NV5

NV5 to Host First Quarter 2024 Conference Call on Wednesday, May 8th at 4:30pm ET

Retrieved on: 
Tuesday, April 16, 2024

HOLLYWOOD, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, will announce its financial results for the first quarter ended March 30, 2024, on Wednesday, May 8, 2024, following the close of the markets.

Key Points: 
  • HOLLYWOOD, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, will announce its financial results for the first quarter ended March 30, 2024, on Wednesday, May 8, 2024, following the close of the markets.
  • The Company will host an earnings conference call at 4:30 p.m. Eastern time the same day.
  • NV5 Executive Chairman, Dickerson Wright, and Chief Financial Officer, Edward Codispoti, will host the call followed by a question and answer session.

NV5 Expands Strategic Collaboration to Develop Optimal Data Center Design Conditions for NVIDIA AI Compute Systems

Retrieved on: 
Monday, April 15, 2024

HOLLYWOOD, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today a strategic collaboration with Cadence Design Systems to qualify, design, and demonstrate ideal data center design conditions for AI data center platforms, including NVIDIA AI Compute systems.

Key Points: 
  • HOLLYWOOD, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today a strategic collaboration with Cadence Design Systems to qualify, design, and demonstrate ideal data center design conditions for AI data center platforms, including NVIDIA AI Compute systems.
  • The intent of the collaboration is to develop the optimal data center environment for the fastest and most reliable data center hardware and software performance.
  • “NV5’s data center engineering and commissioning business continues to expand domestically and internationally, and we are pleased to contribute to this collaboration in the rapidly evolving AI data center industry,” said Dickerson Wright, Executive Chairman of NV5.
  • Through this collaboration, NV5 has contributed design strategies to support the high electricity and infrastructure demands of AI Compute for both airflow and cooling systems.

NV5 Awarded $13 Million in Data Center Mission Critical Wins

Retrieved on: 
Thursday, April 11, 2024

HOLLYWOOD, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded $13 million in contracts to support the expansion of data center assets for technology and financial companies in Asia and the United States.

Key Points: 
  • HOLLYWOOD, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded $13 million in contracts to support the expansion of data center assets for technology and financial companies in Asia and the United States.
  • “NV5’s data center mission critical services continue to drive organic growth internationally and domestically, and we have recently expanded our operations into new markets in Japan and Taiwan,” said Dickerson Wright, PE, Executive Chairman of NV5.
  • NV5 supports data center and mission critical infrastructure through comprehensive service offerings including testing and commissioning, due diligence, certification, mission critical design, installation management, modeling, and analytics.
  • Additionally, NV5’s infrastructure engineering group delivers power delivery services to connect data center assets to the existing electrical grid.

NV5 Acquires GIS Solutions, Inc, Enhances Geospatial Application Development and Cloud Services for Departments of Transportation

Retrieved on: 
Thursday, April 4, 2024

GIS Solutions supports state departments of transportation and utilities by developing solutions that monitor asset management, expedite efficient service delivery, and deliver real time mapping and incident reporting.

Key Points: 
  • GIS Solutions supports state departments of transportation and utilities by developing solutions that monitor asset management, expedite efficient service delivery, and deliver real time mapping and incident reporting.
  • The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
  • “Tech-enabled services, such as geospatial solutions, have grown as a percentage of NV5’s revenue as we focus on services with higher margins and more rapid scalability than traditional surveying services, and we are pleased to add GIS Solutions to the NV5 organization,” said Dickerson Wright, PE, Executive Chairman of NV5.
  • GIS Solutions also provides cloud-managed and systems design services to help organizations employ geospatial solutions.

NV5 Acquires ASG Engineering Consultants, Enhances Building Technology Services in Middle East and Asia

Retrieved on: 
Wednesday, April 3, 2024

HOLLYWOOD, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired ASG Engineering Consultants (“ASG”), a provider of structural engineering, permitting, and compliance services in Dubai, United Arab Emirates (UAE).

Key Points: 
  • HOLLYWOOD, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired ASG Engineering Consultants (“ASG”), a provider of structural engineering, permitting, and compliance services in Dubai, United Arab Emirates (UAE).
  • ASG’s talented team of engineers, BIM technicians, and technical professionals have delivered engineering design and oversight services for premier education, hospitality, stadium, and commercial structures throughout the Middle East, particularly in Saudi Arabia and the UAE.
  • NV5’s full-service capabilities now include MEP, technology, and structural engineering, and these uniquely comprehensive design solutions will provide a competitive advantage when pursuing projects throughout the Middle East and Asia Pacific, including data center projects.
  • “Having worked with NV5 for many years, we are excited to join the NV5 team and look forward to the expanded scope of services we can now offer to our clients,” said Derek Astbury, Managing Director of ASG Engineering Consultants.

