Recent Key Contracts NV5 has secured multiple significant projects, including a five-year contract with the Florida Department of Transportation and an 18,000-square-foot fire station. These opportunities indicate ongoing demand for infrastructure and public safety projects, presenting sales potential in geotechnical, structural, and construction services.
Strategic Acquisitions The company's recent acquisitions of CRS Survey PLLC and Herman Cx highlight a focus on expanding land surveying, mapping, and commissioning services, which could open avenues for cross-selling comprehensive engineering and compliance solutions to existing and new clients.
Technology Adoption With a robust tech stack including SkySpark, QGIS, and E-Builder, NV5 demonstrates a commitment to innovative engineering and project management solutions, creating opportunities to offer advanced digital workflows and data-driven services to clients seeking modernization.
Partnership Developments NV5’s recent partnership with UP42 GmbH for LiDAR data indicates a strategic move into high-resolution geospatial data services. This allows for cross-selling remote sensing, data analytics, and infrastructure monitoring to clients involved in large-scale land and environmental projects.
Market Position & Growth Positioned as a mid-sized firm with a revenue range of 50 to 100 million and active expansion through contracts and acquisitions, NV5 presents sales opportunities for integrated solutions across civil engineering, infrastructure, and environmental consulting sectors, especially in markets demanding innovative, compliant, and reliable engineering services.