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4 Predictions for Geospatial Data in 2023 – 1Spatial

Saturday, January 21st, 2023

By Seb Lessware, 1Spatial’s Chief Technology Officer

My last couple of geospatial data predictions included the natural wax and wane of machine learning projects as they succeed or fail, and we have certainly seen that happening in all industries: Eight years ago, the hype around machine learning for self-driving cars was so intense that I wondered if my kids would even have to learn to drive, and here we are, eight years later, and saving up for driving lessons.

In our industry we’ve definitely heard of machine learning projects stopping or reducing their scope to those specific cases where the outcomes are good enough, usually because there is sufficient input data of high enough quality. However, there are still good examples of successful geospatial machine learning projects happening.

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1Spatial Planning to Acquire Star-Apic

Thursday, May 23rd, 2013

Article source: 1Spatial

1Spatial plc (AIM:SPA), the Spatial Big Data Company, announces today that the Company has conditionally raised £18 million (before expenses) through the Placing of 300,000,000 new Ordinary Shares at the Placing Price of 6p per share with certain institutional investors, in accordance with the terms set out in the Circular to be published by the Company and posted to shareholders today (the “Circular”).

The net proceeds of the Placing will be used to finance the aggregate consideration for the Acquisition of Star-Apic, provide additional working capital for the Enlarged Group, open a sales and support centre in the Middle East and provide funds for product development, marketing and further potential acquisition opportunities.

The Placing Shares when issued will rank pari passu with the Existing Ordinary Shares and will, following Admission, rank in full for any dividends and distributions paid or made thereafter in respect of the Ordinary Shares.

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