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1Spatial (AIM: SPA) – French government renewal

1Spatial has announced a contract expansion and renewal with the French National Public Authority. The contract is valued at €1.5m over four years and will provide annual recurring revenue of €0.38m, representing a useful 10% uplift. It also provides further evidence that the company’s enterprise business is progressing nicely in Europe, as well as in the US. In July the company announced a number of contract wins in the US, expanding its presence there to organisations across 21 states, up from 18 at year end.

The French National Public Authority use case highlights how 1Spatial’s core technology is used by very significant organisations to manage complex implementations across huge geospatial data sets. In this case, 1Spatial provides the software platform for the National Public Authority in France to automate the integration and validation of millions of location data points every day across 3,500 different agencies nationwide. Other flagship clients include the National Underground Asset Register in the UK, Google REWS and the California Department of Transportation.

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