OMG unveils big contract win

Share

• Copy link
• Facebook
• X
• Linkedin
• Whatsapp
• Pinterest

Share this article

Join the conversation

Follow us

Add us as a preferred source on Google

Newsletter

Get the MoneyWeek Newsletter

Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors

---

By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.

You are now subscribed

Your newsletter sign-up was successful

---

Want to add more newsletters?

Twice daily

MoneyWeek

Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

Signup +

Four times a week

Look After My Bills

Sign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today!

Signup +

---

An account already exists for this email address, please log in.

Subscribe to our newsletter

Imaging software provider OMG has announced that its Yotta DCL division, the UK's leading highway surveying company, has signed a four-year contract with the Highways Agency.

The contract, which carries the option to renew for a further year, is expected to be worth £2.27m over the life of the contract.

As part of the agreement, Yotta DCL will perform a Traffic Speed Condition Survey (TRACS) to determine the condition of the road surface, assess which areas are in particular need of repair and determine where immediate action needs to be taken. Over the life of the agreement, Yotta DCL will survey and monitor around 140,000km of motorway and other major roads across England.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Nick Bolton, OMG Chief Executive said: "This is a great start to the year for Yotta DCL and we are delighted to be awarded this significant contract with the Highways Agency. At the time of our preliminary results, we highlighted the potential for our new Tempest vans. That potential has today become clear and this contract win is testament to Yotta DCL's technical superiority and progress."

The share price rose 8.43% to 22.5p by 09:50.

NR