GeoJunxion N.V.: GeoJunxion (GOJXN.AS) announces the closing of 2 location intelligence service contracts with combined value exceeding Euro 600K

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Capelle aan den IJssel, The Netherlands - 6 May 2021 -
GeoJunxion (GOJXN.AS) is pleased to announce the closing of 2 bespoke Location Intelligence Service contracts with a combined value exceeding Euro 600K.
Built-Up Areas
Following a successful pilot project, further tailoring and refinement of the product specification, GeoJunxion has closed a significant location intelligent service contract for the creation and delivery of Built-Up Areas in nearly 200 countries worldwide. The contract was signed with a global tech company and is planned to be completed before the end of calendar year 2021.
In response to the increasing demand for hyper local content, we have designed a unique suite of algorithms and methods that enable us to automate the generation of boundaries or polygons. Using this technology, we have created a new product with worldwide coverage of Built-Up Areas. A built-up area is an area that has a dense concentration of residential or industrial buildings and is typically a subset of a city area.

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