Benzinga | Aug 16, 2021 04:08PM EDT

NV5 Global Bags $6M In Geospatial Awards To Support US Geological Survey

* NV5 Global Inc (NASDAQ:NVEE) has been selected by the US Geological Survey (USGS) to provide geospatial services totaling ~$6 million to support the 3D Elevation Program (3DEP).

* NV5 Geospatial will perform over 20,000 square miles of lidar data collection and data analytics in Washington, Oregon, Arizona, and Alaska.

* The goal of the USGS 3DEP program is to provide a national baseline of high-resolution, three-dimensional topographic elevation data across the U.S.

* Price Action: NVEE shares closed lower by 0.77% at $97.02 on Monday.