Intermap Technologies has been awarded a subcontract through a leading defense prime contractor to support a U.S. Department of Defense (DOD) research program focused on positioning, navigation, and timing (PNT) in GPS-denied environments. The contract, announced on June 25, 2026, represents Intermap's third award supporting the development of alternative navigation technologies. This initiative builds upon the company's previous work with the U.S. Air Force Research Laboratory and aims to advance navigation capabilities for military, aerospace, and autonomous systems operating where GPS signals are unavailable or disrupted.

The program is designed to enhance navigation solutions for systems that require assured positioning independent of satellite-based signals. Intermap will provide proprietary geospatial data, advanced terrain intelligence, engineering expertise, and operational capabilities. The company's global archive of 3D terrain data and its ability to rapidly process geospatial information are critical inputs for next-generation navigation systems.

Reliable PNT capabilities are increasingly vital for defense, intelligence, aerospace, and commercial applications as electronic warfare threats evolve. Governments and commercial operators are investing in resilient navigation technologies that can function effectively in contested environments where traditional satellite navigation may be compromised.

"Positioning, navigation and timing is a foundational capability for modern military operations, autonomous systems and space-based platforms," said Patrick A. Blott, Chairman and CEO of Intermap Technologies. "As GPS denial and electronic warfare rapidly evolve, governments are investing in alternative navigation technologies that can operate with precision in contested environments. Intermap’s proprietary 3D geospatial data, terrain intelligence and advanced analytics provide unique capabilities for these next-generation systems."

The award expands Intermap's portfolio of defense and aerospace initiatives, which includes work supporting the U.S. Air Force Research Laboratory, NASA Artemis III, and commercial space operators. The company views advances in GPS-denied navigation as a significant long-term opportunity for geospatial intelligence and AI-powered analytics.

Certain proprietary data and technical information provided under the contract are subject to U.S. government security and export control requirements. Access and distribution of such information may be restricted under regulations including Controlled Unclassified Information (CUI), International Traffic in Arms Regulations (ITAR), and Export Administration Regulations (EAR).

Intermap Technologies Corporation held its annual general meeting of shareholders on June 24, 2026, at the TMX Market Centre in Toronto. A total of 22,993,978 Class A common shares, representing 31.16% of the total outstanding shares, were represented in person or by proxy at the meeting. Shareholders voted in favor of all items of business, including the election of all nominated directors and the reappointment of MNP LLP as auditors.

Director Election Results

The following nominees were elected as directors of the company to hold office until the close of the next annual general meeting:

Auditor Appointment

MNP LLP, Chartered Professional Accountants, was reappointed as the auditor of the company to hold office until the next annual general meeting. The remuneration for the auditor will be determined by the board of directors.

The voting results are detailed in the company's management information circular dated May 13, 2026, available on SEDAR+.