DEEPSPATIAL ELECTED AS ASSOCIATE MEMBER TO WORLD GEOSPATIAL INDUSTRY COUNCIL (WGIC) BOARD

Deepspatial Inc. has been elected as an associate member to the World Geospatial Industry Council (WGIC) board. The election is a testament to Deepspatial’s commitment to advancing the geospatial industry and leveraging the power of geospatial technology to drive economic growth and social development.

Dr. Bushra Zaman, director for data science at Deepspatial, will act as the representative of Deepspatial on the WGIC board. As a seat member on the WGIC board for associate members, Deepspatial will play a key role in enhancing the role of the geospatial industry and strengthening its contribution to the global economy and society. The company will facilitate the exchange of knowledge within the geospatial industry and co-create larger business opportunities for the geospatial industry. Deepspatial will also represent business interests, share perspectives of the geospatial industry, and undertake policy advocacy and dialogue with public authorities, multilateral agencies and other relevant bodies.

“We are delighted to be elected as an associate member to the WGIC board and to have the opportunity to work with industry leaders to drive the geospatial industry forward,” commented Dr. Rahul Kushwah, chief executive officer at Deepspatial.

“Our mission at Deepspatial is to provide cutting-edge geospatial technology solutions to businesses and governments across all sectors, and we believe that our election to the WGIC board will enable us to achieve this mission on a global scale. We look forward to collaborating with our fellow WGIC members to advance the geospatial industry and make a positive impact on society,” commented Dr. Kushwah.

The company has issued an aggregate of 375,000 common shares in the capital of the company at a deemed price of six cents per share to two consultants currently engaged by the company. All shares have a hold period of four months and one day.