NV5 Global Secures $9 Million for Wildfire Mitigation Contracts Across U.S.

NV5 Global Inc. has secured $9 million in contracts aimed at enhancing wildfire mitigation and grid resiliency for several U.S. utility companies. The Hollywood-based firm will utilize advanced geospatial remote sensing technologies to assess risks to electrical transmission and distribution assets, optimize vegetation management, and improve GIS applications. Notable projects include a geospatial vegetation management initiative for a Texas utility, involving the analysis of over 14,000 miles of LiDAR data, and an expanded contract in Northern California for assessing tree health in high fire-risk areas. CEO Ben Heraud emphasized that these contracts reinforce NV5's commitment to using technology for wildfire prevention and enhancing public safety. With the growing frequency of wildfires, NV5's role in supporting utility companies is increasingly critical. The company's focus on leveraging technology positions it for future opportunities in the sector.