bullish

1Spatial Plc

1Spatial — Expansion with UK Power Networks

206 Views06 Oct 2025 15:00
Issuer-paid
SUMMARY

1Spatial has announced a significant expansion for 1Streetworks with UK Power Networks (UKPI). The deal is worth £1.0m over 15 months, with a one-year extension option, representing a 135% uplift on the initial engagement (announced in February 2024), and is expected to increase beyond this period. It also signifies that 1Streetworks has become embedded in the workflows of a major UK utility player, validating 1Streetworks’ value proposition and helping to pave the way for further customer expansion.

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