Marks Entry in New Infrastructure and Urban Planning Sector
Key Contracts in Pipeline to Play Crucial Role in Growth of Deepspatial
Deepspatial Inc. (CSE:DSAI) (OTCQB:DSAIF) (“Deepspatial” or the “Company”), an outcome based artificial intelligence company, enabling organizations to enhance their decision making capabilities by leveraging the power of data and AI, today announced the expansion of its Partner Program and a new contract in Infrastructure and Urban Planning.
On October 5, 2021, Deepspatial announced its first partner, IPE Global, as part of the company’s Partner Program where partners will act as ambassadors for the company’s Geospatial AI solutions and services. Deepspatial has been steadily building its Partner Program with the goal of expanding into key industries & verticals.
Today, we are proud to announce the addition of a new partner and a new contract in India focusing on Health and Sanitation Planning, Waste Disposal Planning, Infrastructure Planning, and Tourism Site Planning and Development. Due to privacy reasons, this partner and client wish to remain anonymous.
The contract marks a new entry in the infrastructure and urban planning sector for Deepspatial, where its solutions will be used to support organizations and provide AI & data driven decision making for key Government personnel, ensuring a better future and quality of life for its citizens. Details about the project include identifying healthcare requirements in certain areas, identifying opportunities to minimize waste disposal, identifying road network conditions and more.
Exposure to the Infrastructure and Urban Planning sector presents a large business opportunity for Deepspatial. The global urban planning software and services market size is anticipated to reach USD 192.35 billion by 2028.1
“We are expecting several key contracts to be executed which currently stand in our pipeline that will provide Deepspatial with meaningful revenue. We anticipate these key projects will play a crucial role in Deepspatial’s success and open the door to many opportunities in the Government sector. We see a lot of gaps in parts of the world where our solutions can vastly improve the rough conditions of society, and we are excited to have the opportunity to make such an impact,” said Dr. Rahul Kushwah, CEO of Deepspatial.
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