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Stock impact report

NV5 Awarded $26 Million to Support Utility Grid Efficiency and Reliability Through Tech-Enabled Geospatial Services

NV5 Global, Inc. (NVEE) 
Last nv5 global, inc. earnings: 2/26 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nv5.com/investor-overview
Company Research Source: GlobeNewswire
HOLLYWOOD, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, certification, and consulting solutions, announced today that it has been awarded $26 million in geospatial contracts by leading electric and gas utilities to support utility infrastructure improvements, asset management, and vegetation management. The projects are expected to be fulfilled within the next 12 months and encompass approximately 80,000 miles of energy distribution. NV5 will utilize its latest artificial intelligence (AI) data solutions and proprietary geospatial data collection platforms to deliver project data to support the growing demand for energy across the United States. “NV5 continues to lead the geospatial industry in the use of AI-enabled data analytics and proprietary data collection platforms, such as NV5’s Comprehensive Low-Altitude Sensor Solution (CLASS),” said Dan Levine, President, Geospatial at NV5. “Our machine lear Show less Read more
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