Intermap Technologies announced a new contract with a Class 1 North American railway company for flood and fire risk management. Under the contract announced on January 11, 2022, Intermap will provide flood and fire risk management along railway infrastructure through its NEXTWave Rail™ application. With Intermap's NEXTWave Rail application for flood and wildfire risk management, railway companies can plan and maintain culvert systems to help prevent washouts and implement wildfire mitigation strategies in high-risk areas near tracks.

To design a risk analytic for the railway sector, Intermap leveraged its expertise in flood management for the insurance industry, InsitePro®. The Company's new rail solution assesses railway culvert vulnerability by considering the location, size and age of the railway infrastructure, along with its proprietary elevation data and flood and fire models to provide a culvert vulnerability score through a single application. The vulnerability score will help railways prioritize which culverts require maintenance and when they need to be replaced without sending a team to do the assessment on-site.

The culvert vulnerability analytic will support railways with insight into the topography and the frequency and severity of flood risk to decrease yearly cost from washouts and improve safety.