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NV5 Awarded $10 Million in Critical Mineral Geospatial Projects by U.S. Geological Survey
NV5NV5(US:NVEE) Newsfilterยท2024-12-16 13:00

Core Insights - NV5 has been awarded $10 million in contracts by the U.S. Geological Survey (USGS) to provide high-precision geospatial services, supporting essential geological research and the Earth Mapping Resources Initiative (Earth MRI) program [1][2] - The contracts aim to identify and manage critical minerals in the U.S., addressing the growing demand for these resources to support energy independence [1][2] Group 1: Contract Details - NV5 will acquire and process high-precision magnetic and radiometric data across 11,100 square miles in Western Texas, including Big Bend National Park and key critical mineral regions [2] - A high-precision magnetic and radiometric survey will also be conducted over 7,300 square miles in New Mexico [2] - In Michigan, NV5 will perform a high-resolution geophysical survey using electromagnetic and magnetic data to assess critical mineral potential in Lake Superior [3] Group 2: Company Overview - NV5 Global, Inc. specializes in technology, certification, and consulting solutions for both public and private sector clients, focusing on utility services, infrastructure engineering, construction quality assurance, buildings & technology, environmental health sciences, and geospatial services [4] - The company operates from over 100 offices nationwide and internationally [4]