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In June this year, Intermap Technologies Corp. was issued a $175+ million governmental letter of award for a national spatial data infrastructure program.
Intermap also issued an earnings release on last Thursday, reiterating its view that this deal will be launched before the end of this quarter (ending September 30).
On Friday, Intermap’s management team disclosed that it has multiple governmental megadeals in its pipeline, including one (estimated at over $125M) that is expected to close before year-end.
Intermap’s market cap is hovering around a mere $50 million despite being at the onset of monetizing 20 years (and over $200 million) of investment.
This might be an ideal time to buy call options of Intermap stock before the rally kick starts.
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