An update from 1Spatial ( (GB:SPA) ) is now available.
1Spatial has secured a £0.5m contract with Kent County Council for its 1Streetworks SaaS solution, marking the third major contract for the product. The solution automates traffic management plans, promising a 40% reduction in road closures, which could significantly benefit Kent economically and socially. This contract highlights the growing market awareness and adoption of 1Streetworks, reinforcing 1Spatial’s position in the industry and its focus on exploiting substantial market opportunities.
More about 1Spatial
1Spatial plc is a global leader in Location Master Data Management (LMDM) solutions, headquartered in Cambridge, with over 1,000 customers worldwide. The company offers a patented rules engine powering a software platform and a suite of proprietary business applications and SaaS products. Their flexible deployment options include cloud-based SaaS, on-premise, and hybrid solutions, catering to diverse organizational needs. 1Spatial is AIM-listed and operates in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.
YTD Price Performance: -21.63%
Average Trading Volume: 106,719
Technical Sentiment Signal: Hold
Current Market Cap: £61.49M
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