NV5 Selected for $6 Million in Geospatial Awards to Support the US Geological Survey
August 16 2021 - 8:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq:
NVEE), a provider of compliance, technology, engineering,
and environmental consulting solutions, announced today that it has
been selected by the US Geological Survey (USGS) to provide
geospatial services totaling approximately $6 million to support
the 3D Elevation Program (3DEP). Under these awards, NV5 Geospatial
will perform over 20,000 square miles of lidar data collection and
data analytics in Washington, Oregon, Arizona, and Alaska.
The goal of the USGS 3DEP program is to provide a national
baseline of high-resolution, three-dimensional topographic
elevation data across the United States. The elevation data
provided by the 3DEP program is used to make critical decisions
related to the environment, property, infrastructure, and
safety.
“NV5 Geospatial has supported the 3DEP program and the local
governments and private organizations that partner with USGS since
the program’s inception,” said Dickerson Wright, PE, Chairman and
CEO of NV5. “The contributions that NV5 Geospatial makes to the
3DEP program support flood risk management, coastal resilience,
energy development, water and natural resource conservation,
infrastructure management, and a host of other applications.”
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of compliance, technology, engineering, and environmental
consulting solutions for public and private sector clients
supporting sustainable infrastructure, utility, and building assets
and systems. The Company focuses on multiple verticals: testing,
inspection & consulting, infrastructure, utility services,
buildings & program management, environmental health sciences,
and geospatial technology services to deliver innovative,
sustainable solutions to complex issues and improve lives in our
communities. NV5 operates out of more than 100 offices nationwide
and abroad. For additional information, please visit
the Company’s website at www.NV5.com. Also visit the Company
on LinkedIn, Twitter, Facebook,
and Instagram.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. The Company cautions that these
statements are qualified by important factors that could cause
actual results to differ materially from those reflected by the
forward-looking statements contained in this news release. Such
factors include: (a) changes in demand from the local and state
government and private clients that we serve; (b) general economic
conditions, nationally and globally, and their effect on the market
for our services; (c) competitive pressures and trends in our
industry and our ability to successfully compete with our
competitors; (d) changes in laws, regulations, or policies; and (e)
the “Risk Factors” set forth in the Company’s most
recent SEC filings. All forward-looking statements are
based on information available to the Company on the date hereof,
and the Company assumes no obligation to update such statements,
except as required by law.
Investor Relations Contact
NV5 Global, Inc.Jack CochranVice President, Marketing &
Investor RelationsTel:
+1-954-637-8048Email: ir@nv5.com
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