NV5 Awarded $27 Million by the California Department of Transportation District 6 for Not at Risk Construction Management Services

Retrieved on: 
Monday, March 18, 2024

HOLLYWOOD, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $27 million contract by the California Department of Transportation (Caltrans) District 6 to provide construction management for not at-risk services.

Key Points: 
  • HOLLYWOOD, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $27 million contract by the California Department of Transportation (Caltrans) District 6 to provide construction management for not at-risk services.
  • NV5 will deliver construction inspection, office engineering, claims support, and constructability support services for transportation projects within Caltrans District 6, serving Fresno, Kern, Kings, Madera, and Tulare counties.
  • “We take great pride in our many years of ongoing services to support Caltrans,” said Todd George, PE, COO at NV5.
  • “We look forward to leveraging our expertise to advance vital transportation projects that positively impact the communities we serve.”

NV5 Acquires Fluhrer Reed, Strengthens Engineering Services in North Carolina’s Research Triangle

Retrieved on: 
Thursday, March 14, 2024

HOLLYWOOD, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Fluhrer Reed, a provider of structural engineering and forensics engineering services in the Research Triangle of North Carolina, one of the nation’s fastest growing markets.

Key Points: 
  • HOLLYWOOD, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Fluhrer Reed, a provider of structural engineering and forensics engineering services in the Research Triangle of North Carolina, one of the nation’s fastest growing markets.
  • The acquisition strengthens NV5’s existing structural engineering group and provides additional expert witness resources to support NV5’s growing forensics engineering business.
  • Additionally, Fluhrer Reed’s services strategically complement NV5’s mechanical, electrical, plumbing, and technology design offerings for facility renovations and new construction.
  • “NV5 has become a leader in forensics engineering and structural services in the Southeast, and we have built these key growth areas through strong organic growth and acquisitions,” said Dickerson Wright, PE, Executive Chairman of NV5.

Revolutionary Cadence Reality Digital Twin Platform to Transform Data Center Design for the AI Era

Retrieved on: 
Monday, March 18, 2024

The revolutionary Cadence® Reality™ Digital Twin Platform virtualizes the entire data center and uses AI, high-performance computing (HPC) and physics-based simulation to significantly improve data center energy efficiency by up to 30%.

Key Points: 
  • The revolutionary Cadence® Reality™ Digital Twin Platform virtualizes the entire data center and uses AI, high-performance computing (HPC) and physics-based simulation to significantly improve data center energy efficiency by up to 30%.
  • Key benefits of the Cadence Reality Digital Twin Platform include:
    Advanced Modeling Capabilities: Simulates a vast range of design scenarios and operational strategies to identify the most energy-efficient solutions unique to each data center.
  • It’s exciting to create a digital twin using the Cadence Reality Digital Twin Platform to plan the deployment of current workloads and future-proof the investment.
  • Leveraging the innovative data center design and operations platform from our strategic technology partner, Cadence, will provide visibility of how our data center critical infrastructure can best support these leading-edge deployments.

NV5 Awards 2024 National Society of Black Engineers Scholarships

Retrieved on: 
Tuesday, March 5, 2024

HOLLYWOOD, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today the winners of the 2024 NV5 National Society of Black Engineers (NSBE) scholarship awards.

Key Points: 
  • HOLLYWOOD, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today the winners of the 2024 NV5 National Society of Black Engineers (NSBE) scholarship awards.
  • Founded in 1975, the National Society of Black Engineers is one of the largest student-governed organizations in the United States.
  • These individuals exemplify the values of NSBE, striving to become culturally responsible engineers who excel academically and contribute positively to their communities and professions.
  • “We continue to be impressed with the quality of applicants for the annual NV5 National Society of Black Engineers scholarship program, and we look forward to our ongoing NSBE partnership,” said Carl Henderson, PhD, PE, GE, Chief Diversity Officer for NV5.

NV5 Awarded $5 Million Infrastructure Mapping Services Contract by City of San Diego

Retrieved on: 
Thursday, February 29, 2024

HOLLYWOOD, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $5 million contract by the City of San Diego to provide land surveying, mapping, and digitizing services to support municipal infrastructure projects throughout the city.

Key Points: 
  • HOLLYWOOD, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $5 million contract by the City of San Diego to provide land surveying, mapping, and digitizing services to support municipal infrastructure projects throughout the city.
  • NV5 surveyors and geospatial professionals will deliver services for a wide array of infrastructure projects including water, wastewater, storm water pipelines, buildings, bridges, roadways, facilities, and parks.
  • This is the second time NV5 has been awarded this contract by the City of San Diego, and NV5 is currently delivering services under this new agreement.
  • “We have contributed to infrastructure improvements in the City of San Diego for many years, and we are pleased to have been selected for this latest award,” said Dickerson Wright, PE, Chairman and CEO of NV5.