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

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NV5 Global, a provider of technology, certification, and consulting solutions, announced 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 learning solutions and leading-edge sensor technologies deliver revolutionary geospatial insights to support utility grid efficiency and reliability while strengthening NV5’s leadership position in the geospatial segment.”

A grid-dependent public utility serving the Eastern United States selected NV5 to deliver geospatial lidar and imagery collection and analytics for 60,000 miles of electrical distribution assets. NV5 will perform advanced AI-based image recognition to generate an accurate inventory of the utility’s assets and support operational efficiency.

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