies Corporation (TSX: IMP) is a geospatial intelligence company that creates and analyzes three-dimensional terrain data to produce high-resolution thematic models and analytics for government and commercial clients worldwide. The company offers core digital map products including digital surface models, digital elevation models, digital terrain models, multi-frequency orthorectified radar imagery, and NEXTMap One at 1-meter resolution; additional mapping products such as custom contours, terrain-derived hydrology and coastlines datasets, slope maps, aspect maps, hillshade images, clutter, and land cover; Data-as-a-Service solutions like InsitePro for insurance underwriting, NEXTView for terrain and obstacle awareness in aviation, and Aquarius software for risk management and analytics; as well as geospatial data acquisition, production services, value-added data licensing, and software solutions serving applications in defense, aviation, UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, telecommunications, renewables, engineering, hydrology, environmental planning, and transportation. Founded in 1997 and headquartered in Englewood, Colorado, with roots tracing to 1919 through predecessor Aero Service Corporation, Intermap operates globally across the United States, Canada, Asia Pacific, Europe, and other regions, leveraging patented sensors, processing technology, and a proprietary archive of multi-sensor elevation data to deliver AI-driven geospatial solutions through cloud or on-premise architectures. Recent developments include selection as a vendor on the National Geospatial-Intelligence Agency's $200 million Luno B IDIQ contract in early 2025, following the prior Luno A award for a combined $500 million opportunity; a $20 million Phase 1 contract in January 2024 under Indonesia's One Map program to map Sulawesi with IFSAR-derived elevation data and radar imagery, positioning for follow-on phases covering the nation's remaining land area; closure of a C$12 million equity financing in February 2025 to fund growth; expansion of multiyear partnerships with a European bank-insurance group, PREMIUM Insurance, a global space infrastructure operator, and a GPS golf technology provider; down-selection for a U.S. DARPA program supporting autonomous systems; and reporting Q1 2025 revenue of $4.3 million, up 153% year-over-year, with affirmed full-year guidance of $30-35 million and 28% EBITDA margin.